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Chicago Transit’s budget proposal continues modernization, holds fares steady

October 28, 2019

The Chicago Transit Authority (CTA) proposed a balanced $1.57 billion operating budget that continues the agency’s unprecedented efforts to modernize its infrastructure and improve the CTA travel experience for customers across the city — while holding the line on fares and maintaining service levels.

The CTA’s proposed $5.1 billion five-year capital budget for 2020 to 2024 continues more than $8 billion of historic transit investment completed, begun, or announced since 2011. Those projects include rehabilitating rail stations and building new ones, continued expansion of the public art program, modernizing rail and bus fleets, removing rail slow zones, and adding new technologies — work that improves reliability, reduces commuting times, strengthens safety and security, and improves the overall commuting experience.

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