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When the New York City Transit Authority was created in July 1953, the fare was raised to 15 cents (equivalent to $1.71 in 2023) and a token was issued. [ 90] In 1970 the fare was raised to 30 cents. [ 91] This token is 23mm in diameter with a Y cut out, and is known as the "Large Y Cutout".
In December 2018, an urban policy think tank proposed legalizing marijuana for non-medical uses in New York state, then collecting a tax to fund the New York City transit system. [ 118 ] [ 119 ] The same month, the MTA announced that as many as four percent of subway riders and 16 percent of bus riders each day might not be paying fares ...
This change was made as part of New York City Transit's Fare Deal, which sought to increase transit ridership by improving service. The change was proposed in November 1993, and public hearings on the change were held. [35] The change reduced travel times by 4 + 1 ⁄ 2 minutes for 26,000 people, a majority of the riders on the corridor.
Boarding New York City subways and most of its buses will cost another 15 cents before the summer is out under an MTA plan approved Wednesday that raises the base fare to $2.90. The MTA board in a ...
August 2, 2024 at 10:55 AM. NEW YORK CITY - The MTA says the number of riders getting away with a free ride on the buses in NYC is spiking, costing the cash-strapped agency hundreds of millions of ...
Around 33,000 members of Transport Workers Union (TWU) Local 100 walked off their jobs on April 1, 1980, in a strike with the goal of increasing the wage for contracted workers. All subway and bus lines in the five boroughs of New York City were brought to a complete standstill for twelve days. The strike was resolved on April 11.
NJ Transit’s annual fare hikes would increase 42% in the 14 years after July 1, 2026, when the annual raises would first go into effect — more than SEPTA, the MTA and NJ Transit’s 31% ...
The New York City Subway tried to keep its budget balanced between spending and revenue, so deferred maintenance became more common, which drew a slow but steady decline of the system and rolling stock. Furthermore, the workers were consolidated into the Transport Workers Union in 1968. A pension was set up, and workers were allowed to retire ...