You'll almost certainly have to pay more to ride NYC subways and buses soon, but soon just got postponed. AndrewSiff4NY has the details.
The office of New York State Comptroller Thomas DiNapoli has demanded to know how the MTA plans to save money and fund operations while trying to reduce COVID-driven budget gaps. The agency had a $15 billion federal bailout but spent at least two-thirds of that to stay afloat, according to the comptroller's office.
The comptroller also warned that with government funding running out, and ridership still sagging, severe service cuts and fare hikes could be coming in the future.The MTA, in response to the comptroller's report, said it was"committed to maintaining robust service for our riders, and this report underscores that solving post-pandemic budget gaps with fare increases and service cuts alone is not an attractive option.
"It shouldn’t even be the fare it is now. They want more money, but we are not getting the service that we need! It’s just out of control," said rider Peggy Banks. DiNapoli's office says it would take a fare hike of 28% to ease the MTA's financial pain. An increase of that amount would raise the price of a single ride from $2.75 to $3.50.
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