Critics: Fare hike highlights need to rethink NJ Transit …

Advocates argue climate is a reason for helping cash-starved NJ Transit ...NJ Transit plans 15% increase in bus and rail fares - NJ Spotlight NewsPublic hearings on NJ Transit's fare hikes | NJ Spotlight News

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Critics: Fare Hike Highlights Need To Rethink NJ Transit …

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NJ Transit Approves $3B Budget Amid Outcry Over Fare Hikes

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Jul 25, 2024 · NJ Transit’s board approved a $3 billion operating budget that will spend the last of the agency’s federal COVID-19 relief dollars and is expected to sharply raise fare collection …

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NJ Transit Needs A Long-term Fix, Not A Weeklong Gimmick

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Aug 16, 2024 · NJ Transit approved a big fare hike this year — some fares rose 15% — and will tack on 3% fare hikes annually starting next July. So after raising taxes and hiking fares to …

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NJ Transit May Finally Have Dedicated Funding, But Still Needs A …

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Mar 12, 2024 · NJ Transit's proposed $3 billion proposed operating budget doesn't predict a future fiscal cliff if Gov. Phil Murphy's proposed business transit fee is passed, but a fare hike is still …

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NJ Transit Riders Say Murphy Needs To Provide More State Aid

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Feb 14, 2024 · The fare increase proposal — which would raise fares 15% in July and 3% annually for an indefinite amount of time after that — comes as the agency faces a $120 …

northjersey.com

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

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Jan 25, 2024 · NJ Transit is seeking 15% fare hike, first increase in nearly 10 years Officials announce a plan to hike fares 15% in an effort to help close a projected $106.6 million budget …

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

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Jan 25, 2024 · That includes in the aftermath of the 2007-2009 Great Recession, when service was cut and fares were hiked, by 22% in 2010. In 2015, both service cuts and a 9% fare …

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Fare Hikes, Service Changes, Everything On Table In NJ Transit Plan …

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Apr 20, 2023 · The projected funding need leaps to $917 million in fiscal year 2026 and hits $957 million in fiscal year 2027, without a fare increase or an increase in the state subsidy beyond …

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NJ Transit’s Fare Hike Vote Is Coming. Here’s What You Need To Know.

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Mar 22, 2024 · The clock is counting down to a scheduled April 10 vote by NJ Transit’s board of directors whether to increase fares 15% starting on July 1. What happens next? The public …

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FAQs about Critics: Fare hike highlights need to rethink NJ Transit … Coupon?

Will NJ Transit's $3 billion operating budget raise fare collection revenue?

(Dana DiFilippo | New Jersey Monitor) NJ Transit’s board approved a $3 billion operating budget that will spend the last of the agency’s federal COVID-19 relief dollars and is expected to sharply raise fare collection revenue following the agency’s first fare hikes since 2015. ...

When will NJ Transit's fare hike take effect?

Friday was the end of a public comment period on the potential hike. NJ Transit’s board of directors is scheduled to vote on the fare increase on April 10. Pending approval it would take effect on July 1. After that, the proposal calls for an automatic 3% annual fare increase starting on July 1, 2025, and occurring annually without an end date. ...

When will NJ Transit's 3% annual fare increase start?

NJ Transit officials announced a proposal that would institute a 3% annual fare increase starting July 1, 2026, after a 15% hike on July 1, 2025. "We couldn’t ask for a fare increase early on, because frankly we didn’t deserve it. At this point we think it’s a fair increase — fair as in F-A-I-R," Murphy said on News12 last week. ...

Will NJ Transit increase fares in 2025?

“This gets us to next year,” NJ Transit CEO Kevin Corbett said April 10 after the agency’s board voted to increase fares starting July 1, and hike the rates by an additional 3% annually starting on July 1, 2025 and continuing with no end date. ...

Will New Jersey Transit hike bus fares?

Agency announces 15% increase in bus and rail fares but says it has no plans to reduce service levels New Jersey Transit is planning to hike bus and rail fares by 15% starting this July to help close a projected budget deficit of more than $100 million, agency officials announced Wednesday. ...

Will a 15% hike be followed up with a 3% annual fare increase?

The proposed 15% hike under the latest proposed operating budget would be followed up in subsequent years with 3% annual fare increases. That’s all according to budget plans that are still subject to final approval, as discussed by agency officials during a background briefing with reporters. ...