Metro-North riders get an early holiday present from the MTA
The Metropolitan Transportation Authority (MTA) board of directors voted to discount its fares during the holiday season Thursday.
Subway and bus fares will be $1 during the last week in 2005 and on the weekends for the rest of the year beginning with Thanksgiving. Long Island Rail Road and Metro-North commuters will receive bonus tickets if they purchase a monthly pass under the plan.
The discounted fares will cost the MTA approximately $50 million in fares. The MTA was able to discount fares due to an estimated $1 billion surplus. Some local leaders including Governor George Pataki (R-NY) criticize the discount program. However, New York Mayor Bloomberg is supporting the reduced fares.
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