New Jersey Transit (NJT) officials proposed on Wednesday an increase of fares by an average of 15% systemwide to make up an anticipated $61 million operating shortfall. Under the proposal, interstate bus and rail fares would increase an average of 13% beginning this summer, reported The Philadelphia Inquirer. The cost for a one-way trip on the Camden-to-Trenton River Line, for example, would increase from $1.10 to $1.25. The proposed average fare increase is needed to cover the cost of new and expanded services, as well as inflation, and spiraling fuel and security expenses, said NJT Executive Director, George Warrington. Despite the proposed increases, some fares remain unchanged including fares for commuters who buy monthly passes for local bus, subway and light rail services. The proposal will undergo a period of public comment in February and will be presented to the agency's board in April.
NJ Transit proposes average 15% fare increase
The fare increase is needed to cover an anticipated $61 million operating shortfall.
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