MTA, going your way, and taking all your money.

The MTA has planned to increase fares in 2019 and then again in 2021, according to NBC. Though specifics for the hike aren’t immediately clear, the proposed fare in 2019 would include a 4 percent increase from the current $2.75 single ride cost.

A recent 2017 hike rose MetroCard weekly and monthly fares, Metro-North and Long Island Railroad fares by 4 percent, but kept the base subway/bus price at $2.75.

The MTA says even with the fare hike they are looking at a $90 million deficit per year, over the next four years. The agency claims they must raise prices as less and less people are riding the subways because of their inconsistent service. Bronx and Queens ridership heavily declined between 8.2 percent and 6.6 percent respectively, between May 2017 and May 2018.

“What adds insult to injury is when performance sucks,” board member Lawrence Schwartz told the NY Post about the 4 percent increase. “We have to focus on performance… the days of inefficiency, the days of waste have to end,” he added.
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Chairman Joe Lhota also blamed the decline in earnings on ride sharing programs like Uber and Lyft in addition to people jumping turnstiles.

“When you have choice you take advantage of the choice, Lhota said at a press conference on Wednesday.

Final decisions on the fare increase will be made sometime next year after a number of public hearings will be held in the fall or winter.