NJ Transit reveals proposed fare, service changes

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

NEW JERSEY (PIX11)– NJ Transit announced its plans to raising fares — for the first time in five years — and service cuts Monday in order to address a significant budget deficit. It would work out to an approximate 9 percent increase for commuters.

In a press release, a spokesperson said the statewide transit system faces an approximate $60 million gap for the 2016 fiscal year and would need to close it through fare and service adjustments.

The proposed service and fare changes would take effect in September 2015 and on October 1, 2015, respectively.

Costs such as contract services, health care and benefits, general liability insurance, workers’ compensation and pensions have steadily risen, contributing to the major deficit, the release said.

NJ Transit will hold nine scheduled public hearings and one information session beginning Saturday, May 16 before the plan is considered by the Board of Directors on July 8.