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Looks like a fare hike is around the bend

A trip on the subway or bus may cost $2.50 in a few months.  Eagle file photo

Brooklyn Daily Eagle

The Metropolitan Transportation Authority’s board may soon consider a proposal that would increase base fares on subways and buses by a quarter, to $2.50, and raise the cost of a 30-day pass by $8, to $112, the New York Times and other sources report.

The increases would take effect in March, according to Bloomberg.com and are designed to net an annual $450 million in additional revenue to help fill projected budget deficits.

A spokesman for the state agency, however, said the figures were “premature.”

December 11, 2012 - 9:25am


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