Transit agencies look to the state for help making up projected $730 million budget gap

Officials with the state’s largest transit agencies met with lawmakers on Tuesday to sound the alarm for what Regional Transportation Authority Executive Director Leanne Redden called a "looming operational crisis." "By 2026, the region will face an annual budget deficit of nearly $730 million per year," Redden told lawmakers. "That’s nearly 20 percent of our operating revenue." The Regional Transportation Authority, or RTA, is the oversight organization for the Chicago Transit Authority, the Metra commuter rail system and the Pace suburban bus system.

Feeds,State,Region: AH,Region: Suburbs

via > Illinois News

March 15, 2023 at 06:04PM

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