Now you know what all these fare hikes are for.
An MTA pay raise is just around the bend, according to the Daily News.
Transit workers are about to win a new contract with 4 percent annual raises, sources told the News.
A three-man arbitration panel is expected to announced the new contract for bus and subway workers Monday or Tuesday, with raises of 4, 4 and 3.5 percent over the next three years, according to the News. Costs for the MTA would be increased by $400 million.
Roger Toussaint, president of the Transport Workers Union Local 100, is on the panel for the union, and former state budget director Dall Forsythe is representing the MTA. The tie-breaker is former Deputy Mayor John Zuccotti.