chicagobusiness.com - 256 views
Crain's Greg Hinz reports that Governor Patrick Quinn, the RTA, Chicago Transit Authority, PACE & METRA officials have worked out a deal to avert fare hikes & service cuts by shifting capital funding to CTA pay day-to-day bills. Doesn't this leave the CTA living off credit cards, Windy Citizens?
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Comments
Deferred maintenance has proven very costly for the Chicago Transit Authority.
The American Recovery & Re-investment Act capital funding demonstrates what should have been the norm, not the exception. Commuters see examples of the labor expense of track maintenance every time their CTA train slows to pass a work crew.
Transit industry experts recognize that the CTA signal modernization program, just now being completed by Divane Electric in the Chicago Loop, will help to remove many of the bottlenecks as CTA trains converge in the Chicago Loop.
Will CTA passengers tolerate cuts to rail, bus & para-transit service during the inclement weather months leading up to the February, 2010 Primary Election?
CTA seems to stand for Chronic Trouble Axis.
Axis of Taxes, Disaffected?
Not really. Taxes are the symptom. I think the CTA has improved their on-time rate considerably from the seventies, but they have not found a way to stay solvent, which is kind of important for most business entities.
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