CTA Proposes First Fare Hike in Seven Years
The Chicago Transit Authority's 2026 budget includes a 25-cent fare hike on bus and rail, marking the first increase since 2018.
The proposed budget has $2.23 billion in spending, up $130 million from 2025, despite facing a $112 million deficit.
- Fare hikes will be implemented to address significant shortfalls.
- Ridership is still 30% below pre-pandemic levels, with 2025 expected to hit 321 million, or 70% of the pre-pandemic level.
Illinois' comeback story starts here.
Author's summary: CTA proposes fare hike amidst budget deficit.
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