Contact

RTA seeking public comment, to hold virtual hearing on 2022 proposed budget

November 19, 2021

2022 Budget Connections hero 1110x545

Over the next month, the RTA is seeking public comment and will hold a virtual public hearing on the 2022 Proposed Operating Budget, Two-Year Financial Plan, and Five-Year Capital Program. 

The RTA seeks comments on the proposed budget from Friday, November 19 through Wednesday, December 15, 2021. To submit a public comment, email communications@rtachicago.org. Please include “2022 Budget” in the subject line of your email. Comments can also be received via U.S. mail to 175 W. Jackson Blvd, Suite 1550 Chicago, IL 60604, or by phone at (312) 913-3200. 

The RTA will hold a virtual public hearing via Zoom from 5:00 p.m. to 7:00 p.m. on Wednesday, December 1, 2021. The public hearing will be open-house style, meaning attendees can join or leave at any time. RTA leadership will give a short presentation on the 2022 Proposed Operating Budget, Two-Year Financial Plan, and Five-Year Capital Program at the beginning of the event with the remainder of the time devoted to hearing from the public 

The RTA encourages public participation at its meetings and only asks that speakers limit their comments to the subject of the budget and respect a time limit of ten minutes per speaker. Click to join the virtual public hearing.   

Following the public comment period, the RTA Board of Directors will vote on adoption of the budget at its regular meeting at 9:00 a.m. on Thursday, December 16. 

The 2022 proposed operating budget  totals $3.4 billion, a 4.6% increase from the pre-COVID plan for 2022. CTA, Metra, and Pace have proposed operating budgets that bring transit service closer to pre-pandemic levels. While sales tax performance has rebounded strongly, fare revenue remains depressed due to the slow return of riders. 

The budget assumes 2022 ridership around half of 2019 levels, but federal relief will continue to sustain transit operations in northeastern Illinois. The RTA has allocated nearly $3.4 billion to CTA, Metra, and Pace over the past two years from the federal CARES Act, CRRSAA, and American Rescue Plan (ARP) Act.  

No fare increases are contained in the proposed budgets, and price reductions on select passes as well as new pass options have been introduced to encourage riders to return to the transit system.    

The proposed five-year capital program totals $5.261 billion, which is 17.1% less than the 2021-2025 Capital Program because Rebuild Illinois bond funds were programmed and granted to the Service Boards in 2020 and 2021. A new performance-based programming method adopted this year requires each Service Board to program at least 20% of funding to projects that either achieve full accessibility or improve equity, beginning in 2025. The accessibility and equity projects are detailed in the budget book.   

The new federal funds from the recently signed Infrastructure Investment and Jobs Act are not yet included in the five-year capital program.  

Subscribe to our Newsletter

* indicates required
Type your email address here
What emails would you like to receive from the RTA
Tagged in: Budget

Related Articles

A young woman in a green sweater looks at her smartphone on a Metra train. The RTA launched a new website. Explore it now.

Today, the RTA launched a new website featuring a refreshed brand for the agency representative of a forward-looking vision for the region’s transit system. ...

November 14, 2022
10 14 22 Labor Blog Banner 1 Chicagoland agencies ramp up hiring efforts amid nationwide transit workforce shortage

Like many other industries, transit nationwide has been impacted by a tight job market. According to a new report from the American Public Transportation Ass...

October 18, 2022
Infastructure Blog 1 1 Climate and equity themes from federal infrastructure law will be reflected in RTA strategic plan

With Illinois slated to receive at least $4 billion in federal funds for public transit over the next five years from the Bipartisan Infrastructure Law, elec...

September 29, 2022
Access to Transit Blog 1110x545 1 RTA selects projects for Access to Transit program, bringing bike and pedestrian improvements throughout the region

The RTA has selected ten projects for its Access to the Transit program, which provides funding to municipalities to complete engineering and construction fo...

August 18, 2022
08 18 22 Strategic Plan Working Group Blog 1110x545 1 RTA Strategic Plan Stakeholder Working Groups conclude, discuss priority recommendations for 2023 Agenda for Advocacy and Action

After months of working together to develop recommended goals, strategies, and performance measures, the RTA Strategic Plan Stakeholder Working Groups have c...

August 18, 2022
Robbins Park 1110x545 2 Robbins Park groundbreaking signals start of flood mitigation, development opportunities for the community

The Village of Robbins, with support from partners around the region, is beginning a project that will revitalize the economy, mitigate major flooding issues...

August 12, 2022
RTA
CTA
Metra
Pace
Copyright © 2022 Regional Transportation Authority. All Rights Reserved.