4 proposals were unveiled in October and a period of public comment followed. They were designed to present a number of options and allow the board to create a final version that included a combination of their suggestions. In total, the final package is expected to raise about $400 million dollars.
Proposals include leaving the base fare at $2.25 or increasing it to $2.50. New rates for express buses, railroads, and unlimited weekly and monthy cards will also be set.
The MTA will not confirm reports that a final decision has been made to increase the base fare to $2.50 and set the unlimited monthly card at $112.
In a statement, the MTA says the reports are premature. “The Chairman is discussing alternatives with the board and will be making his recommendation in writing to the board in a communication to be sent later this week (or over the weekend),” says MTA spokesperson Kevin Ortiz. The board will vote on the at next full board meeting on December 19th.