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9/23/2004



Rail News: Rail Industry Trends

CTA seeks higher FY2005 state appropriation, sets hearings on proposed service cuts


Yesterday, the Chicago Transit Authority(CTA) board approved a resolution seeking support from the Illinois General Assembly to increase fiscal-year 2005 operating funding levels as recently proposed by the Regional Transportation Authority (RTA), which oversees CTA, Northeast Illinois Regional Commuter Railroad Corp. (Metra) and Pace bus service.

The resolution also proposes that RTA and the assembly change the state statute to provide RTA more discretion in allocating funds, such as basing funding in part on each agency’s ridership performance.

If RTA doesn’t increase FY2005 transit funding, CTA will have to cut service. To gather public feedback on the potential service cuts and budget proposal, the board set tentative public hearing dates for Oct. 12, 19, 25 and 27.



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