Metropolitan Transit Authority officials said Wednesday MetroCard prices are expected to rise in 2015 and again in 2017. How much the bus and subway fares will go up is still unknown. The MTA's board will determine the fare hike after public hearings.
Robert Foran, the MTA's chief financial officer, said in a presentation to the MTA's board that future fare and toll increases will depend on the authority's finances at the time. He said the authority had to cover health care, pension and other costs.