Mta Fare Hike 2024. The plan assumes as much as a 4% hike that could. With the additional state funding, the mta lowered its proposed fare rate increase to generate a 4 percent annualized increase in farebox revenue, compared with the 5.5 percent proposal included in the february plan;
The long island rail road logo is shown on the side of a lirr commuter. The mta has approved its financial plan that includes fare and toll hikes that could take effect next august.