Regional Transportation Authority warns of fiscal cliff, asks for more power over transit The agency said the Chicago Transit Authority, Metra, and Pace suburban buses will face a $770 million budget deficit and potentially drastic service cuts next year. ...
the largest bus services in North America, Pace covers 3,677 square miles, an area nearly the size of the state of Connecticut and about 15 times the size of the City of Chicago. Pace's innovative approach to public transportation gives the agency a national reputation as an industry leader...
Transportation Authority board voted Thursday to set aside $4 million that was meant for improvement initiatives and grant a $4 million loan to Pace if needed.The RTA, which oversees Pace, the CTA and Metra, is funded largely through sales taxes in Chicago and the collar counties in addition...
All three agencies and the RTA are meeting jointly to continue discussions on fully compatible ticketing options. The CTA is working with Cubic Transportation, who was awarded a contract last November to begin design and implementation of an open standards fare system. Most, recently Pace was added...