By GREG MOCKER
pix11.com | @gregmocker
7:35 PM PDT, October 15, 2012
NEW YORK (PIX11)
Riders and commuters will see an increase in fares and tolls. The question is how much of an increase will there be?
The base fare is currently $2.25. A series of 4 proposals were put forth Monday by the staff of the Metropolitan Transportation Authority
MTA Chairman and CEO Joe Lhota says the MTA has cut and saved hundreds of millions of dollars. A press release details the MTA’s reasons for the fare and toll increases: “Costs that the MTA does not exercise control over, namely those for debt service, pensions, energy, paratransit, and employee and retiree health care, continue to increase beyond the rate of inflation,” says Chairman Lhota. “We are grappling with long-term measures to reduce these frustrating and difficult non-discretionary expenses, but today, they are the drivers of the need for a fare and toll increase.”
Each proposal would raise the same amount of money, the MTA reports. That is estimated to be about $450 million. Here’s the break down for the proposed increases to subway and bus rides, as provided by the MTA:
Under Proposal 1, the base fare would rise to $2.50. Under proposal 1A, the bonus discount would remain unchanged, effectively providing a per-trip fare of $2.34. Under this proposal, the 30-day unlimited MetroCard would rise to $112 and the 7-day would rise to $30. Under proposal 1B, the bonus discount would be eliminated but the increases to time-based cards would be lower. The 30-day would rise to $109 and the 7-day would remain unchanged.
Under Proposal 2, the base fare would remain unchanged. Under Proposal 2A, the bonus discount would be reduced to 5%, effectively increasing the per-trip fare to $2.14. Under this proposal, the 30-day unlimited MetroCard would rise to $125 and the 7-day would rise to $34. Under Proposal 2B, the bonus discount would be eliminated, the 30-day card would rise to $119, and the 7-day would rise to $32.
Customers can voice their concerns at a series of public hearings. This year, MTA will be accepting recorded video messages. Here are the locations as provided by the MTA.
Wednesday, November 7
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