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MTA Keeps Base Fare at $2.75, Drops Multi-Ride Card Bonus

  • Step comes as agency faces projected growth in deficit
  • ’It’s not easy to ask people to come up with more,’ chief says
relates to MTA Keeps Base Fare at $2.75, Drops Multi-Ride Card Bonus
Photographer: Christopher Lee/Bloomberg
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The Metropolitan Transportation Authority voted to raise some fares for New York City subway and bus riders to close a budget shortfall that was projected to double over the next three years.

The proposal, approved Wednesday at an MTA board meeting, will keep the base subway fare at $2.75 while eliminating the 5 percent discount for purchasing multiple rides at one time -- a bonus that had resulted in an effective fare of $2.62. The cost of a weekly unlimited pass would rise to $33 from $32, while a monthly pass would increase to $127 from $121. The changes go into effect on April 21.