Board members also voted 10 to 4 to maintain PSTA’s 0.7500 capped tax rate, approving a final budget that preserves 95% of PSTA’s bus routes, as well as its mobility options that assist disabled residents.
The VIA Board of Trustees unanimously adopted a $390.8 million consolidated FY2024 budget that supports improvements to bus and van service.
The budget also recommends a 10-cent fare increase on single cash and PRESTO rides.
The approved spending plan advances the CTA’s “Meeting the Moment: Transforming CTA’s Post-Pandemic Future” Action Plan, a multifaceted investment plan that focuses on responding to customers’ concerns.
The approved 2023 budget contains several fare policy changes that make it less expensive to ride Pace and more seamless to transfer to and from CTA and Metra services.
The $2.24-billion operating budgets for both conventional and Wheel-Trans services will fund restoration of service to 100% of pre-pandemic levels on the conventional network with some room for new and enhanced TTC programs.
Using State and Federal COVID relief funding, GRTC has been fareless to ride Local Bus, Pulse (Bus Rapid Transit), Express Bus, and CARE/Paratransit vans since March 19, 2020.
The budget does not include a fare increase for FY 2021.
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