A fare increase is required to help close a budget gap approaching $300 million next fiscal year.
Why is there a budget gap?
- Federal stimulus and other federal funds, which were used in FY10, will not be available next year.
- Fare revenue is down due to declining ridership.
- Higher expenses due to inflation, higher fuel costs, contractual obligations and other factors.
- State assistance will be lower due to a projected $11 billion State budget shortfall.
NJ TRANSIT has taken internal steps first, including:
- Workforce reduction (layoffs)
- Executive staff pay cut
- Continue salary/hiring freeze
- Spending freeze
- Reduction in 401k agency contribution
Bus Fares
Rail Fares
Hudson-Bergen Light Rail
- Hudson-Bergen Light Rail fares will increase an average of 10 percent, subject to rounding.
- The base fare will change from $1.90 to $2.10 and the base monthly pass from $58.00 to $64.00.
- The Hudson-Bergen Light Rail ten-trip ticket discount will be discontinued, as of April 30, 2010. (Ten-trip tickets are valid for 20 days from date purchased.)
Light Rail Fares
Newark Light Rail
- Newark Light Rail fares will increase an average of 10 percent, subject to rounding.
- The one-way fare will change from $1.35 to $1.50 and the monthly pass fare will change from $49.00 to $54.00.
Light Rail Fares
River Line
- River Line fares will increase an average of 10 percent, subject to rounding.
- The one-way fare will change from $1.35 to $1.50 and the monthly pass fare will change from $45.00 to $50.00.
Light Rail Fares
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