The MTA is pushing for a 5.5 percent fare hike, saying they need more revenue because of lower ridership.
Chief Financial Officer Kevin Willens calls it a “modest” increase when you consider rising costs and the fact that the MTA hasn’t raised fares since 2019. He said they’re trying to balance the budget without having to rely on service cuts and layoffs.
The MTA has also called for more funding from the city and state. Governor Hochul has proposed raising the payroll tax to give the agency more money.
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