As biz leaders, we value public transit. But before we pay more, we need this.
Published originally in Crain's Chicago Business on Thursday, February 20, 2025.By Mark Denzler, Derek Douglas, Joe Ferguson, Rob…
Published originally in Crain's Chicago Business on Thursday, February 20, 2025.By Mark Denzler, Derek Douglas, Joe Ferguson, Rob…
The Civic Federation today released a position paper calling on the Illinois General Assembly to pursue foundational structural reform of Northeastern Illinois’ mass transit systems—…
This blog post presents an overview of the Chicago Transit Authority (CTA) FY2024 operating budget. The CTA’s fiscal year is January 1…
How should Illinois pay for public transit? This was one of the key questions posed at a recent policy forum on the topic of public transportation in the…
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…
Illinois enacted a $48.7 billion multi-year FY2022 capital budget in June 2021. Unlike the State’s annual General Funds budget, which is intended to cover only the cost of operations for the current fiscal year, capital appropriations are…