The Metropolitan Transportation Authority Board of Directors approved Thursday an increase in fares for bus and train service beginning in July of next year. The new fees, however, are significantly lower than what the agency had sought to reduce a projected deficit created by court-ordered expansion of bus and rail service. Starting in July 2008, the cost of a day pass increases to $5 from $3. Monthly passes will jump to $62 from $52 in 2008. Single ride tickets will increase to $1.50 from $1.25 in July 2009.
