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MTA Board Keeps Base Fare Flat; Approves Lowest Fare, Toll Increases Since 2009

The Metropolitan Transportation Authority (MTA) Board has voted to keep the base fare flat for another two years in approving the lowest fare and toll increase since 2009, when the MTA committed to a biennial schedule for regular increases.

The plan approved today increased fares and tolls over the next two years by 4 percent – or less than 2 percent annually and less than the rate of inflation. The MTA was able to hold the necessary increases below inflation as a result of the agency’s continued discipline in keeping costs down. The new fares, which take effect March 19, will allow the MTA to continue to provide safe and reliable service.

“The MTA is focused on keeping our fares affordable for low-income riders and frequent riders, and on how we can keep necessary scheduled increases as small and as predictable as possible,” MTA Chairman and CEO Thomas F. Prendergast said. “Keeping fares and tolls down was possible because of the continued operational efficiencies and ways we have reduced costs while adding service and capacity along our busiest corridors, most recently with the opening of the new Second Avenue subway.”

The MTA Board approved increases that keep the base fare for subways and buses at $2.75 and to keep a pay-per-ride bonus, making the effective fare with the bonus $2.62.

The 7-Day Unlimited Ride MetroCard, which is heavily used by lower-income and frequent riders, will increase by only a dollar to $32; the 30-day Unlimited Ride MetroCard will increase from $116.50 to $121. Both of these options were the same under the two proposals presented to the MTA Board.

The Single Ride Ticket remains at $3. The cash fare for Express Buses remains at $6.50, making the effective fare with the bonus $6.19.

The following table summarizes these changes:

 

Fare Types

Current

New Fare

Alternate Option Not Selected

Base MetroCard

Fare/Local Bus Cash Fare/AAR

 

$2.75

 

$2.75

 

$3.00

Metro Card Bonus

Effective Fare with Bonus

$2.48

$2.62

$2.59

Single Ride Ticket

$3.00

$3.00

$3.25

Express Bus

Cash

MetroCard Fare w/ bonus

 

$6.50

$5.86

 

$6.50

$6.19

 

$7.00

$6.03

30 Day Pass

$116.50

$121

$121

7 Day Pass

$31

$32

$32