Metra proposing $1.1B operating budget including changes to fare structure
CHICAGO (CBS) -- Metra is proposing a $1.1 billion operating budget for next year which includes major changes to its fare structure.
The rail agency wants to nix 10-ride passes and reduce fare zones from 10 to four.
Metra is also seeking to end promotional $6 and $10-day passes and the $100 monthly pass introduced during the pandemic.
The $1.1 billion budget is nearly 5% higher than the year before.
About $574 million of that will go to construction and repairs.
It comes as Metra's ridership levels are still less than half of what they were pre-pandemic. Public hearings on the budget will be held next month.
Metra today unveiled a $1.1 billion operating budget for 2024 that includes a major revision to its fare structure and a new mix of fare products. View the news release here: https://t.co/miaruhLgNv pic.twitter.com/0iF2m5nCcS
— Metra (@Metra) October 11, 2023