NJ Transit set to decide Wednesday on fare increases

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NJ Transit’s board of directors will decide whether to raise bus, train and light rail fares as much as 25 percent when it meets Wednesday.
NJ Transit staff and directors held 12 hearings and information sessions on the proposal. Hundreds of people attended, and almost 4,000 comments were received electronically and are now being reviewed.
The fare increase, scheduled for May 1, is part of a plan to address a $300 million shortfall in the agency’s 2010-11 budget. NJ Transit is also laying off 200 people, cutting executive pay and reducing 401(k) contributions.
Source: Record Online
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