MTA pushing for another fare hike

BROOKLYN - The MTA is looking to raise its fares again.The organization says it needs to make up $900 million in its budget for next year. The MTA says the financial crunch is due to rising fuel prices and declining tax revenues. In March, the cost of unlimited-ride MetroCards was increased with the price of a single-ride ticket staying at $2. The MTA indicated then that another fare hike would be likely in 2010.Executives will be meeting Wednesday to discuss the possible increase. If the hike is approved, it would be only the second time that fares and tolls were increased in consecutive years.

advertisement | advertise on News 12

Trending Video

News 12 Brooklyn hit the streets to ask 1 Word on the Street: GPS devices
At least six people have been arrested and 2 Six arrested, 4 more sought in Coney Island gang assault video
3 VIDEO: Brooklyn Botanic Garden to host annual Sakura Matsuri Festival
News 12 Long Island has won the regional 4 News 12 Long Island wins regional Edward R. Murrow Award
Sea Cliff's Troy Ramey was voted off 'The 5 Elisa's Entertainment for 4/26

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE