The MTA is revising its fare-hike proposal after weeks of public comment, lowering the price for a week of subway and bus rides.

The new proposal, expected to face a vote by the transit agency’s board next week, would cap the price of unlimited subway and bus rides at $35 over a seven-day period with the OMNY fare-payment system — $1 more than the current $34 threshold, and $1 less than the initial fare-hike plan .

Individual subway and bus rides are still expected to climb to $3, up from the current price of $2.90.

The fare hike is still expected to go into effect in January in an effort to synchronize it with the end of the MetroCard and shift to all-OMNY payments by the end of the year.

The Metropolitan Transportation Authority’s deputy chief for commercial ventures, Jessie Lazar

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