Report: NJ Transit may soon propose 9 percent fare hike
New Jersey Transit may soon propose a rate increase of nine percent, according to a Wall Street Journal report out Wednesday. A source familiar with the matter told the Wall Street Journal that the
News 12 Staff
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Apr 15, 2015, 8:28 PM
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Updated 3,296 days ago
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New Jersey Transit may soon propose a rate increase of nine percent, according to a Wall Street Journal report out Wednesday.
A source familiar with the matter told the Wall Street Journal that the agency may announce the increase and service adjustments as soon as this week.
Any proposed increase would be subject to public hearings and a vote from the agency's board.
The reported move comes as New Jersey Transit faces an $80 million budget gap.
