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Planned Fare Hikes Coming For MTA Commuters

NEW YORK (CBSNewYork) -- It looks like the cost of commuting is going up again.

A newly-released MTA financial plan says fare and toll increases are needed next year, CBS2 reported.

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The plan says subway riders could anticipate an increase of no more than four percent.

Exact amounts will be proposed this fall.

Public hearings will be held before the new rates take effect in March.

Commuters faced another toll hike in 2015, when base fare for subways and buses went up by 25 cents to $2.75. The price of a 30-day MetroCard jumped by $4.50 to $116.50. The cost of riding the Long Island Rail Road and the Metro-North Railroad both went up about 4 percent.

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