Another fare increase could be on its way for New York's Metropolitan Transportation Authority as it grapples with falling revenue and increased costs that are pushing $2.7 billion of projects into the 2010-2015 capital plan.

"We are facing a crisis in our capital funding," executive director Elliot Sander said yesterday following finance committee meeting. "We remain hopeful that revenues will rebound and that subsidies will increase but if they do not we will have to consider fare and toll increases and ... service cuts."

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