Fare Hikes

Last week we wrote about how the looming $10 billion deficit in the MTA's capital plan could lead to a $3.00 fare and $137 monthly pass within three years. That's not the only way the transit authority could decide to respond to a lack of funding, however.

With each passing month, the MTA comes closer to the day of reckoning on its unfunded capital plan -- the maintenance work that keeps trains and buses running and the expansion projects that provide more access to the system. While the first two years of the 2010-2014 capital budget were funded, there is a $10 billion deficit in the remaining three. So far, there doesn't seem to be any plan from the city, state, or federal government to find this funding. In fact, between the State Senate's goal of repealing the MTA payroll tax and the House GOP's budget-slashing, there may be more obvious paths to the MTA losing revenue than gaining it.

The monthly unlimited Metrocard will break the $100 barrier on January 1, following today's 12-2 MTA Board vote to balance the agency's budget by enacting a package of fare increases. (Get full details on the fare hike package from Ben Kabak.)

The state's top transportation officials delivered some tough news to the construction industry Friday: Public agencies are so cash-strapped they don't even have enough money to maintain existing infrastructure.

Outside Cooper Union yesterday evening, the sidewalks were packed with news cameras, security squads, political campaigners and activists pressing passersby with their plans for the MTA. Inside, the transit authority held the first of ten mandated public hearings on its proposed fare and toll hikes. Though attendance was sparse, the citizens who lined up to speak in all but unanimous opposition to the fare hike spared no venom for whichever target they chose, the MTA or the state government.

This afternoon the MTA officially unveiled the fare and toll increases it's proposing to help close the agency's remaining $400 million budget gap. The dailies had already reported many of the measures on the table, and it looks like the burden is going to fall mainly on New Yorkers who use subways and buses the most. The price of a monthly unlimited Metrocard is either going up to $99 with a 90-ride cap, or it'll go up to $104 and stay truly unlimited.

MTA service cuts are here. With reductions taking effect on Sunday, tomorrow marks the last day of operation for weekday-only services like the V and W trains, and many express buses. And even as transit supporters mourn current losses, more cuts loom on the horizon.

"Deal Saves Student Metrocards" proclaims the New York Times. "Ride on!" blares the Post. There's just one catch: There isn't really a deal.

The primaries are only four months away, and election season is starting to heat up in New York. All signs point to strong anti-incumbent sentiment among voters, with several entrenched legislators facing primary challenges. In Brooklyn's 27th State Senate district, long-time incumbent Carl Kruger is facing a primary challenge for the seat he's held since 1994.