NEW YORK - It's going to cost commuters a little more money to ride Metro-North next year.
The MTA released its 2015 budget, which calls for fares to increase 4 percent. The increase is actually an improvement on the 7.5 percent price hike that MTA had considered.
The rail line will spend nearly $363 million over the next four years to improve service and safety.
READ MORE: Transportation Stories
The good news is that the MTA is slashing parking fees at its trains stations in Orange and Rockland counties.
Fares for yearly permits will be reduced from $235 to just $20. Daily parking rates are going from $2.75 down to $1.25.
Officials hope reducing these fees could help to attract new customers. The pilot program officially starts in November and will continue for a year.