Regional Transportation Authority Board to Vote on Plan to Delay CTA Service Cuts
The Regional Transportation Authority board unanimously approved reallocating $74 million from suburban transit funds to support the Chicago Transit Authority's budget and maintain service levels.
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CTA gets $74M from Metra, Pace to delay 40% service cuts next year
The Chicago Transit Authority is receiving $74 million from its sister agencies to stave off service cuts by two to three months next year to buy time for state legislators to pass a funding bill and plug a multi-million dollar budget hole.The Regional Transportation Authority's board of directors voted unanimously Thursday to reallocate funds from Metra, Pace and the RTA to the Chicago Transit Authority's 2026 budget.The "temporary" measure wil…
Regional Transportation Authority Board to vote on plan to delay CTA service cuts
CHICAGO — On Thursday, the Regional Transportation Authority Board of Directors is expected to meet to vote on a plan to delay cuts for CTA services. The meeting comes as Metra, Pace and the CTA face a budget deficit. LATEST CASES: Missing people in Chicagoland RTA officials are planning to pull $74 million from Metra and Pace and hand it over to the CTA in an attempt to delay cuts. Despite the efforts, all three agencies could see a 40% r…
CTA budget crisis eased by $74M from Metra, Pace
The Chicago Transit Authority avoided immediate service cuts and fare hikes Thursday after regional transportation officials approved a plan to shift suburban transit funds to help cover the city agency’s budget shortfall.
RTA shifts Metra, Pace grant funding to delay CTA fiscal cliff - Evanston RoundTable
The Regional Transportation Authority board of directors voted unanimously on Thursday to shift $74 million in grant funding that world normally go to Metra and Pace to the CTA, so that it can avoid a fiscal cliff for another two to three months. All three transit agencies under RTA’s oversight have been using COVID stimulus funding to plug budget shortfalls, and all three are expected to run out in 2026. But the CTA has less stimulus funding le…
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