In a new pricing plan MTA officials are looking to raise single ride fares to $3, according to the Daily News.
Next week the MTA will propose two fare change options at a board meeting. The first option will see the now $2.75 jump a quarter to $3 but will also increase the bonus riders get for every round trip they put on their MetroCard to 16%, up from 11%. The other option will see the fare stay at $2.75 but the 11% round-trip bonus would be decreased to 5%.
Whichever option the MTA decides to go with the monthly Metrocard will still jump to $121, from $116.50 and a weekly will go up a dollar to $32, from $31.
The fare hike will go into effect March 19.