Busjack Posted July 18 Author Report Share Posted July 18 Tribune column: to the effect that the fiscal cliff is not quite as bad, because the state extended the sales tax on out-of-state purchases to include local sales taxes, including those for the RTA. No wonder "your chief financial officer" reports that sales tax receipts exceed budget. Update: Rich Miller column with more elaboration. 1 Quote Link to comment Share on other sites More sharing options...
Busjack Posted August 16 Author Report Share Posted August 16 Fran Spielman column: "Mass transit bailout a sure thing during Springfield fall veto session, [Kam Buckner] says." He's throwing in a surcharge for major entertainment events, basically saying that if you take CTA to Lollapalooza, you may as well pay for it. 1 1 Quote Link to comment Share on other sites More sharing options...
Busjack Posted September 12 Author Report Share Posted September 12 Evanston Now says Pace told the RTA that it has enough unspent Covid funds that it won't have to cut bus service in 2026. Apparently not so with CTA. 1 Quote Link to comment Share on other sites More sharing options...
Sam92 Posted September 19 Report Share Posted September 19 https://www.cbsnews.com/chicago/news/cta-warning-24-hour-service-eliminated-budget-shortfall-springfield-funding/ A first hint at what CTA is considering IF the cuts happen. No owl service and service would be 6a-9p. Also I gotta find the link to this but partially related.... CTA is being told the acting president has 14 days to come up with a plan to deter crime and fare evasion or funding will be withheld so we might see some bumping heads slightly. Quote Link to comment Share on other sites More sharing options...
Sam92 Posted September 19 Report Share Posted September 19 https://www.google.com/amp/s/www.cbsnews.com/amp/chicago/news/transportation-secretary-sean-duffy-cta-funding-safety/ The story about the threat to withhold funds.... Quote Link to comment Share on other sites More sharing options...
Busjack Posted September 19 Author Report Share Posted September 19 1 hour ago, Sam92 said: https://www.google.com/amp/s/www.cbsnews.com/amp/chicago/news/transportation-secretary-sean-duffy-cta-funding-safety/ The story about the threat to withhold funds.... This isn't the fiscal cliff, but this administration's basic approach to governing through threats in unofficial media that it usually can't enforce. But a lot of the local fiscal cliff talk, including this is going to be another Philadelphia, appears to be crying "Wolf." For the first time in over 20 years (back to when Pace sued RTA and the only holding was that it was not suing itself), RTA is actually exercising some fiscal control, including telling Pace to charge $3.25 or $3.50 for RAP and TAP, raising fares generally by 25 cents, and moving other funds around, as reflected in Wednesday's Board video. There was some yap about "suburban" should be loaning the money, which is nonsensical in light of pending consolidation bills (which I will discuss in that topic). Also, at that meeting, it was said that Pace won't have to cut in 2026, essentially because it used Covid money instead of local money in 2025, and the local money is still there. At least the local Evanston media said about the same for Metra, saying that the fiscal cliff is put off until at least 4th Q 2026, We haven't heard from CTA. but rarely do. Quote Link to comment Share on other sites More sharing options...
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