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Train Fare Hike

Metra approves fare increase
Metra's board Friday unanimously approved a fare hike averaging nearly 11 percent starting in February, but not without a note of dissent over the size of the increase. That challenge was withdrawn, however, when Chairman Martin Oberman directed ...
 Chicago Tribune1 week ago
Metra to borrow for the first time as fare increase looms
Metra is expected to approve a fare hike and budget plan Friday that will mark the first time in the agency's 30-year history that it will borrow money. The proposal includes a nearly 11 percent fare increase, and part of that revenue will be used ...
 Chicago Tribune1 week ago
Metra holds final round of hearings today on 11 percent fare hike
Metra will hold a final round of hearings Thursday on a proposal to raise fares by nearly 11 percent next year, part of a capital plan that could see fares increase by 68 percent over the next decade to modernize the agency's aging fleet. The ...
 Chicago Tribune2 weeks ago
Why Metra needs a fare hike
Metra recently announced a long-range plan to upgrade our locomotives and cars and pay for the Positive Train Control safety system, a plan that relies in part on issuing $400 million in bonds that will be covered by higher fares over the next ...
 Chicago Tribune4 weeks ago
New trains? That's not where your Metra fare hike will go
Let's set the record straight right up front: That 10.8 percent fare increase Metra wants for next year is not about buying new trains. Only $2.4 million of the $27.3 million the fare hike would generate next year would go toward the purchase of ...
 Chicago Tribune1 month ago
Metra outlines $2.4 billion modernization program, 2015 budget plan
Metra yesterday unveiled a $2.4 billion modernization plan and outlined its proposed 2015 budget that includes a 10.8 percent fare increase. The fare hike across all fare types will help fund the modernization plan, which calls for replacing ...
 Progressive Rail Roading1 month ago

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