NEW YORK (WPIX)—
The price of MetroCards will be raised by at least 8 percent next year, however a new report surfacing Tuesday claims the MTA will need to raise prices a whole lot more in order to close a multi-million dollar budget gap.Commuters may facet price hikes of nearly 15 percent. That means basic fare could shoot to nearly $2.50 or $2.75 as opposed to $2.25. In addition, a monthly MetroCard could sell for a whopping $102 as opposed to the current price of $89.
So far, no comment from the MTA on the study.
A big fare hike could be prevented if the idea of congestion pricing is put back on the table. The main premise of the idea centers around charging cars $8 for driving into Manhattan. That extra cash would be turned over to the MTA.
The mayor has publicly endorsed the idea of congestion pricing since its inception in 2008.
