CHICAGO (AP) - Chicago’s transit agencies have announced budget plans for
next year that include promises of no fare increases or service cuts.
The board of the suburban commuter rail agency Metra approved its proposal
Friday. The operating budget of more than $728 million is a nearly 2 percent
increase over 2013.
The agency says that reflects increased costs of labor and benefits as well
as maintenance and equipment inspections.
The Chicago Transit Authority on Friday released a proposed budget of about
$1.4 billion that will maintain current fares while continuing investment in
modernizing the rail system.
The suburban bus service Pace released a budget on Tuesday that also avoids
Pace said it anticipates investing $3.4 million in service expansion and new
initiatives after finishing this year under budget.