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MTA HQ Press Release: MTA Board Approves Reduced Fare and Toll Increase
The Metropolitan Transportation Authority (MTA) Board today approved the 10 percent fare and toll increase called for in the new funding legislation passed by the New York State Legislature last week. Commuter rail fares will begin to increase on June 17; fares on subways and buses will change on June 28; bridge and tunnel tolls will increase on July 12. The fare proposal is designed to increase fares on average by 10% and to achieve as close to a 10% increase as practicable across all fare instruments.
"Today we implemented a bittersweet solution that comes with additional pain for our customers, our employees and those who live and work in our region," said H. Dale Hemmerdinger, Chairman of the MTA Board. "But it will – at least for the short term – prevent the Armageddon that loomed large when we last met." "The fare and toll increase passed today is not ideal, but it spares our customers from actions that would have been extraordinarily painful," said Elliot G. Sander, MTA Executive Director and CEO. "Implementing severe fare increases and deep service cuts directly contradicts the MTA's mission and my goals as CEO. It is a great relief to know we will be able to continue providing the service our customers expect at an affordable price." Subway and Bus Fares
Fare TypeCurrentNewChange from Current Cash/Single Ride/Base MetroCard Fare$2.00$2.2512.5% Bonus and Buy-in Threshold15% with $7 purchase ($1.74 per ride fare)15% with $8 purchase ($1.96 per ride fare)12.5% 1-Day$7.50$8.2510.0% 7-Day$25.00$27.008.0% 14-Day$47.00$51.509.6% 30-Day$81.00$89.009.9% Express Bus Cash/Single Ride Base MC Fare Bonus Fare 7-Day Pass $5.00 $5.00 $4.35 $41.00 $5.50 $5.50 $4.78 $45.00 10.0% 10.0% 9.9% 9.8% MTA Bus Specific Changes The proposal continues changes to policy previously recommended to make bus fare policy consistent between MTA Bus express service and New York City Transit express service, including
Long Island Bus
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