CHICAGO — The Chicago Sun Times reports that for the eighth straight year, the Chicago Transit Authority will not raise fares or cut service, according to the agency’s 2017 budget.
Long-term deals on fuel and increased non-fare revenue have helped CTA cope with reduced funding from the state and a decline in ridership, which fell to just under 500 million in 2016, a 3.2% drop from last year and the lowest ridership in six years.
CTA’s 2017 budget anticipates ridership will fall about 1% percent again, which follows national trends for transit agencies, according to the report. For the full story, click here. For the full story, click here.
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