Thursday, May 14, 2015

CTA looks to bridge $28M Rauner budget gap | abc7chicago.com

 

(WLS) --

The CTA is looking for ways to bridge a budget gap - one that board members fear will be at least $28 million in state funding cuts.
"Based on what Gov. Rauner has done, the full $28 million will disappear," said outgoing CTA President Forrest Claypool.

Claypool says that money represents the reduced and free-ride subsidy the governor wants to end.
At Wednesday's board meeting, the agency discussed contingency plans to try and absorb the expected cuts without having to raise fares.

CTA looks to bridge $28M Rauner budget gap | abc7chicago.com

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