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| Friday, February 20, 08:57:17pm | [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, 5, [6], 7, 8, 9, 10 ] |
| Subject: Fare or not, hikes stand Judge nixes restraining order fare hikes that go into effect tomorrow at 12:01 a.m. | |
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Author: Originally published on May 3, 2003With MetroCard fare deals, the MTA says the average cost of a bus or subway ride will be $1.32. |
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Date Posted: Saturday, May 03, 02:37:05pm In reply to: http://www.ozestock.com.au/MessageView.aspPostID=226683&Symbol=ERG 's message, "My understanding is that NY & NJ tender process will commence later" on Monday, April 28, 07:17:14am http://www.nydailynews.com/front/story/80485p-73863c.html ----------------------------------------------------------- Fare or not, hikes stand Judge nixes restraining order ----------------------------------------------------------- By PETE DONOHUE DAILY NEWS STAFF WRITER ----------------------------------------------------------- Pay up, New York. ----------------------------------------------------------- Acting Manhattan Supreme Court Justice Louis York decided yesterday not to slam the brakes on the bus and subway fare hikes that go into effect tomorrow at 12:01 a.m. ----------------------------------------------------------- He also declined to roll back commuter railroad fares that went up Thursday. ----------------------------------------------------------- But the high-stakes contest - affecting some 7 million daily subway and bus riders and hundreds of thousands of railroad commuters - isn't over. ----------------------------------------------------------- York will conduct a hearing Friday on the merits of a Straphangers Campaign lawsuit charging the Metropolitan Transportation Authority misled the public about its finances. The advocacy group says the hearings sponsored by the MTA - before it decided in March to jack up the cost of a bus and subway ride to $2 from $1.50, and increase other rates - were a sham. ----------------------------------------------------------- The ruling was a defeat for the commuter advocacy group, but staff attorney Gene Russianoff said the war is not over. ----------------------------------------------------------- "We're going get a real day in court," he said. "It's possible that the judge will roll back the fare." ----------------------------------------------------------- York wrote in his ruling that temporary restraining orders "are drastic remedies and should be used sparingly. ... The far more prudent approach would be to wait another week" and have the hearing. ----------------------------------------------------------- Costly delays ----------------------------------------------------------- He noted that Transit Authority lawyers testified Thursday that reprogramming turnstiles and bus fare boxes would cost about $2 million. Every day the hike is delayed would cost the TA $1.2 million, officials said. ----------------------------------------------------------- MTA Chairman Peter Kalikow said he is confident the MTA will prevail. ----------------------------------------------------------- "Raising the fare is an unpopular task, especially in these difficult economic times," he said. "Nonetheless, the MTA needs to increase revenues in order to maintain our progress in supplying New Yorkers with a transportation system they deserve." ----------------------------------------------------------- The lawsuit seeks an order forcing the MTA to release more accurate data and conduct new hearings. ----------------------------------------------------------- It cites a report of MTA finances released by state Controller Alan Hevesi, who said the MTA shrank its 2002 surplus to $24.6 million from $537 million by moving the money into the 2003 and 2004 budgets with transactions that were not disclosed to the public. ----------------------------------------------------------- The result was the MTA created a $236 million deficit for this year when it could have shown a surplus of $83 million - more than enough to delay a fare hike this year, Hevesi said. ----------------------------------------------------------- But he conceded that a fare hike is needed next year. ----------------------------------------------------------- With MetroCard fare deals, the MTA says the average cost of a bus or subway ride will be $1.32. ----------------------------------------------------------- With Helen Peterson ----------------------------------------------------------- Originally published on May 3, 2003 [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| New York Moves Toward A Regional Smart Card For TransitPATH, an operator of commuter trains between Manhattan and New Jersey, will introduce chip cards for fare payment next year in the first step | toward what is expected to become a regional smart card system for the New York metropolitan area( 2003-05-14 ) | Friday, May 16, 03:56:30am |