Posts Tagged ‘Passenger Rail Investment and Improvement Act of 2008’

NJT fares could be hiked as much as 9 percent

Commuters could be hit with an NJ Transit fare increase that might reach 9 percent in fiscal year 2016, based on budget documents for the coming year.

NJ Transit’s budget documents said revenue from fares would increase by 8.8 percent, from the $928.6 million earned in fiscal year 2015 to $1.01 billion in 2016, according to an Office of Legislative Services’ review of NJ Transit’s financials.

Raed the complete story at NJ.com.