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Cta Budget

CTA Agrees To Hold Off Fare Hikes, But Cuts Still Likely

Chicago Tribune | Posted 11.11.2009 | Chicago


Chicago Transit Authority officials agreed today to not raise fares for two years in return for limited state help that won't be enough to avoid servi...

CTA Layoffs: 2,000 Bus Drivers, CTA Workers Get Pink Slip Warnings

Chicago Sun-Times | KARA SPAK AND FRAN SPIELMAN | Posted 10.20.2009 | Chicago


Layoff notices have been sent to nearly 2,000 CTA bus drivers and other unionized employees, warning that their jobs could be eliminated in the next t...

RTA: End Free Rides For All Seniors

Chicago Breaking News | Posted 10.15.2009 | Chicago


The Regional Transportation Authority today called for state lawmakers to repeal free rides for seniors in light of a serious budget crunch....

Daley: Scrap Free CTA Rides For Seniors To Aid Budget Crunch

Chicago Sun-Times | FRAN SPIELMAN | Posted 10.13.2009 | Chicago


The CTA's plan to cut service dramatically and raise fares as high as $3 for express bus and rapid transit service is "very, very ugly," but so is the...

CTA Fare Hike Won't End Free Rides For Seniors

CBS 2 | Kristyn Hartman | Posted 10.13.2009 | Chicago


Senior citizens are still riding the CTA for free. This, despite more than one thousand threatened CTA lay-offs, service reductions, and dramatic fare...

CTA Union Prepares For Layoffs

Chicago Public Radio | Tony Arnold | Posted 10.13.2009 | Chicago


The head of the union representing many Chicago Transit Authority workers says his members are bracing for layoffs....

CTA Fare Hike: Trains To Be $3 Per Ride, Buses Up 25 Cents

Chicago Tribune | Posted 10.12.2009 | Chicago


The Chicago Transit Authority is proposing to increase bus and train fares under its 2010 budget that will be unveiled today to help close a projected...

New CTA Chairman: Fare Hikes, Service Cuts Possible

Chicago Sun-Times | Fran Spielman | Posted 10.05.2009 | Chicago


Soon-to-be CTA Board Chairman Terry Peterson said today he "can't take anything off the table" -- including the possibility of fare hikes, service cut...

Terry Peterson, Former Housing Authority Chief, To Become CTA Board Chair

Chicago Sun-Times | Fran Spielman | Posted 09.29.2009 | Chicago


Former Chicago Housing Authority chief Terry Peterson, who has emerged as one of Mayor Daley's closest political confidantes, is the mayor's choice to...

CTA Shakeup: Board Chair Carole Brown, Vice Chair Susan Leonis Resign

Chicago Sun-Times | FRAN SPIELMAN | Posted 11.22.2009 | Chicago


CTA Board Chairwoman Carole Brown and her co-hort, Vice Chair Susan Leonis, resigned today, creating a leadership vacuum at the chronically-troubled m...

CTA: No More Service Cuts This Year

Chicago Tribune | Jon Hilkevitch | Posted 08.15.2009 | Chicago


The possibility of CTA service cuts has been taken off the table for this year, transit officials said Wednesday. ...

CTA Funding Cut By $35 Million: 'Everything Is On The Table'

Huffington Post | Posted 07.26.2009 | Chicago


The Chicago Transit Authority will have to make do with $35 million less this year after the Regional Transportation Authority board cut the operating...

CTA Service Cuts Possible

Chicago Tribune | Jon Hilkevitch | Posted 07.24.2009 | Chicago


The Regional Transportation Authority board will be asked on Thursday to approve a new round of cuts totaling $61 million at the CTA, Metra and Pace t...

Cash-Strapped CTA Deferring Bus And Train Maintenance To Save Money

Chicago Tribune | Posted 06.13.2009 | Chicago


The CTA will defer a huge chunk of preventive maintenance work on buses and trains and make other painful cuts to erase a projected $155 million short...

CTA Fare Hikes A Last Resort: Daley

Chicago Public Radio | Mike Rhee | Posted 05.10.2009 | Chicago


Fare hikes on the Chicago Transit Authority appear even less likely after some comments made by Mayor Richard Daley Thursday....

CTA Budget Shortfall Down To $53.7 Million

Chicago Tribune | Jon Hilkevitch | Posted 05.08.2009 | Chicago


Injections of federal and state funding have helped brighten the Chicago Transit Authority's gloomy budget outlook, transit officials said today. ...

CTA's New Budget Fix Would Avoid Fare Hikes And Service Cuts

Crain's Chicago Business | Greg Hinz | Posted 04.26.2009 | Chicago


The Chicago Transit Authority is floating a plan to close a $155-million budget hole without raising fares, cutting service or boosting the size of it...

CTA Says Fare Increases May Be Coming

Crain's Chicago Business | Meghan Streit | Posted 04.11.2009 | Chicago


The Chicago Transit Authority on Wednesday floated budget cuts and fare hikes, among other cost-saving measures, in an attempt to close the agency's $...

CTA Locked In Gas Prices At High Rate 66% Above Market

Chicago Sun-Times | MARY WISNIEWSKI | Posted 04.09.2009 | Chicago


The CTA took a big bet on fuel prices this year, and so far is losing big. The transit agency, facing a budget shortfall of $242 million, is paying $...

CTA Unloading Real Estate In Lincoln Park, Around City And Suburbs

Chicago Tribune | Jon Hilkevitch | Posted 04.02.2009 | Chicago


For commuters looking to buy a home or start a business near a transit line, the Chicago Transit Authority may have just the deal. The CTA is openin...

Legislator Seeks To Limit CTA's Free Rides For Seniors

Associated Press | Posted 03.30.2009 | Chicago


CHICAGO (AP) -- The Illinois Legislature is considering putting restrictions on the free rides on public transportation now being offered seniors. A ...

CTA Facing Massive Deficit, Big Service Cuts Possible

Chicago Sun-Times | MARY WISNIEWSKI | Posted 03.21.2009 | Chicago


The CTA says it's facing another possible doomsday. Officials said today they are looking at a likely $87 million budget shortfall this year and $155...

CTA May Cut Jobs As Budget Tightens

Chi-Town Daily News | ADRIAN G. URIBARRI | Posted 03.20.2009 | Chicago


CTA employees could lose their jobs if the agency's board approves an ordinance Wednesday authorizing workforce reductions. The ordinance is intended ...

CTA Facing Another Budget Crisis: Report

Chicago Tribune | Jon Hilkevitch | Posted 03.19.2009 | Chicago


The sinking economy is driving Chicago-area mass-transit agencies into the ground, according to new data marking a quick return to budget crises. The...

Chicago Transit Authority Asks Congress For Aid

AP | Posted 12.19.2008 | Chicago


The Chicago Transit Authority along with leaders from 10 other transit agencies pleaded with Congress for help Tuesday as long-term financing deals wi...