Published: Sun, March 19, 2017
Economy | By Annette Adams

MTA fare hike officially goes into effect

MTA fare hike officially goes into effect

But not everyone thinks it's that bad - one driver tells News 12 if the fare hike is the worst thing the government does this year, then it will be pretty good year.

Following the vote, MTA Chairman Tom Prendergast noted that the decision to keep single-rides unchanged "benefits riders who pay cash on the bus or load less than a round trip on a MetroCard, and are more likely to be low-income riders". For these one-way fares, any increase greater than 6 percent would be not more than 50 cents per ride.

The MTA's continued discipline in keeping costs down has resulted in the lowest increase since 2009, when the MTA committed to a biennial schedule to keep adjustments as small and predictable as possible, officials said.

For mass transit riders, a 30-day pass will cost $121, from $116.50, and a seven-day pass will increase to $32 from $31.

The cost of Family Fare tickets and City Tickets remain unchanged.

In case you missed it because you've been blissfully ignoring it, the latest MTA fare hike goes into effect this Sunday, with increases coming to weekly and monthly MetroCards. Subway ridership fell only about 0.3 percent to 1.756 billion trips past year with weekday ridership topping six million on some weekdays, and at its highest level since 1948.

The MTA has an estimated annual $13 billion budget.

Above ground, bus ridership has been declining for over a decade.

Ride-sharing apps have tripled the number of passengers they carry, from about 5 million in June 2015, to 16 million in October 2016, according to an independent analysis cited in a February 23 New York Times report. "So you're going to have to see, am I going to get to work, or am I going to eat?" another commuter said.

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