CTA approves budget without fare increases

Chicago commuters can breathe a sigh of relief.
The Chicago Transit Authority has passed a 2010 budget that doesn’t include fare increases.

Chicago commuters can breathe a sigh of relief. The Chicago Transit Authority has passed a 2010 budget that doesn’t include fare increases. The agency created a stir last month when it proposed raising the basic subway fare 33 percent, from $2.25 to $3.00. That would have given the nation’s second largest transit system among the highest subway fares in the U.S. The CTA’s board gave the OK to the budget Thursday after reaching a $15 million deal with the state to avoid increases for two years. The agreement will free up money earmarked for capital projects that the CTA can then use for operations and avoid fare increases. But the news isn’t all good for commuters. The CTA is still moving ahead with proposed service cuts and more than 1,000 layoffs. Copyright 2009 The Associated Press.

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