MTA plans 5.5% rate hike next year, needs $600 million more to make up shortfall
The MTA plans to raise fares and tolls by 5.5% next June to help address a major budget shortfall caused by declining ridership since the start of the pandemic, officials said Wednesday. The increase is greater than the 4% increases in fares and tolls the MTA implemented every two years from 2009 to 2019. The …
MTA plans 5.5% rate hike next year, needs $600 million more to make up shortfall Read More »