Fare Hike
MTA Statement On 2011 Fare Hike
Shortly after Tom Namako of the New York Post had his report on potential facets of the MTA’s 2011 Fare Hike plan published, the MTA issued a statement. Here is what I received: The rescue agreement reached with the Governor and Legislature last spring called for a 7.5% increase in revenues from MTA fares and [...]
2011 Fare Hike To Have MetroCard Tax?
This might be the case according to a report by the New York Post this morning which dropped this bombshell among others in reporting on the 2011 fare hike. At the end of the last month, MTA CEO & Board Chairman Jay Walder announced that there would be no fare hikes this year even with [...]
MTA CEO: We Will Not Raise Fares This Year
Earlier today, MTA Board Chairman & CEO Jay H. Walder appeared on the John Gambling show to discuss the current state of the MTA in terms of finances & service cuts. During his appearance, he announced that the agency will be sticking to its schedule & not increasing fares this year. Plans are still in [...]
Fare Hikes May Be Steeper
By now, the story of the MTA’s fiscal crisis is ingrained into your mind. The upcoming fare hikes in January inch closer & closer everyday. Some might hope for a reprieve but most resign to the reality of nothing will stop them from happening. Unfortunately as is usual with the MTA, just when you think [...]
MTA CEO Does Not Rule Out Fare Hikes
The following story in today’s New York Daily News is just the type of piece that will have the masses screaming bloody murder over the raises awarded to MTA workers via an arbitration panel. The piece focuses on how interim MTA CEO/Executive Director Helena Williams can’t rule out fare hikes due to the 11% raises [...]
