The MTA is revising its fare-hike proposal after weeks of public remark, decreasing the value for per week of subway and bus rides.
The brand new proposal, anticipated to face a vote by the transit company’s board subsequent week, would cap the value of limitless subway and bus rides at $35 over a seven-day interval with the OMNY fare-payment system — $1 greater than the present $34 threshold, and $1 lower than the preliminary fare-hike plan.
Particular person subway and bus rides are nonetheless anticipated to climb to $3, up from the present value of $2.90.
The fare hike remains to be anticipated to enter impact in January in an effort to synchronize it with the tip of the MetroCard and shift to all-OMNY funds by the tip of the yr.
The Metropolitan Transportation Authority’s deputy chief for business ventures, Jessie Lazarus, mentioned the hike discount got here in response to a public-comment blitz that noticed 4 occasions as a lot suggestions because the company obtained throughout 2023’s fare debate.
The outreach included three massive public suggestions conferences, plus 22 completely different small gatherings all through the MTA’s area, together with eight at commuter rail stations and 7 at subway stations.
“We’re really proud of the effort, and the result,” Lazarus mentioned.
The brand new fare proposal additionally features a plan to boost the age of youngsters eligible for the MTA’s “family ticket” on the Lengthy Island Rail Highway and Metro-North.
At the moment, the household ticket permits as much as 4 kids underneath the age of 12 to experience for $1 every, as long as they’re driving with a fare-paying grownup. The brand new proposal would lengthen the household ticket guidelines to incorporate any baby underneath the age of 18 within the $1 fare.
The rest of the proposed fare enhance is anticipated to stay the identical.
Specific bus fares are slated to go up 25 cents — from $7 to $7.25 — and be capped at $67 over a seven-day interval.
On the LIRR and Metro-North Railroad, single ticket costs would enhance by a mean of 4.4%. Month-to-month and weekly tickets additionally would go up 4.4%.
The Metropolis Ticket, which permits for journey inside New York Metropolis on the commuter railways, will enhance by 25 cents: from $7 to $7.25 throughout peak hours, and from $5 to $5.25 throughout off-peak.
Farebox income accounts for roughly one quarter of the MTA’s annual working funds — separate from the five-year capital funds earmarked for large-scale enchancment initiatives and partially funded by New York Metropolis’s congestion-pricing tolls.
New York Metropolis’s subway and bus fare final went up in 2023, when it rose from $2.75 to the present fare of $2.90.
