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Unplanned Hikes May Be In Store For New York Transit Fares
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9 Nov 2017 06:54 PM EST

New funding sources for New York’s Metropolitan Transportation Authority will need to be identified to avoid unplanned fare and toll hikes, according to a report released on Thursday by State Comptroller Thomas DiNapoli. The report also highlights the “deteriorated” performance of the nation’s largest mass transit agency, citing the Long Island Rail Road’s on-time operation is on track for its worst performance in 17 years. The MTA is a state authority that operates the subway, buses, two commuter railroads and bridges and tunnels. It provides services to nearly one-third of U.S. mass transit commuters, the report said, noting also that nearly one-third of the authority’s subway fleet is more than 30 years old. “In the absence of adequate funding, the system could fall into further disrepair and riders could face unplanned fare hikes,” DiNapoli said in a statement detailing the report.

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