While it may be less politically challenging for the MTA to simply tweak its obscure MetroCard purchasing bonus, some advocates disagreed with the authority’s approach to eliminate that discount. With NPR’s Audie Cornish and WNYC’s Rebeca Ibarra. to offer a mix of national and local news, every weekday at 5 PM. Acting MTA chairman Fernando Ferrer said the authority’s money problems were the “most daunting challenges [the MTA has] faced in decades,” and added that the hikes would stave off potentially devastating service cuts. "The MTA's first job is to look within," he told Brian Lehrer earlier this month. Few people believe the MTA will put the money to good use, which makes the public less willing to give the MTA more money. Comment below or Send us a Tip. Debt service will account for 16 percent of next year’s budget, payroll another 32 percent, and health/welfare 13 percent. Monthly MetroCard costs will rise from $121 to $127 while weekly rates will increase from $32 to $33. ADDITIONAL BACKGROUND INFORMATION ABOUT MTA FARE PAYMENTS AND OMNY: OMNY Contactless Fare Payment System On Track With New Installations. The MTA also announced that OMNY installation has been completed on the and lines and that all but one station has received OMNY on the and lines. New York City commuters can expect another round of toll and fare increases in 2019 and 2021, the MTA announced Wednesday. I already felt good about it, but this makes me feel even better.

It is their job, after all, to deal with the subway's problems. But that popularity is precisely what made it politically untenable to change for so long despite the various budgetary crises stemming from the obvious untenability of that arrangement. Sign up for our newsletter! The MTA, in other words, is counting on this fare hike. You can't move a deadline," Cuomo said, speaking on WNYC. "We've maintained laser focus on this project since the day we launched the public pilot at the end of last May," said OMNY Program Executive Al Putre. Given that the MTA Chief Finance Officer just told them in bold-headlined presentation we have to do this or we will be in very serious financial trouble and nobody is giving them any realistic alternatives, their hands are in some ways tied. The agency’s debt burden could grow to alarming new heights because the MTA is counting on a rosy economic model, a scheduled 4-percent fare hike in 2021 and its job-cutting transformation plan (which has already pushed out one high-paid executive) just to survive long enough to deal with a $130-million deficit by 2023, according to state Comptroller Thomas DiNapoli.

All Rights Reserved. A FARE INCREASE OF 4 PERCENT Transit officials said fare and toll increases of 4 percent are in store, and will not be as large as the rate of inflation. Nobody is arguing for cutting workers’ health care or making anyone work for less than a solid wage, but even discussing improved efficiencies in health care, for example, seem to be completely off the table. The current five-percent bonus added for every $5.50 pumped onto a MetroCard translates into an effective fare of $2.62. The commuters already paying $460 or more for their monthly ticket would not see any increase — a last-minute tweak to the railroad’s fare increase proposal. Comment below or Send us a Tip. They don’t think it’s fair that riders themselves pay for the MTA’s mismanagement. These high fares make the city unlivable for hundreds of thousands of residents, if not millions. And this doesn’t even include the five-year, $32.5 billion capital plan that encompasses major construction projects which in themselves have their own major cost issues. NYC news never sleeps.

A deadline is a deadline. arrow The nickel fare was immensely popular with New Yorkers for obvious reasons. But this year is special. Asked before Tuesday's meeting if there was any chance there won’t be a fare hike, acting MTA chairman Freddy Ferrer replied, “You mean barring the tooth fairy putting it under our pillows?”.

No, this year is special because it comes during an actual subway State of Emergency, which the MTA is still technically in. The MTA on Wednesday said it plans to increase fares by 4 percent each in 2019 and 2021. If price hikes are not enacted—and get at least one more stream of revenue on top of that—the MTA threatens to consider service cuts. Currently, the MTA board must approve the MTA’s budget before it knows how the state’s budget will impact its bottom line. The agency said there's a variety of reasons for a decrease in revenue, including competition from Uber and other ride hailing apps; as well as fare evasion, although it provided no evidence of this (that data is promised at the December board meeting). The agency is also guilty of contributing to revenue issues: It has ongoing track closures and weekend work, which reduces service, which reduces ridership which reduces revenue, which reduces service, which...got us to a deficit in the first place.

The vote came a day after Gov. All rights reserved. In 2021, the MTA will introduce an OMNY card … So, until the MTA and state lawmakers show a good faith effort to fix the problem they have created, the argument goes, riders shouldn’t foot the bill. The base MetroCard fare will remain at $2.75, but the MTA will eliminate its purchasing bonus that adds additional cash to riders who put at least $5.50 on their cards. Even deferring the fare hike by a year will cost the MTA some $300 million in expected revenue and forgoing it entirely will have cascading effects on the budget for years, since the next fare hike would result in less revenue, and the one after that, and so on. Under one of the MTA's fare hike proposals, Access-A-Ride users face a .25 cents increase. 2020 election results: Count drags on as Biden nears victory, Pennsylvania vote counters' toil to extend into next week, Georgia 2020 live presidential election results, The Countdown: Biden has narrow lead, Trump promises legal fight, Cuomo: Don't land in NY without proof of negative COVID test, New Yorkers make their voices heard for Biden, Trump, Illegal club in COVID cluster zone busted with 130+ people inside, Street renamed for heroic teen who tried saving child's life, WH chief of staff Mark Meadows tests positive for COVID-19, Cars under water, street flooded after NYC water main break, Election reaction: Long Island has become Trump country, 2020 election results: Biden calls for unity, calm amid vote count, Download the abc7NY app for breaking news alerts.

Board member Andrew Albert also lamented the end of the MetroCard purchasing bonus, which typically benefits lower-income riders who can’t afford the upfront monthly and weekly passes. But matters would be even worse if they couldn’t do the fare hike, the MTA argues. By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms. [Update: Subway fare rises on April 21] The board has approved modest fare increases every two years, but this is the first one since the subway … With NPR’s Audie Cornish and WNYC’s Rebeca Ibarra. He said the agency wasn’t yet contemplating layoffs. First and foremost, their mandate is to safeguard the financial health of the MTA. Purchasing your fare with cash will remain an option. Further, the fare hike is not being presented as a way to make service better, but merely as a way to cover existing costs. The MTA’s six agencies have been required to find a combined $500 million in annually recurring savings. It’s worth remembering that the London Tube system, which is far superior by almost any measure to the subway, has much higher fares. The MTA did not elaborate on the specific cost breakdown. And while the MTA board has created working groups to lower costs related to construction, the authority has yet to announce any real reforms on these fronts. The authority’s board voted Wednesday to raise rates on its subways, buses, railroads and tolled crossings. The costs of MTA fares and tolls are rising again. Here are the subway and bus fare proposals (PDF): Governor Andrew Cuomo said he's against the fare hikes, and recently suggested that the MTA could save money by fixing its own culture.



Disability rights advocates plan to protest outside Tuesday's hearing demanding no fare hike until the MTA makes the entire system accessible. New York’s Metropolitan Transportation Authority may cut subway and bus service by as much as 40% and boost fares by 5% in 2021 if the federal … Get the Gothamist Daily newsletter and don't miss a moment. Will fare hikes solve any of them? They can do that because they have no control over the fare, which is set by the MTA board, an independent body. Gothamist is a website about New York City news, arts and events, and food, brought to you by New York Public Radio.

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