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It also calls for an 8percentt increase in fare revenue.
We discovered that he was talking about the increase in fare in his home town in Illinois, and knew practically nothing about the disturbance here.
The rescue would lower a planned increase in fare revenues from 23percentto8percentcent and avert planned service cuts.
One City Hall source said that the passenger decline could herald a fall in revenues for Transport for London, whose budget requires a 7.4% increase in fare income this year as well as a 3.5% increase in passenger journeys.
That budget was meant to fill a predicted $1.2 billion gap, with a series of drastic financial measures, including a 23percentt increase in fare and toll revenues starting in June, deep service cuts and other budget cutbacks.
He reiterated his support for the transit system bailout, which is aimed at reducing a proposed 23percentt increase in fare and toll revenues scheduled for this year and at halting deep service cuts.
Similar(47)
The authority also said that it had generated less revenue than expected from fares, despite an increase in fares this year.
But some airports, where the number of carriers has fallen, have had steep increases in fares.
Drivers also voiced longstanding demands for an increase in fares.
INTERSTATE RISE; Federal Board Allows Increase in Fares to Connecticut Points.
It opened last Monday, just in time to ease the pain of an increase in fares.
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