Oh please! They are just going to raise prices as soon as this time frame is over.

I believe that until they are audited and security and enforcement of payment is toughened....they shouldn't even think of raising prices.

NJ Transit boss: No fare hike for riders in 2013-14

By Mike Frassinelli/The Star-Ledger

TRENTON ? NJ Transit riders will not see a fare hike for the fiscal year that runs from July 1 to June 30, 2014, the agency?s top official said today.

With the declaration at a state Senate Budget Appropriations Committee hearing, NJ Transit Executive Director Jim Weinstein kept a pledge he made in April 2010 not to increase fares for the next three years.

The promise followed a record-tying fare hike of 25 percent for train and interstate bus riders and 10 percent for light rail and local bus riders, plus the elimination of discounts given to train riders outside of peak traveling hours.

?In addition to getting people to their destinations on time, we also are continuing to fulfill another top customer priority: We are keeping fares stable,? Weinstein told the committee.

He said the agency has focused on efficiencies for every transit mode in every department through its ?Scorecard? initiative, which included customer surveys.

?Despite Superstorm Sandy?s widespread damage and disruption, our railroad had the best year ever for on-time performance,? Weinstein said. ?For the 2012 calendar year, NJ Transit trains got customers to their destinations on time 96.4 percent of the time. This is the highest figure in our 30 years-plus of rail service. And last month, the railroad tied the highest level of on-time performance for the month of March in our history, at 97.2 percent. The last time we achieved that figure was the year 2000.?

He said the 2013-14 NJ Transit budget would grow at 1.9 percent over the previous fiscal year, less than the rate of inflation, and noted that overtime in 2012 dropped from the year before.

NJ Transit has faced questions for the decision to leave trains in rail yards in Kearny and Hoboken that ended up flooding during Hurricane Sandy.

The flooding damaged 70 locomotives and 272 train cars, causing an estimated $100 million in losses and leading to smaller train sets as NJ Transit officials scurried to find train parts. So far, 46 of those locomotives and 109 of the rail cars have returned to service.

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