The Metropolitan Transportation Authority on Monday unveiled proposals to increase fares and tolls by four percent over the next two years.
Under the first proposal, the base fare increases by 25 cents, and the bonus amount is increased from five percent to 11 percent when putting $ 5.50 or more on a MetroCard.
Under the second proposal the base fare for cash, Single-Ride Tickets and Pay-Per-Ride MetroCards remains unchanged, but the bonus for putting $ 5 or more on a MetroCard is eliminated.
In both proposals, the cost of a 30-Day Unlimited Ride MetroCard increases by $ 4.50 and the cost of a 7-Day Unlimited Ride MetroCard by $ 1.
The MTA board will review the proposal and the increases will be the subject of public hearings in December.
Fare increases would take effect in March 2015.
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via Great Local News: New York http://ift.tt/1iZiLP1
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