Share on FacebookTweet about this on TwitterEmail this to someone
Share on FacebookTweet about this on TwitterEmail this to someone

MTA Chairman and CEO Joseph Lhota said today that the MTA could do away with MetroCard discounts in an effort to raise the agency’s revenues, reported Crain’s New York Business.

“We have enormous discounts in the system. And I think we need to look at those discounts, and we need to have, on the entire fare issue, a public debate,” Lhota said at breakfast forum sponsored by the publication Wednesday.

Cutting the discounts is just one of several options that is under consideration, said an MTA spokesperson.

Currently, subway riders receive a 7 percent bonus when they put $10 or more on their MetroCards.

But even if the discounts are cut, there could still be a fare hike, Lhota stressed. The MTA plans on raising fares by 7.5 percent in March 2013.

 

Comments:

Join The Discussion



Related Stories
Jacob Riis Park lifeguards take top spots in USLA National Lifeguard Championships
Jacob Riis Park lifeguards take top spots in USLA National Lifeguard Championships
Identify this place in Queens
Identify this place in Queens
Popular Stories
Photos by Rene Carson for Museum of the Moving Image
Street fair in Astoria will take residents behind the scenes of movie production
Photo by Robert Stridiron
Man gets shot four times during a dispute in Woodhaven
Photo: Google Maps
NBC's 'The Blacklist' will be filmed at Bayside Milk Farm on Bell Blvd. next Tuesday
Skip to toolbar