Are You Ready To Pay More!
Well, the MTA expects you to come this Friday, March 1st. 2013. Yesterday the MTA made the official announcement and seems quite un-bothered by public complaints and therefore MTA has decided to forego their plan of ACTION and will be increasing the fare hike [on NYC tolls, transit bus, trains, Metro North,etc] begining this Friday, March 1, 2013. According to the “Metropolitan Transportation Authority” (MTA)
“The increases come during an era of successful and unprecedented MTA management actions to cut controllable expenses. In fact, the MTA will spend less in 2012 on its controllable costs than it did in 2011. Year-over-year controllable costs are lower by 0.3%.”
According to MTA cCEO and chairman and CEO Joseph J. 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.”
Here’s the breakdown of it all
Base MetroCard Fare & Local Bus Cash Fare |
$2.25 |
$2.50 |
$2.25 |
||
Single Ride Ticket (Subway) |
$2.50 |
$2.75 |
$2.50 |
||
Bonus Value with Purchase of $10 or More |
7% |
7% |
none |
5% |
none |
Base Fare w/Bonus Discount |
$2.10 |
$2.34 |
$2.50 |
$2.14 |
$2.25 |
30-Day Unlimited Pass Cost |
$104 |
$112 |
$109 |
$125 |
$119 |
30-Day Unlimited Pass Break Even Point (trips) |
50 |
48 |
44 |
59 |
53 |
7-Day Unlimited Pass Cost |
$29 |
$30 |
$29 |
$34 |
$32 |
7-Day Unlimited Pass Break Even Point (trips) |
14 |
13 |
12 |
As for the tolls:
Whitestone Bridge, Hugh L. Carey Tunnel (formerly Brooklyn-Battery Tunnel), Queens Midtown Tunnel | Current Rate | Proposed Rate |
---|---|---|
E-ZPass | $4.80 | $5.30 |
Cash | $6.50 | $7.50 |
As for the other proposed increases click here A Tweet, A Tweet, That’s All Folks!