MTA’s $1 ‘green’ MetroCard produces more revenue than expected

14-metrocard

The $1 fee imposed by the MTA to encourage riders to reuse their MetroCards is producing an unexpected amount of extra revenue for the transit agency.

The so-called “green” MetroCard was supposed to reduce the number of used MetroCards that end up in the garbage, but a transit executive said last week that more riders are paying the $1 fee for a new card than expected, The Daily News reports.

If the fee continues to produce extra cash for the MTA, the agency will exceed the $20 million in new revenues and savings that it anticipated when drafting the budget, the executive said.

The $1 surcharge, imposed in March, was expected to generate an estimated $18 million in revenue this year. Printing fewer cards and reducing cleanup costs was expected to save an additional $2 million.

The extra revenue will likely put pressure on the agency to make system improvements and service restorations, the News reports.



News
Entertainment
Sports
Lifestyle
National

Pioneers for domestic violence push on

Reporter was commissioned to write this in-depth article. Two decades have passed since the O.J. Simpson trial captivated the country. But in the 20 years…

Local

Newest java joint in bastion of hipness is…

Little may represent the change the neighborhood is undergoing right now like the arrival of the first Starbucks. The chain which is ubiquitous in Manhattan, opened a Williamsburg store at…

National

Black and white are the new orange at…

By Brendan O'Brien(Reuters) - Black and white are the new orange in a Michigan county where the sheriff has made a wardrobe change for jail…

National

Traps set after reports of giant snake on…

New Jersey animal control workers have set traps to snare a reported 20-foot-long serpent slithering through the waters of Lake Hopatcong.

Music

Avey Tare's Slasher Flicks more accessible than Animal…

Believe it or not, Avey Tare — the man in the mustachioed mask pictured here in the pool of blood — may have made the poppiest music of his career.

Entertainment

‘The Leftovers’ recap: Season 1, Episode 4, ‘B.J.…

Last week’s episode of “The Leftovers” was apparently a fluke, because this week’s episode returns to focusing on the Garveys and it is so boring.…

Movies

Interview: Luc Besson says 'Lucy' is very different…

Filmmaker Luc Besson talks about his new film "Lucy," how it's different than "Limitless" and his crazy first conversation with Egyptian actor Amr Waked.

Music

Weezer releases first new song since 2010

Weezer releases "Back to the Shack," their first new song in almost six years.

NFL

'Vicktory dogs' travel road to rehabilitation seven years…

Of the dozens of dogs groomed by Bad Newz Kennels, 48 were rescued and 22 of the pit bull terriers have emerged at Best Friends Animal Society.

MLB

Yankees looking at trade for Cliff Lee, according…

Yankees looking at trade for Cliff Lee, according to report

NFL

Giants lineman Chris Snee to retire: Reports

The Giants report to training camp on Tuesday, but Chris Snee may not be there when they do.

NBA

Carmelo Anthony talks about his charity work in…

As he is used to doing every year, NBA All-Star Carmelo Anthony is going to visit Puerto Rico to do work for his foundation.

Tech

RocketSkates let users roll with a motor

Los Angeles company Acton has raised funds on Kickstarter to roll out a nifty alternative – motor-powered "RocketSkates."

Tech

Knicks star Carmelo Anthony becomes a tech entrepreneur

He's been an All-Star, an Olympian, and a celebrity spokesperson. Now NBA player Carmelo Anthony is adding the position "tech entrepreneur" to his resume. Along…

Tech

Ulises 1 is the world's first singing satellite

A group of artists and engineers in Mexico have unveiled Ulises 1, the world's first opera-singing satellite.

Home

Wallscape on a budget

Skip the wallpaper and ombre an accent wall instead.