MTA's incoming chief backs regular subway fare hikes

As much as straphangers lashed out against last year's fare hike, incoming MTA Chairman Joseph Lhota is ready to do it again -- and again.

In his first availability with reporters, Lhota said Wednesday he's not keen on raising fares randomly when the cash-strapped agency needs to. He said he favors a "rationalized fare policy."

They "should be done on what is a reasonable amount instead of having five year periods, and then a huge spike," he said.

That essentially backs the MTA's call in 2009 for a 7.5% fare hike every two years. The board has already said an increase is inevitable for 2013 and 2015, according to a financial plan released in July.

Meanwhile, the MTA's $12-billion operating budget for next year does not include any new service trims, but also does not restore any of the deep cuts made last year.

Lhota, who requires confirmation from the state Senate before he officially becomes chairman, did not specifically address the calls to restore service. He said questions do remain about the MTA's financial status and vowed to give that his full attention.

(with Newsday)