MTA Announces Fare Hike Beginning March 1, 2013

-3

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!

Related Posts Plugin for WordPress, Blogger...
Digg This
Reddit This
Stumble Now!
Buzz This
Vote on DZone
Share on Facebook
Bookmark this on Delicious
Kick It on DotNetKicks.com
Shout it
Share on LinkedIn
Bookmark this on Technorati
Post on Twitter
Google Buzz (aka. Google Reader)
Tags:

Comments are closed.