Chicago's CTA Board Delays Promise of Transit Bill Windfall as Fare Hike Talk Fades Away.
The Chicago Transit Authority (CTA) has finalized its 2026 budget without a fare increase, marking the end of a potential fare hike. The decision comes after the Regional Transportation Authority (RTA) withdrew its requirement for a 10% fare hike across CTA, Metra, and Pace last week. This move was made possible by the state legislature's recent approval of a $1.5 billion transit bailout.
However, this reprieve may not be sustained as the agency faces a significant loss in revenue - nearly $30 million next year without the proposed 25 cent fare hike for bus and train tickets. The lost funds will be offset by an additional $141 million from the upcoming state transit bill, which Governor JB Pritzker is expected to sign soon.
Despite this influx of new money, the CTA's approved 2026 budget does not account for a chunk of the expected $300 million in additional state funding needed to support projects such as expanded Orange Line service and bus improvements. The RTA anticipates allocating these funds later this year, with the possibility of amended budgets from transit agencies in early 2026.
This has raised concerns among board members about the public's perception of when these promised improvements will materialize. Chairman Lester L. Barclay acknowledged that while the agency had a "wish list" for projects, actual implementation would be subject to RTA approval and planning timelines.
While the CTA CFO Tom McKone couldn't provide specific dates for service expansions, he emphasized the importance of timely planning and scheduling. "It takes a while to schedule," he said, indicating that the board would need to wait until an amended budget is proposed before making any concrete plans for expanded services.
The lack of clear timelines has sparked questions about when exactly the CTA will see its promised windfall from the state transit bill, which could potentially bring improved service and projects on line later this year or early next.
The Chicago Transit Authority (CTA) has finalized its 2026 budget without a fare increase, marking the end of a potential fare hike. The decision comes after the Regional Transportation Authority (RTA) withdrew its requirement for a 10% fare hike across CTA, Metra, and Pace last week. This move was made possible by the state legislature's recent approval of a $1.5 billion transit bailout.
However, this reprieve may not be sustained as the agency faces a significant loss in revenue - nearly $30 million next year without the proposed 25 cent fare hike for bus and train tickets. The lost funds will be offset by an additional $141 million from the upcoming state transit bill, which Governor JB Pritzker is expected to sign soon.
Despite this influx of new money, the CTA's approved 2026 budget does not account for a chunk of the expected $300 million in additional state funding needed to support projects such as expanded Orange Line service and bus improvements. The RTA anticipates allocating these funds later this year, with the possibility of amended budgets from transit agencies in early 2026.
This has raised concerns among board members about the public's perception of when these promised improvements will materialize. Chairman Lester L. Barclay acknowledged that while the agency had a "wish list" for projects, actual implementation would be subject to RTA approval and planning timelines.
While the CTA CFO Tom McKone couldn't provide specific dates for service expansions, he emphasized the importance of timely planning and scheduling. "It takes a while to schedule," he said, indicating that the board would need to wait until an amended budget is proposed before making any concrete plans for expanded services.
The lack of clear timelines has sparked questions about when exactly the CTA will see its promised windfall from the state transit bill, which could potentially bring improved service and projects on line later this year or early next.