How a sales tax law change delayed Chicago transit’s fiscal cliff – The Bond Buyer

The new law has boosted RTA's sales tax collections by $10 million per month, or $120 million for the year. The 30% state match of the increased sales tax collections is likely to add another $36 million of available funding, for a total of $156 million.
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The Railroader
10 months ago

Oh dear, Jennifer Shea. How you carry the water for the political animals on the RTA dole. Just one thing, there is no fiscal cliff. There never was. This is egregious mismanagement turned taxpayer extortion. How clever the ploy. The Autopen-in-chief sent gobs of confiscated Federal taxpayer funds under the guise of ‘Coof Relief’ or ‘Reducing Inflation’ to the political animals infesting the RTA. Despite a 45% reduction in ridership, the RTA political animals padded the payrolls and spent all of these temporary funds every year since 2020. Meanwhile, ridership fails to materialize. Those temporary funds have now lived up… Read more »

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