Kate Hinds is an Associate Producer for WNYC News. She also reports for WNYC and Transportation Nation, a public radio reporting project that combines the work of multiple newsrooms to provide coverage of how we build, rebuild and get around the nation.
NY MTA Head Formally Backs Fare Hike
Thursday, December 13, 2012 - 05:18 PM
As expected, the head of the New York Metropolitan Transportation Authority is recommending the agency raise the base fare for subways and buses by 25 cents, and increase the cost of a 30-day MetroCard from $104 to $112.
Joe Lhota outlined his recommendation in a memo sent to MTA board members Thursday. The board is expected to approve the fare hike at its meeting next week. It would go into effect in March 2013.
Lhota says in his memo that the increase in fares and tolls will raise an additional $450 million annually for the agency.
To learn more, read the memo below, or download a pdf of it here.