FightTheHike08

M.T.A. Wants to Accelerate Fare Increases

from: The NY Times - City Room - Metro
by: RAY RIVERA
July 23, 2008 12:49 pm

At a contentious meeting at its Midtown headquarters, the Metropolitan Transportation Authority board provided new details about its plan to plug a gaping hole in its finances. Not only is it seeking an 8 percent increase in revenue from fares and tolls, to take effect July 2009, but it also is requesting an additional 5 percent to take effect by January 2011 — for a cumulative increase of 13.4 percent over 18 months.

Bridge and Tunnel Fare Increases

A breakdown of the fare increases already imposed by the MTA in 2008. Click the "read more" link below for details.

Gov., mayor slam MTA over fare hike

from: AM New York
by: Marlene Naanes | mnaanes@am-ny.com

The MTA could raise the base fare to $2.25 next summer a transit insider said, and Gov. Paterson and Mayor Bloomberg aren't happy about a second hike in two years.

The city can't afford to bail out the MTA, Mayor Bloomberg said, adding that the agency has to try to do more with less before he'd support a hike.

M.T.A. Delays Improvements, Citing Drop in Real Estate Sales Taxes

from: The NY Times
by: William Neumann
date: March 25, 2008

The Metropolitan Transportation Authority on Monday postponed $30 million in service improvements that it had promised in connection with recent fare and toll increases, saying its finances had worsened sharply.

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