Lawmakers ‘ready to move’ on transit reform, but funding agreement remains elusive – Capitol News IL

The state covers up to 65 percent of operating expenses for all downstate transit agencies. But because of rising costs and lackluster economic growth in downstate communities that hinder sales tax revenue, funding shortfalls are growing. Combined with slower property tax growth outside the Chicago area, those economic factors make it hard for local governments to cover 35 percent of public transportation costs.
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Deb
10 months ago

Until CTA reorganizes to cut out wasteful spending, fires political hires and stops spending money that they don’t have, CTA shouldn’t get another dime.

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