Chicago's Plan to Fix Public Transport Without New Taxes

Chicago has unveiled a new strategy to maintain smooth operations of its public transport system. The plan leverages existing revenue streams rather than imposing additional taxes on residents.

Key Points of the Plan

• Expected Annual Revenue: Approximately $1.5 billion
• Primary Sources:
• Sales tax on fuel
• Interest from the Road Fund (typically allocated for road projects)
• Small increase in sales tax for certain counties
• Slightly higher tolls for drivers

Opposition and Concerns

• Lawmakers from outside Chicago argue that the plan does not fairly distribute benefits.
• They fear that diverting funds from the Road Fund will leave less money for road repairs.
• They also express disappointment over the lack of additional funding for public transport in their regions.

Support from Workers' Unions

• Unions generally oppose diverting funds from the Road Fund but support this plan.
• They recognize the importance of stable funding for transit agency employees.

Next Steps

The plan is gaining momentum and is likely to be approved soon.