The temperatures are dropping, but I’m still glad I can walk to work. Good luck to everybody else. The board of the Metropolitan Transportation Authority voted today to raise subway, bus, and commuter rail prices for the third time in three years. After all the changes and service cuts this past summer, you’d think the MTA would give riders a break, but the fare increases passed in the board vote 12-2. The MTA plans to see a 7.5% increase in revenue from the fare hikes. From The Times:
“The unlimited 7-day and 30-day MetroCards for the city’s subway and bus system will remain unlimited, as the board rejected a proposal to cap the number of rides they are valid for. But the price of the passes will jump significantly. On Dec. 30, when the increases take effect, a 30-day unlimited card will cost $104, up from $89, a 17 percent increase, while an unlimited weekly pass will cost $29, up from $27. Single rides will rise 25 cents to $2.50.”
The MTA is like most of our city, struggling with budget shortfalls and funding shortages. Looks like commuters are going to start facing their own budget shortfalls come soon.