Metra is falling further behind budget amid COVID-19 ridership decline. Transit agency now projects $682M in lost revenue. – Chicago Tribune

“CARES funds won’t last forever,” Thomas Farmer, Metra’s chief financial officer, said. “We must adjust costs if ridership doesn’t return soon.” Ridership has plunged to about 10% of its pre-COVID-19 level, as remote working and school remain the norm for many commuters.
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True believer
5 years ago

Metra would do well to get rid of Obama lover ex Illinois chief of staff to crook Edgar Kirk Dillard. Metra is a patronage haven for Chicago dems just like Dillard did when he was responsible for the destruction of Illinois. He gave jobs to Chicago dems and organized crime associates. He’s worthless.

Last edited 5 years ago by True believer

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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