Fare Increase Considered by CTA

Budget hole hounds transit officials

Wednesday, Jul 22, 2009  |  Updated 2:26 PM CDT
View Comments (
)
|
Email
|
Print
Fare Increase Considered by CTA

Fares on the CTA could jump as the agency continues to struggle with serious budget problems.

advertisement

Lower tax revenues have dropped the CTA down another budget hole, which could prompt more fare increases and service cuts down the line.

The Chicago Sun-Times reported Wednesday that CTA officials have warned of an $87 million funding shortfall for 2008 and $155 million for 2009.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
Get Our Weather App
Stay ahead of the storm with the NBC... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out