MTA approves fare, toll hikes

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

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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