CTA Agrees To Hold Off Fare Hikes, But Cuts Still Likely
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...
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...
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...
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....
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...
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...
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....
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...
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...
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...
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...
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. ...
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...
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...
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...
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....
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. ...
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...
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 $...
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 $...
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...
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 ...
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...
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 ...
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...
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...
Chicago Tribune | Posted 11.11.2009 | Chicago