MTA approves fare, toll hikes

Transit officials are raising costs to generate revenue.

Transit officials are raising costs to generate revenue. (12/19/12)

BROOKLYN - The MTA has voted in favor of raising the fares on city subways and buses.

Transit officials say the changes include raising the base fare to $2.50 per ride, decreasing bonuses, charging $1 to replace a MetroCard, and raising weekly and monthly passes.

Tolls hikes were also approved, despite the protests of many lawmakers. It will now cost $15 to cross the Verrazano Bridge, or $10.66 with E-ZPass. Officials had argued that the span to Staten Island was already the most expensive in the state.

The increases are expected to take effect in March.  

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