Bklyner.com reports: Both straphangers and motorists will dole out more at the farebox and toll both when the latest MTA hikes go into effect this Sunday, March 19.
MetroCard fares will increase for the 7-day (from $31 to $32) and 30-day (from $116.50 to $121) Unlimited Ride MetroCards, but one-way base fares will stay at $2.75 with a 5 percent cost-break for each round trip — making the effective fare with the bonus $2.62 per ride.
Just over half of the MTA’s $15.6 billion annual operating budget comes from fares and tolls, but that could be threatened by the drop in ridership in 2016, the first drop reported in seven years.
See the chart below for the impending fare breakdown:
The 7-Day Unlimited Ride MetroCard, which is heavily used by lower-income and frequent riders, says the MTA board.
Southern Brooklyn: What to expect on the bridges and tunnels
- The E-ZPass toll at the Verrazano-Narrows Bridge, which is only paid when crossing from Brooklyn to Staten Island, will increase by 44 cents to $11.52, and the cash toll will increase by $1 to $17.
- The E-ZPass toll at the Queens-Midtown Tunnel and the Robert F. Kennedy Bridge, for instance, will rise by 22 cents to $5.76. See more updated fare information here.
- In the chart below, the first row of fares represents the current rate, and the second represents the new rate starting March 19.
The toll to cross the bridge on the bridge’s opening day in 1964 was 50 cents (which would be around $3.84 today).