From AM New York:
The base fare would increase from $2.00 to $2.25 under both scenarios proposed at the MTA's finance committee meeting Monday.
In one proposal, commuters who purchase weekly or monthly passes would also see about a 4 percent increase in prices. This proposal would also raise express bus fares 25 cents, from the current $5.00 price.
Under the second proposal, monthly and weekly passes would increase by 6.5 to 8 percent. This option would allow for a discount fare of $2.00 during peak hours if you buy a card with more than $6 on it. Off-peak, non-rush hour fares would be $1.50.
So here we go again with another spike in transit costs with very little to show for it. Our system is still seriously outdated and in constant disrepair. One positive note is that cell service will be coming soon for a whopping six stations. If all goes well with those, the MTA wants to expand the coverage to nearly 300 stations across the city. So when the tunnels flood again, at least you can call and tell your loved ones you'll be late for dinner.
Hooray for mass transit in NYC!
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