With a budget to balance, MTA Chairman Joseph Lhota is taking aim at MetroCard discounts.
“Now, the stated fare price is $2.25,” Lhota said. “The average revenue we receive per rider is $1.63. So it shows the depth of our discount system that goes on.”
This is the first shot in the struggle over what combination of fare and toll increases will start in March that will annually generate $450 million.
“I think we really need a discussion about ‘do we need a discount that is that deep?’” Lhota said.
Lhota is targeting what’s known as pay-as-you-go cards, which give riders who spend more than $10 at a time a 7 percent bonus.