Friday, November 14, 2008

CTA approves a reduced fare hike

Well there are some changed to the CTA's plan to raise fares. Of course this was after the news that the plan to vote on next year's CTA budget was pushed back to Thursday. Here's a report on what happened at Thursday's Board Meeting from the AP:
The Chicago Transit Authority's board has approved a 15% fare increase.

The increase that takes effect on Jan. 1 is 5% less than the CTA's president requested.

Chairman Carole Brown says the board stopped short of a 20% increase on Thursday "to provide some relief" to customers.
A common thread in any story about this fare increase is that the Governor is largely to blame for the CTA having to increase fares. That whole senior citizens free rides business and then cutting state money for that from the state budget.

Oh yeah why did the CTA push back the vote on the budget to Thursday anyway? CTA Tattler says:
But the board pushed back the meeting by a day because they were concerned they hadn't met the requirement to post the meeting agenda two days in advance.

The meeting notice had been posted two days in advance at the meeting room as required, but not on the Web site. "Because this is an important vote, the Board did not want to risk proceeding if there was a question as to whether the meeting notice requirements were handled properly," said a CTA spokesperson.

Now that was some smart thinking on the part of the board. But it delays the inevitable by just one day.
Here's more on the fare hike from the CTA via Going Public. I'd rather they kept the 10% bonus on the Chicago Card. Oh and for that CTA file, you will need adobe acrobat.

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