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CTA budget crisis eased by $74M from Metra, Pace
['Paris Schutz']
Latest News | FOX 32
The Brief The RTA board voted unanimously to transfer $74 million from Metra and Pace to the CTA, delaying fare hikes and service cuts for at least a year.
Officials said suburban service will not be affected, while advocates criticized the move for shifting the burden onto vulnerable riders.
What we know:The Regional Transportation Authority board, which oversees the CTA, Metra and Pace, voted unanimously to transfer about $74 million from Metra and Pace to the CTA.
Officials said the move will not affect suburban service and will buy the CTA another year before a looming budget crisis.
Officials expect the $74 million transfer to be reimbursed once that funding materializes.
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