The MTA approved a budget plan Wednesday that could increase mass transit fares and tolls by 4% beginning in August 2025.
The move comes just weeks before the city's congestion pricing plan is set to take effect.
That program will charge drivers $9 to enter Manhattan south of 60th Street during peak weekday hours.
The board also approved a $788 million deal to replace part of its aging fleet and buy 44 new trains.