Current:Home > ScamsNew Jersey Transit is seeking a 15% fare hike that would be first increase in nearly a decade-LoTradeCoin
New Jersey Transit is seeking a 15% fare hike that would be first increase in nearly a decade
lotradecoin top token listings View Date:2024-12-25 12:35:45
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 Wednesday is intended to help close a projected $106.6 million budget gap for the upcoming fiscal year, agency officials said. It also calls for annual, regular fare increases of 3% going forward in subsequent years.
NJ Transit said it initially reduced some of its projected budget gap by making $44 million in cost reductions, along with an additional $52 million in revenue enhancements. Agency officials also noted the plan does not call for any service level reductions.
NJ Transit plans to hold 10 public hearings on the proposal from March 4 to 8 and also will accept online written comments. The agency’s board is expected to vote on the fare increase at its April 10 meeting and, if approved, it would take effect July 1.
veryGood! (711)
Related
- 'Secret Level' creators talk new video game Amazon series, that Pac
- Over 30,000 ancient coins found underwater off Italy in exceptional condition — possibly from a 4th-century shipwreck
- CMA Awards set to honor country’s superstars and emerging acts and pay tribute to Jimmy Buffett
- US asks Congo and Rwanda to de-escalate tensions as fighting near their border displaces millions
- Kylie Kelce's podcast 'Not Gonna Lie' tops Apple, Spotify less than a week after release
- Lauryn Hill defends concert tardiness during LA show: 'Y'all lucky I make it...on this stage'
- Biden administration guidance on abortion to save mother’s life argued at appeals court
- Live updates | More Palestinians fleeing combat zone in northern Gaza, UN says
- What Americans think about Hegseth, Gabbard and key Trump Cabinet picks AP
- Stock market today: Asian shares mostly slip ahead of China-US meeting
Ranking
- Trump will be honored as Time’s Person of the Year and ring the New York Stock Exchange bell
- 7 injured in shooting at homecoming party near Prairie View A&M University: Police
- Louisiana police chief facing charge of aggravated battery involving 2022 arrest, state police say
- Man sentenced to 48 years in prison for Dallas murder of Muhlaysia Booker
- I loved to hate pop music, until Chappell Roan dragged me back
- 'Really lucky': Florida woman bit on head by 9-foot alligator walks away with scratches
- Vegan Beauty Line M.S Skincare: 7 Essentials Your Routine Needs
- Wisconsin GOP proposes ticket fee, smaller state contribution to Brewers stadium repair plan
Recommendation
-
Beyoncé's BeyGood charity donates $100K to Houston law center amid Jay
-
'The Voice': Gwen Stefani accuses Niall Horan of trying to 'distract' Mara Justine during steal
-
What stores are open on Thanksgiving and Black Friday 2023?
-
Nevada judge tosses teachers union-backed petition to put A’s stadium funding on 2024 ballot
-
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
-
The US sanctions Mexican Sinaloa cartel members and firms over fentanyl trafficking
-
Ex-CIA officer accused of drugging, sexually abusing dozens of women pleads guilty to federal charges
-
Antibiotics that fight deadly infections in babies are losing their power
Tags
-
lotradecoin versus coinbase exchange
lotradecoin NFT marketplace features
lotradecoin cross-chain trading solutions
lotradecoin token
lotradecoin transaction processing speed
lotradecoin referral
lotradecoin rewards
lotradecoin liquidity provider benefits
lotradecoin integration with payment systems