Frank Powers and others rack up $14 million billion in lost revenue
Frank Powers free EZPass is costing you;
As straphangers face the possibility of higher fares and tolls, the MTA's freebie E-ZPasses are costing the authority $14 million in lost revenues a year.
In March alone, cars and other vehicles with a free E-ZPass made nearly 300,000 trips via Metropolitan Transportation Authority bridges and tunnels - amounting to approximately $1.2 million in uncollected tolls, MTA records show. Many of the trips were made by city employees, including on-duty police officers and firefighters.
The MTA is planning fare and toll hikes in 2010, but they could be put on the table for next year because of budget gaps. Given the MTA's shortfall, fare hikes could come around next year - and Gene Russianoff of the Straphangers Campaign said the city should pony up some dough.
Remember as a board member of the MTA Frank Powers has given himself a free E-ZPass that you ultimately pay for in fare and toll costs and increases.