Barring State Intervention, MTA Set to Raise Fares

An MTA committee this morning is ready to hike the base subway fare up to $2.5, and the monthly MetroCard to $103. WNYC’s Matthew Schuerman reports that board members are still hoping the state legislature will intervene before the new fares becomes final.

REPORTER: Governor Paterson and Assembly Speaker Sheldon Silver have agreed on a plan to avert the steep fare hike by imposing a tax on employers’ payrolls and tolls on currently free bridges over the East and Harlem Rivers. But with Democrats in the state Senate unable to get enough support to pass the plan, the MTA says it has no choice but to go forward with this morning’s vote.

The full board will give final approval on Wednesday, unless Albany steps in beforehand. But since the fare hikes don’t take effect until June, and most service cuts not till later this year, there may be still some time to reverse course. For WNYC, I’m Matthew Schuerman.