Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
Very few people have been commuting to work since Illinois’ stay-at-home order began at the end of March, which could mean tax and fare troubles are ahead for Chicago’s mass transit.
Senate Bill 3604 would limit government workers’ ability to collect extravagant severance packages, also known as “golden parachutes,” on their way out of office.
Costs for Metra's administrative workers, including managers, lawyers, accountants and IT specialists went up 54 percent over the last five years.
The increase comes after last year’s hike, which cost yearlong commuters an extra $141 annually for their monthly passes. Metra officials have not ruled out further fare hikes or service cuts.
Blaming Illinois state budget cuts, Metra considers raising fares in 2018, despite previous fare schedule.
Metra officials say they’ve reduced the cost of the lobbyist firms’ contracts by bringing down monthly retainer costs by 15 percent.
With House Speaker Mike Madigan’s longevity comes a patronage army paid with public dollars.
Metra’s plans to raise fares go into effect February, hurting commuters and failing to raise enough for stated capital needs.
Metra CEO Don Orseno is set to receive a pay increase a month after Metra’s fare hike.
The commuter train service’s board approved rate hikes for the third time in as many years, making it costlier to get to and from Chicago.