Last Sunday, the Metropolitan Transportation Authority initiated a 50-cent increase on all cab rides in order to raise revenue to eliminate a $5 billion deficit. This recent surcharge follows a series of hikes enacted by the MTA to increase profits. "These new revenues enabled the MTA to avoid the actions most painful to our customers and most detrimental to our ability to operate the transit system that supports the regional economy," MTA Deputy Press Secretary Aaron Donovan said. Below is a list of all the surcharges that you may have to pay the next time you take a taxi.
$0.50 — Entrance fee: Riders will now pay $3 instead of the original $2.50 upon entering the cab. $0.40 — Every one-fifth of a mile when the taxi cab is traveling at six miles per hour or more. $0.40 — Every 60 seconds the cab is not in motion. $0.40 — Every 60 seconds traveling at less than 12 miles per hour. $0.50 — A night surcharge between 8 p.m. and 6 a.m. $1 — From Mondays to Fridays between 4 and 8 p.m.
Information compiled from "Financial Outlook for the Metropolitan Transportation Authority" (Office of the State Comptroller, June 2009) and the New York City Taxi and Limousine Commission.
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