Chicago’s Pace Bus finalizes 2013 budget

Posted on November 15, 2012

The Pace board of directors formally adopted the agency's 2013 budget at its November meeting following 13 regional public hearings and several presentations to county boards and other bodies. The budget is balanced without fare increases or service reductions.

"We're grateful to the many people who provided feedback on our budget and operations through our public input process," said Pace Chairman Richard Kwasneski. "We strive to be as inclusive as possible and believe as a result of this process that our budget is fiscally responsible and responds to the needs of our stakeholders."

The Suburban Services operating budget totals nearly $207.8 million and includes funding for some planned expansion of service on I-90, I-55 Bus on Shoulders service, and restructuring of service in the Waukegan and Aurora areas. A $27 surcharge will be imposed on vanpool riders if their van originates or terminates in Indiana to cover the cost of tolls on Indiana tollways and the Skyway effective January 1. Pace is exempt from paying tolls on in-service vehicles — which includes vanpools — within Illinois, however this exemption does not extend to Indiana or the Skyway. Impacted vanpools have the option of returning their Pace-provided toll transponder to avoid the surcharge.

The budgeted regional ADA paratransit expenses total just less than $148.8 million for 2013 and allows for ridership growth of 5.9%. Pace continues its work to implement a regional coordinated dispatch system and other measures that will continue to maximize efficiency and reduce per-trip costs.

Pace's 2013 capital program totals $109.2 million and features the purchase of new buses, suburban paratransit vehicles and vanpool vans. Other highlights include investment in improving passenger facilities and the Ventra fare system that goes online in 2013 in collaboration with Chicago Transit Authority (CTA).

The final Pace budget will be submitted to the Chicago Regional Transportation Authority (RTA) for review and approval by the RTA board of directors in the regional budget, along with the budgets of CTA and Metra. The RTA board is scheduled to approve the regional budget in December to complete the annual budget process.

View comments or post a comment on this story. (0 Comments)

More News

Fla.'s JTA sets launch date for new BRT service

The 9.4 mile Green Line on the North Corridor will feature direct, high-frequency service; 18 branded stations; complimentary Wi-Fi, a Park-n-Ride lot, and real-time bus arrival information.

Canadian bus service to block Internet streaming

Some customers have reported slow internet service, while others couldn't connect at al, due to Internet streaming issues.

Nova Bus names new east coast regional sales manager

Prior to joinging Nova, John Manzi served as eastern regional transit sales manager for a major transmission manufacturer.

Shuttle, circulator routes drawing thousands of riders in Miami

These services carried more than eight million passengers last year in 27 municipalities and are praised by riders and public officials alike as successful transit programs.

Calif.'s VVTA unveils Google trip planner update, web app

VVTA staff coordinated with the county and cities to maintain route and stop accuracy throughout the release cycle. Meeting the needs of the many departments at each agency added to the complexity of the project.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment



Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close