Transit authority considers increasing fares, tolls for 2017

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NEW YORK (AP) — The Metropolitan Transportation Authority is considering two proposals that would raise fares and tolls system-wide by about 4 percent on average next year.

MTA board members are expected to vote on the proposals in January following a series of public meetings on the increases.

The first proposal would raise the base fare for subways and buses to $3 while increasing the bonus on pay-per-ride MetroCards from 11 percent to 16 percent. A second option would keep the base fare at $2.75 but reduce MetroCard bonuses to 5 percent.

Under both plans, a weekly MetroCard would rise to $32 and a monthly pass would cost $121.

The hikes are set to take effect on March 19.

MTA chairman Thomas Prendergast says the “modest” fare increases are needed to cover rising costs.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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