Chicago Transit Authority FY2008 Proposed Budget: Analysis and Recommendations

November 05, 2007

The Civic Federation supports the CTA's proposed $1.0 billion FY2008 budget because it makes the necessary fare and service changes to create a blanced budget for the coming fiscal year. The Federation calls on the General Assembly and Governor to pass SB 572 immediately in order to allow the CTA to institute landmark pension and retiree health care reforms and rein in its skyrocketing employee costs.