(Source: CTS - Chicago Transit Authority) 11/18/2015 Balanced spending plan freezes fares and preserves service levels; capital spending plan continues historic investment in modernization The Chicago Transit Board today approved a balanced $1.475 billion operating budget that-for the fifth year in a row-holds the line on base fares and maintains or improves service, while continuing historic investment to modernize the CTA and improve the customer experience. 'CTA's budget demonstrates that the agency continues to operate in a fiscally sound manner while still making unprecedented investments to modernize and improve bus and rail service,' said Chicago Transit Board Chairman Terry...
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