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RTA Updates Revenue Estimates as Economy Continues to Falter
Agency approves 12 percent budget cut for internal operations
Chicago – The Regional Transportation Authority (RTA) Board of Directors approved today the reduction of revenue estimates downward by $61 million and will begin working immediately with the CTA, Metra and Pace to identify solutions to address the revenue shortfall resulting from the current economic crisis. The RTA will also seek approval to reduce its own internal operating budget of $36.7 million by 12 percent, totaling approximately $4.5 million. Compared to 2008 levels, the RTA’s overall budget has been reduced by 18 percent.
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Update on Federal Economic Stimulus Funds
The Chicago Transit Authority (CTA), Metra and Pace have moved forward to get projects going with the $414 million committed through the American Recovery and Reinvestment Act, also known as the economic stimulus program. These funds will help reduce a significant backlog of maintenance projects while creating jobs, reducing our dependence on foreign oil and helping to improve air quality.
CTA
Metra
Pace
RTA Commends U.S. House Transportation and Infrastructure Committee’s Blueprint
Statement From:
Steve Schlickman, RTA Executive Director
The Regional Transportation Authority (RTA) is very pleased that the bipartisan leadership of the U.S. House Transportation and Infrastructure Committee, led by Chairman James Oberstar (D-MN), wants to ensure that federal funding addresses critical maintenance needs of the nation’s largest and oldest rail systems such as ours in northeastern Illinois.
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RTA Applauds General Assembly For Passing Capital Plan
CHICAGO – The Regional Transportation Authority (RTA) today applauded the Illinois General Assembly for approving a capital plan that will address the most pressing maintenance needs of the regional transit system. With only one major state capital plan approved in the past 20 years (Illinois FIRST, 1999), the region’s system has confronted numerous challenges, including outdated vehicles and equipment, deteriorating rail ties and tracks, and aging stations, resulting in slow zones and service reliability issues.
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RTA Unveils New Online Trip Planner
The Regional Transportation Authority (RTA) will promote its new multi-modal online trip planner called “goroo”, at this weekend’s 5th annual Chicago Green Festival at Navy Pier. Unlike other online trip planning tools, goroo is designed to provide the residents of northeastern Illinois with side-by-side comparisons of trip itineraries using transit, driving, walking, biking or a combination of these options.
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Fact Sheet
Background
Performance Measures “2007 Report Card”
The RTA has developed its first-time Performance Measures “2007 Report Card” that was produced with input from the CTA, Metra and Pace. The Report Card is part of our performance management system as a tool to manage performance and progress of the transit system. The Report aggregates data from each transit agency to assess how they are collectively meeting their missions and thus the transit needs in our region.
2007 Report Card
RTA Still Seeks Input on Capital Program Development Process
The RTA is still seeking input for the Capital Program Development Process. Also, comments may be e-mailed to cprogram@rtachicago.org through June 19 before the RTA Board is asked to approve the capital program development process on June 25.
Capital Process
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