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Updated 10/15/2012 11:06 PM

MTA Details Upcoming Fare Hike Proposals

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The MTA delivered some bad news Monday as they officially laid out details of next year's toll hike proposals for city subways, buses, bridges, tunnels and commuter rails.

MTA Coverage On NY1

Watch MTA Chairman and CEO Joe Lhota discuss the proposals with "Inside City Hall" host Errol Louis.

Read New Yorkers' thoughts on the MTA proposals.

Under the first proposal, a monthly unlimited MetroCard would cost $125 and an unlimited weekly card would cost $34. The base fare would stay at $2.25 and the agency would reduce the pay-per-ride bonus to 5 percent.

The second proposal increases 30-day cards to $119 and seven-day cards to $32. The base fare would stay at $2.25 and the MTA would eliminate the pay-per-ride bonus.

Under the third plan, monthly unlimited cards only go up to $104, weekly cards would stay the same at $29, the base fare would go up a quarter and there would be no pay-per-ride bonus.

Under the fourth plan, the 30-day cards would cost $112 and weekly cards would cost $30 with a $2.50 base fare. The pay-per-ride bonus would stay at 7 percent.

Express bus fares could stay at $5.50 or go up to $6.

A seven-day pass could also go up to $57.

As for toll hikes, the cash price could go up by as much as $2 on some bridges. E-ZPass users will still get a discount.

"Our subsidy per rider is the lowest in the country. It's important for me, it's important for all of us to work with our Legislature to find ways to have them understand that New York shouldn't be the lowest," said MTA Chairman and CEO Joe Lhota.

Lhota said no matter which plan goes into effect, riders will get their money's worth.

"It is in fact cleaner. It is in fact more efficient," Lhota said.

The MTA is set to hold public hearings next month. It is also setting up video cameras at four locations to let the public respond to the proposals.

The MTA board is deciding on the fare and toll hikes in December, and once approved, they will go into effect in March.

For more information on the proposed hikes, as well as public hearing locations and times, visit mta.info.