MTA proposes cutting planned fare hikes from 7.5 percent to 4 percent

The MTA wants to cut the cost of two planned fare hikes nearly in half. The MTA is planning to scale back fare and toll

The MTA wants to cut the cost of two planned fare hikes nearly in half.

The MTA wants to cut the cost of two planned fare hikes nearly in half. (11/13/13)

BABYLON - The MTA wants to cut the cost of two planned fare hikes nearly in half.

The MTA is planning to scale back fare and toll increases in 2015 and 2017. Its proposed 2014 budget calls for a 4 percent hike instead of a 7.5 percent increase.

The scaled back increase is dependent on two things. The MTA says it needs the New York state payroll tax to remain in place and for unions to accept net zero increases. According to the MTA, failure to achieve a settlement with labor unions would increase costs by $300 million per year going forward.

The MTA board will vote next month on the 2014 budget proposal.

advertisement | advertise on News 12

Top 5 Must See

Police say the victim sustained multiple lacerations and 1 Police release sketch of man found dead in Massapequa Preserve
The van was a welcome addition to the 2 Nassau firefighters group donates van for disabled vets
Two Long Island residents with differing views on 3 LI residents offer different takes on GOP health bill failure
Police are searching for the driver involved in 4 Brentwood man killed in hit-and-run crash
When the new Nassau Coliseum opens its doors 5 New Coliseum to pay tribute to military, 9/11 victims

advertisement | advertise on News 12

More News

Commuters who take the Long Island Rail Road Commuter tax break could be derailed for LIRR riders

Commuters who take the Long Island Rail Road are hoping a federal program that helps

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE