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October 19, 2005

Early Xmas Gift

The MTA has decided to use some of its $900 million surplus to give out fare discounts and bonuses during the holiday season. Maybe next year also. They are also going to pay off some pension obligations.

Update: Mobilizing The Region reports on one of the reasons for the fare rebate: "Part of the thinking behind the MTA’s proposal to offer a variety of significant fare discounts between Thanksgiving and the New Year is likely fear that political leaders will find ways to appropriate the build-up of transit operating funds for other purposes."

Post Author: csa | 10:01 PM | Link | TrackBacks
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