Great News!
The RTA Board today voted to provide the CTA with $54.3 million in state operating assistance. The CTA will use the money to close an expected $55 million shortfall in this year’s budget. With this funding, I will recommend that the Chicago Transit Board act at its July 13th board meeting to cancel planned service cuts, fare increases, and layoffs for 2005.
I am grateful to RTA Chairman Jim Reilly, the RTA board, and state lawmakers for their commitment to increase investment in public transportation. Transit is so critical to our economy and the quality of life of people throughout the entire region.
The RTA board action also provided additional RTA funds for Pace, highlighting the need for increased investment across the region. I will continue to work with my fellow RTA Board members, Governor Blagojevich, legislators, and regional leaders on a permanent transit funding solution so that we can keep the Chicagoland region moving.
I am grateful to RTA Chairman Jim Reilly, the RTA board, and state lawmakers for their commitment to increase investment in public transportation. Transit is so critical to our economy and the quality of life of people throughout the entire region.
The RTA board action also provided additional RTA funds for Pace, highlighting the need for increased investment across the region. I will continue to work with my fellow RTA Board members, Governor Blagojevich, legislators, and regional leaders on a permanent transit funding solution so that we can keep the Chicagoland region moving.
posted by Carole Brown | 6/23/2005 02:05:00 PM
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