Bad news is on the horizon for MetroCard users. The New York Daily News reported that the MTA issued a new financial plan, which includes a potential (but definite) fare hike in 2017.
What you’re feeling right now is not déjà vu—there was a substantial fare increase last year. Also, last year, we warned you that by 2017, the MTA is expecting to hike up the fare price by another 4 percent.
Judging by the aforementioned fare increase, the Daily News article confirms, “MTA officials are suggesting that the base $2.75 fare will go up a quarter to a solid $3, according to Jamison Dague of the nonprofit Budget Commission.” And it’s highly likely that unlimited ride users will be affected as well.
Let’s just hope that $300 million dollars is enough to provide reliable bus and subway service to the lot of us.