MTA’s New Budget Includes 2013 Fare Hike
The MTA unveiled its new budget Wednesday and is going
forth with fare hikes next year.
Originally scheduled for January, the MTA confirmed in
its budget that those fare hikes will go into effect in March. The price of a
subway and bus ride will jump from $2.25 to $2.50.
But MTA Chairman Joseph Lhota warned the authority still
faces ballooning deficits and is counting on zero cost labor deals in the
coming years.
“Our budget is fragile,” he said. ”It is a risk and I
prioritize it probably as our number one risk.”
Although fare hikes are in the future, a surprising
number of members of the public attended the MTA’s board meeting Wednesday to
praise the authority for recent service restorations.
“I would like to say thank you for restoring the B48
bus,” one woman said.
“I’m going to thank you guys,” another man said. “Thank
you for restoring bus service.”
The Straphangers Campaign also thanked the MTA for its
plan to restore an additional $29 million in transit services.
“In a transit system with subways and many bus routes
bursting at the seams with high and growing ridership, it is the right thing to
do,” the group said in a statement.
In 2010, the MTA cut more than 30 bus routes and 500 bus
stops as well as two subway lines to help close a $900 million budget gap.
Comments
Post a Comment