JERSEY CITY, N.J. (CBSNewYork) — New PATH fares went into effect Monday morning.

The price of a one-way ride went up a quarter to $2.25 per trip. A weekly unlimited pass went up $3 to $24 and a monthly unlimited pass went up $8 to $73.

1010 WINS’ Glenn Schuck reports

PATH riders who use the Smart Card get a discount rate of $1.70, but cash customers and those who use a MetroCard have to pay the full price.

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The fare hikes is the latest in a planned series of fare increases that will raise one-way fares to $2.75 by 2015.

WCBS 880’s Paul Murnane On The Story

The increase marks the second phase of a toll and fare hikes package that was approved by the Port Authority in August of 2011.

The revenue is supposed to be funding maintenance on bridges, roads, and tunnels, but AAA claims the cash is going toward unrelated real estate projects like the World Trade Center.

The Port Authority has always insisted the increases are necessary to maintain services.

For more about the recent fare increase to PATH trains, click here.

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