Showdown on MTA fare hike
May 24. That's the showdown date for public hearing on the MTA's proposed fare increases. Forces have been gathering to support it, but CNS reports that transit officials say they need the extra revenue:
"Metro is struggling to overcome an operating deficit projected at $1.8 billion over 10 years," said Metro CEO Roger Snoble. "Our costs for new buses, fuel, labor and other expenses have gone up exponentially over the years while fees to our customers have not changed." The last major fare overhaul was in 1994. In 2004, Metro lowered the price of a regular fare by 10 cents and increased the cost of monthly passes by $10. MTA officials could not adjust fares while the agency was under a federal Consent Decree. That decree expired last year.
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