Recent Streetsblog NYC posts about Fare Hikes

Straphangers Will Be Asked to Shoulder MTA’s Growing Debt and Labor Costs

By Stephen Miller | Oct 3, 2012 | No Comments

A new report [PDF] from New York State Comptroller Thomas DiNapoli says that the MTA budget picture is slowly improving as tax collections and ridership increase with a recovering economy, but that won’t protect straphangers from big fare hikes. Revenues from the Payroll Mobility Tax and the more volatile tax on real estate transactions are […]

Amid Christie and Cuomo Raids, Port Authority Plans Huge Fare and Toll Hike

By Noah Kazis | Aug 5, 2011 | 6 Comments

Crossing the Hudson River will get much more expensive under a proposed Port Authority plan to sharply increase tolls and fares on its four bridges, two tunnels and the PATH train. The increases are a result of the poor economy, the costs of rebuilding after the attacks of September 11, and the expensive repairs needed […]

Without New MTA Funds, Transit Riders May Face Return of 70s-Era Disrepair

By Noah Kazis | Apr 14, 2011 | 13 Comments

Last week we wrote about how the looming $10 billion deficit in the MTA’s capital plan could lead to a $3.00 fare and $137 monthly pass within three years. That’s not the only way the transit authority could decide to respond to a lack of funding, however. At the other end of the spectrum from […]

Fare Hike 2014: Without New MTA Revenue, $137 Monthly Pass Could Happen

By Noah Kazis | Apr 7, 2011 | 53 Comments

With each passing month, the MTA comes closer to the day of reckoning on its unfunded capital plan — the maintenance work that keeps trains and buses running and the expansion projects that provide more access to the system. While the first two years of the 2010-2014 capital budget were funded, there is a $10 […]

Fare Hike 2011: It’s Official

By Ben Fried | Oct 7, 2010 | 20 Comments

The monthly unlimited Metrocard will break the $100 barrier on January 1, following today’s 12-2 MTA Board vote to balance the agency’s budget by enacting a package of fare increases. (Get full details on the fare hike package from Ben Kabak.) NY1’s John Mancini reports that the MTA Board faced some predictably withering public testimony […]

New York Transportation Officials: We’re Broke

By Noah Kazis | Sep 27, 2010 | 8 Comments

The state’s top transportation officials delivered some tough news to the construction industry Friday: Public agencies are so cash-strapped they don’t even have enough money to maintain existing infrastructure. With budgets battered by rising maintenance costs and recession-ravaged revenues, an industry-sponsored conference offered little prospect of further expansions to the state’s transportation system beyond the […]

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