NJ Transit Proposes 15% Fare Hike After Nearly a Decade

TL;DR Summary
NJ Transit is proposing a 15% fare increase in its fiscal year 2025 budget, the first hike in almost 10 years, to address a projected $106 million budget shortfall. The increase, set to take effect on July 1, is part of a plan that includes subsequent 3% annual increases with no sunset date, while service levels will not be cut.
Topics:business#budget-shortfall#fare-hike#new-jersey#nj-transit#public-transportation#transportation
- NJ Transit proposes first fare hike in almost a decade NJ.com
- N.J. Transit Proposes Raising Fares 15% on July 1 The New York Times
- NJ Transit plans to raise fares 15% Eyewitness News ABC7NY
- NJ Transit proposes massive 15% fare hikes as MTA chair taunts NJ Gov. Phil Murphy for budget hole New York Post
- New Jersey Transit wants to raise fare prices by 15% starting in July CBS Philadelphia
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