During the first three months of 2024, 48 percent of bus riders did not pay, signaling a crisis for the Metropolitan Transportation Authority, which needs the fare revenue to help fund the beleaguered transit system. This surge in fare evasion encapsulates a broader trend impacting M.T.A. financial viability, especially as fare revenues drop significantly below expectations.
Two years ago, the M.T.A. lost $315 million because of bus fare evasion and $285 million as a result of subway fare beaters. With current trends, officials are notably concerned, looking toward deficits of up to $1 billion in the coming years as fare revenues are dipping further, affecting the operational capacity of the transit system.”}],
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