MTA Chair Janno Lieber warned that fares on subways and buses could rise to over $3.50 per ride without an infusion of funding from Albany in the state budget, which is due on Saturday.
Lieber, at the monthly MTA board meeting on March 29, cited a November analysis by State Comptroller Tom DiNapoli in saying that without an infusion of recurring funds, the transit authority could be forced to hike fares “north of 80 cents.”