Bond Sale Dispute Leaves Chicago Agency's Budget Up in Air
- Chicago Area Transit Agencies Fight Over Bonding Powers. Shields, Yvette // Bond Buyer;10/30/2013, Vol. 122 Issue 34004, p1
The article reports that the Regional Transportation Authority (RTA) of Illinois has asked to centralize and expand borrowing powers for Chicago area transit needs as bond issuance by the Chicago Transit Authority (CTA) in Illinois is costly. It informs that RTA board chairman John Gates has...
- Fund avert CTA Crisis--for now. // Crain's Chicago Business;9/17/2007, Vol. 30 Issue 38, p12
The article reports that the board of Regional Transportation Authority in Chicago, Illinois accepted an $82-million advance on 2008 state subsidies to allow the Transit Authority in Chicago, Illinois and Pace to delay service cuts and fare hikes at least until November 4, 2007. Until then,...
- Panel could map new route for RTA. Hinz, Greg; Tita, Bob // Crain's Chicago Business;4/12/2004, Vol. 27 Issue 15, p3
A high-powered gubernatorial advisory panel is about to roll the dice on a proposed remake of the Chicago, Illinois' area's transportation system. But key officials on both sides of the aisle, including Chicago Mayor Richard M. Daley and U.S. House Speaker J. Dennis Hasten, may not be in the...
- Lipinski is right on RTA, but wrong on streetcar. // Crain's Chicago Business;4/12/2004, Vol. 27 Issue 15, p10
U.S. House member William O. Lipinski wants to overhaul the public transportation system of Chicago, Illinois, vesting decision-making power in the until-now-powerless Chicago's Regional Transportation Authority and ending years of bickering between local agencies. Pace, Chicago Transit...
- S&P upgrades Illinois RTA. Shields, Yvette // Bond Buyer;08/02/99, Vol. 329 Issue 30695, p2
Reports that Standard & Poor's raised the Regional Transportation Authority's credit rating to AA in anticipation of the Chicago, Illinois agency's refunding bond sale.
- Metro's budget. // Trains;Feb2009, Vol. 69 Issue 2, p27
The article reports that the board of the railroad company Chicago Metra has approved the 2009 budget that does not include fare increases or service changes. The board is still waiting for the state funding to fulfill its need for new equipment.
- Commuter. // Trains;Jul96, Vol. 56 Issue 7, p23
Reports on Chicago Metra's scheduling of August 19, 1996 date as a startup date for its yet-unnamed service from Chicago, Illinois to Antioch, Illinois.
- Chicago Transit's Return. Shields, Yvette // Bond Buyer;10/11/2000, Vol. 334 Issue 30993, p1
Reports that the Chicago Transit Authority is reviewing letter-of-interest proposals from bond underwriters to raise of portion of 1.8 billion dollar of unfunded capital needs. Repair or replacement of aging tracks, rail cars and buses in Chicago, Illinois; Revenue streams being considered.
- CTA Fare Hikes in Affect. Bayliss, Deborah // Chicago Citizen - South End Edition;1/16/2013, Vol. 45 Issue 50, p6
The article offers information on a 1.39 billion dollars 2013 budget approved by the Chicago Transit Authority which went into effect on January 14, 2013 in Chicago, Illinois.