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MTA: Fare hikes to be smaller

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NEW YORK (MYFOXNY) -

The next fare and toll hike won't be a big as previously announced, the MTA said. The hike was supposed to be 7.5 percent but will likely be about 4 percent. The MTA made the announcement in a meeting discussing the budget surplus is was expecting to see over the next four years.

"We try to keep costs down in order to minimize the financial burden on our customers, and as this financial plan shows, we are succeeding in that effort," MTA Chairman and CEO Thomas Prendergast said in a statement. "Our customers want value, which is quality and quantity of service, and that service has to be reliable and safe. Through this financial plan, that's what we work to provide."

The MTA also plans several service improvements, including:

· Extending the M from Myrtle Avenue to Delancey Street -Essex Street on Weekends

· Extending Bx24 to Hutchinson Metro Center from Westchester Square

· Adding Q77 service on Sundays

· Restoring Q31 on Weekends

· Restructuring Staten Island express bus service to add a new "super express" service via the Lincoln Tunnel to Midtown

· Restoring half-hourly LIRR weekend service on the Port Washington Branch and to Ronkonkoma

· Expanding LIRR service to Greenport

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