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A group tasked with making recommendations about the future of public transit is weighing changes to fares, sales taxes and the very concept of maintaining the CTA, Metra and Pace as separate ...
In 2004, the CTA, projecting a $55 million funding shortfall in its 2005 budget, called for a "long term funding solution," involving a change to the sales tax distribution formula in the RTA Act. [20] In response, the Illinois General Assembly appropriated $54 million to cover the cost of CTA's paratransit service for 2005. [21]
Pace is the suburban bus and regional paratransit division of the Regional Transportation Authority serving the Chicago metropolitan area. It was created in 1983 by the RTA Act, which established the formula that provides funding to the CTA , Metra , and Pace.
The Chicago Transit Authority (CTA) is the operator of mass transit in Chicago, Illinois, United States, and some of its suburbs, including the trains of the Chicago "L" and CTA bus service. In 2023, the system had a ridership of 279,146,200, or about 993,700 per weekday as of the third quarter of 2024.
The contract was structured such that Chicago Transit Authority (CTA) was able to implement the system with no upfront costs. [9] The new fare system is viewed to be the backbone for the universal fare system the Illinois General Assembly mandated by 2015 for the CTA, Metra, and Pace, according to CTA President Forrest Claypool. [10]
The Chicago Card and the Chicago Card Plus were contactless smart cards used by riders of the Chicago Transit Authority (CTA) and Pace to electronically pay for bus and train fares in the city of Chicago, Illinois, USA and the surrounding suburbs. On June 1, 2014, CTA and Pace stopped accepting these cards as part of a transition to Ventra. [1]
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