TITLE

CTA deficit woes disputed

AUTHOR(S)
Hinz, Greg
PUB. DATE
September 2003
SOURCE
Crain's Chicago Business;9/1/2003, Vol. 26 Issue 35, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Even as it tries to quell a credibility crisis over a sweetened executive pension plan, the Chicago Transit Authority, Illinois appears to be exaggerating the case for hitting riders with a fare hike of as much as 50 cents. Preliminary budget estimates provided by the Chicago Transit Authority (CTA) to the Regional Transportation Authority (RTA) have projected an $88-million shortfall in the CTA's 2004 budget.
ACCESSION #
10875971

 

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