MTA votes to increase mass transit fares and tolls
NEW YORK (WABC) -- The MTA on Wednesday approved its financial plan that includes fare and toll hikes that will take effect next August.
The exact amount of the increases will be learned later this afternoon.
The board traditionally increases fares and tolls by roughly 4%, which would make $3 bus and subway fare likely.
Subway and bus fares last increased 15 cents in August 2023, which sent the price from $2.75 to $2.90. Fares did not increase in 2021 after New York Governor Kathy Hochul said the subway system needed to lure more riders following the pandemic.
Meanwhile, community members in Chinatown and the Lower East Side are calling on Governor Hochul to stop congestion pricing.
Tenants, workers and small business owners argued the plan will have a negative impact on the area.
The revised congestion pricing plan will cost $9 for most vehicles traveling through Manhattan below 60th Street starting January 5th.
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