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Chicago train could be in Big Trouble!

Автор: GREAT TRAINSPEED

Загружено: 2025-05-15

Просмотров: 2266

Описание:

Chicago train CTA could be in Big Trouble!
===
#CTA #chicago #Metra #RTA
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0:00 Intro
00:40 The Looming Financial Crisis
02:11 The Conquesence
03:52 Ridership Trends
06:20 Deteriorating Service Reliability
08:07 Safety and Security Concerns
===
Big thanks to:
Cragin Spring
https://www.flickr.com/photos/chiski/...
CC BY 2.0
===
Chicago train CTA could be in Big Trouble!
With ridership still lagging, a fiscal storm, and tons of trouble on the horizon, Chicago’s iconic ‘L’ is facing one of its biggest challenges yet. But this isn’t just about numbers — it’s about the future of a city and the system that keeps it moving.
In this video, we’ll look at what’s going wrong… and why saving the ‘L’ is more important than ever.
Before we start, don't forget to give us a like and subscribe. We are on the way to achieving 10,000 subscribers and keep this channel growing! Your support can make this dream come true. Thank you.

The Looming Financial Crisis
Chicago train CTA could be in Big Trouble!
The Chicago "L" system is facing a significant financial crisis that threatens its very existence in its current form. Projections for 2026 indicate a substantial budget deficit for the CTA, estimated at $605 million. This shortfall is part of a broader regional transit crisis, with the entire system encompassing the RTA, CTA, Metra, and Pace facing a combined budget deficit of $770 million in 2026. The scale of this financial challenge is underscored by the RTA's advocacy for an additional $1.5 billion in annual operations investment to adequately address the crisis.
Chicago train CTA could be in Big Trouble!
A key factor contributing to this impending financial cliff is the rapid depletion of federal pandemic relief funds. The CTA received a total of $2.2 billion in federal funding to help maintain operations during the pandemic-induced ridership decline. However, by the end of 2025, only an estimated $48 million of these funds will remain. This near exhaustion of temporary financial support highlights the unsustainability of the current funding model. As of the end of 2024, the CTA had $626 million remaining, with projections indicating that $578 million of this would be spent in 2025. This trajectory clearly demonstrates the looming "fiscal cliff" in 2026 when these funds will be largely gone.

Chicago train could be in Big Trouble!

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