The Civic Federation is pleased to partner with the Federal Reserve Bank of Chicago and the Civic Committee to co-host a transportation forum on Thursday, April 13, 2023: “Public Transit in a Post-COVID World: Building a Financially…
The CTA’s FY2023 budget of $1.8 billion was approved by the Regional Transit Authority Board of Directors on December 15, 2022. This blog presents an overview of that budget as well as data for CTA fiscal plans from FY2019 through 2025.…
The General Assembly has approved and Governor Pritzker has signed an approximately $46.5 billion FY2023 capital budget.Unlike the State’s annual General Funds budget, which is intended to cover only the cost of operations for the current…
This blog post presents an overview of the Chicago Transit Authority’s FY2022 operating budget, including a summary of how federal stimulus funds were used to balance the budget, and an update on its recent $350 million debt issuance.The…
On August 12, 2020 the Chicago Transit Authority (CTA) approved Ordinance 020-070 amending its FY2020 budget to incorporate $690.1 million of the CARES…
The Civic Federation is pleased to announce that Dorval R. Carter, Jr., President of the Chicago Transit Authority, will be the 2019 Motorola Solutions Foundation Excellence in Public Service Award honoree.…
The Chicago Transit Authority (CTA) has historically received a reduced fare reimbursement, or subsidy, from the State of Illinois for providing free and discounted rides to eligible riders including seniors, people with disabilities,…
The Civic Federation is pleased to partner with the Federal Reserve Bank of Chicago to co-host "Unlocking the Box: Best Practices for Financing Illinois' Infrastructure" on Friday, April 5, 2019. SOLD OUT To include your…
