MTA board raises fares 4%, tolls 6% in first rate increase in 4 years
“Long Island commuters will pay more to ride the LIRR, subways and buses, or to drive across an MTA bridge or tunnel, by the end of this summer, as the Metropolitan Transportation Authority on Wednesday approved its first fare hike in four years.
At a Manhattan meeting, the MTA board unanimously voted in favor of the plan to raise fare revenue by 4% and tolls by 6%. The new rates will take effect on or around Aug. 20.”
-Long Island Newsday
WHAT TO KNOW
The MTA board unanimously voted in favor of a plan to raise fare revenue by 4% and tolls by 6%. The new rates will take effect on or around Aug. 20.
On the LIRR, weekly and monthly tickets would rise, on average, by 4.3%, with no tickets exceeding $500. One-way, off-peak tickets would rise by 4.6%.
Defending the increase, MTA chairman and CEO Janno Lieber noted it was part of a budget deal with the state that pulled the transit agency out of potential insolvency.
