NJ Transit Riders Face 15% Fare Increase to Close Budget Gap

NJ Transit Riders Face 15% Fare Increase To Close Budget Gap

1 week from now

Jan 24, 2024  · (Bloomberg) -- New Jersey Transit riders face a 15% fare increase, as the agency struggles to rebound from the pandemic, budget officials said Wednesday. Most Read from …

yahoo.com

NJ Transit Riders Could Soon Be Paying 15% More To Ride – NBC10 ...

1 week from now

Jan 25, 2024  · New Jersey Transit has proposed a 15% fare increase for bus and train riders -- the first increase in nearly 10 years -- in an effort to close a projected $106 million budget gap.

nbcphiladelphia.com

PUBLIC HEARINGS ON PROPOSED FY25 FARE ADJUSTMENT - NJ …

1 week from now

In order to close the remaining budget gap of $106.6 million, NJ TRANSIT is proposing a systemwide fare adjustment of 15 percent taking effect on July 1, 2024. This proposed fare …

njtransit.com

New Jersey Transit Approves A 15% Fare Hike, The First Increase In ...

1 week from now

Apr 10, 2024  · TRENTON, N.J. (AP) — New Jersey Transit’s board of directors has unanimously approved a 15% fare increase for bus and train riders, the first time its rates will rise in nearly …

apnews.com

NJ Transit Board Approves 15% Fare Hike For July 1, Despite …

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NJ Transit President and CEO Kevin Corbett said the agency was left with no choice to help close its more than $100 million budget gap after making $96 million in internal cuts to agency ...

msn.com

NJ Transit Approves 15% Fare Hike, 1st Increase In Nearly A Decade

1 week from now

Apr 10, 2024  · New Jersey Transit's board of directors has unanimously approved a 15% fare increase for bus and train riders Published April 10, 2024 • Updated on April 11, 2024 at 6:40 …

nbcphiladelphia.com

Facing Huge Deficits, NJ Transit Proposes 15% Fare Hike, The

1 week from now

Jan 25, 2024  · NJ Transit is proposing to increase fares 15% — its first hike in nine years — and would install 3% annual fare increases indefinitely after that, according to a plan presented by …

yahoo.com

Proposed 15% Fare Hike Won’t Avoid NJ Transit’s Next ... - Nj.com

1 week from now

Jan 27, 2024  · NJ Transit is proposing a 15% fare increase — its first in almost 10 years — to be followed up with continual annual 3% fare increases. That and $44 million in financial cuts are …

nj.com

New Jersey Transit Approves 15% Fare Hike To Plug Budget Gap

1 week from now

Read more: NJ Transit Riders Face 15% Fare Increase to Close Budget Gap. Public-transit agencies across the US are struggling as pandemic-era aid sunsets and ridership remains …

msn.com

New Jersey Transit Is Seeking A 15% Fare Hike That Would Be First ...

1 week from now

Jan 25, 2024  · TRENTON, N.J. (AP) — New Jersey Transit has proposed a 15% fare increase for bus and train riders, the first time its rates would rise in nearly 10 years. The plan announced …

usnews.com

15% NJ Transit Fare Hike Doesn’t Actually Fix The Agency’s Money ...

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Apr 15, 2024  · One way to close that $766 million gap is Gov. Phil Murphy’s proposed corporate transit fee, which would levy a 2.5% tax on the earnings of about 600 companies in New …

nj.com

15% NJ Transit Fare Hike Would Be A ‘huge Burden’ On ... - Nj.com

1 week from now

Mar 9, 2024  · The 15% fare increase proposal was introduced on Jan. 24. In addition to $44 million in non-service cost-cutting and $52 million in revenue enhancements, a predicted $119 …

nj.com

NJ Transit Plans 15% Fare Increase Starting On July 1 - ABC7 New …

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Jan 24, 2024  · The agency plans to reduce that deficit through $44 million in cost reductions and $52 million in revenue enhancements but says the fare hike is needed to close the remaining …

abc7ny.com

Critics: Fare Hike Highlights Need To Rethink NJ Transit Funding

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Jan 31, 2024  · New Jersey Transit’s plan to close a budget gap topping $100 million with its first fare hike in nearly a decade is renewing concerns about how the state supports one of the …

njspotlightnews.org

NJ Transit Plans 15% Increase In Bus And Rail Fares - NJ Spotlight …

1 week from now

Jan 25, 2024  · For rail riders, the agency estimates the proposed 15% increase will result in the fare for a one-way trip from Princeton Junction to New York’s Penn Station to climb from $16 …

njspotlightnews.org

NJ Transit Proposes 15% Fare Hike For Commuters Due To Deficit

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Jan 25, 2024  · NEW JERSEY (PIX11) — New Jersey Transit commuters are bracing for a 15% fare increase after the agency announced proposed hikes Wednesday afternoon. If approved …

pix11.com

‘It’s Expensive Already’: NJ Transit Riders React To Proposed Fare …

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Jan 26, 2024  · Riders are sending a message to NJ Transit and Gov. Phil Murphy after a 15% increase was suggested for this July and an annual 3% increase in the following years. Alvin …

pix11.com

NJ Transit Unveils 174 New Railcars To Improve Service - USA TODAY

1 week from now

Oct 30, 2024  · NJ Transit's board unanimously approved a controversial fare increase in April — the first since 2015 — which hiked ticket prices 15% on July 1 and 3% every year after that. …

usatoday.com

NJ Transit Fare Increase Gets Immediate Backlash - Bergen Record

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Jan 29, 2024  · Riders say NJ Transit's fare hike is 'unfair.' ... that would institute a 3% annual fare increase starting July 1, 2026, after a 15% hike on ... it will still face a $766.8 million budget …

northjersey.com

Will NJ Gas Tax Rise? Stay Tuned - NJ Spotlight News

1 week from now

3 days ago  · Fares for New Jersey Transit’s bus and rail riders were also increased, by 15%, on July 1, under efforts to close a significant budget gap. A new registration fee for zero-emission …

njspotlightnews.org

PATH Fare Hike In New Port Authority Budget. See How Much You ... - Nj.com

1 week from now

3 days ago  · The Port Authority introduced a 2026 budget that calls for a third toll increase since 2023 and the first PATH fare increase in a decade. The $9.4 billion budget comes with both an inflationary ...

nj.com