CHICAGO (WLS) -- Metra will not raise fares in 2020, the transportation agency announced Wednesday.
This is the second year in a row Metra has not raised their fares. The agency said it identified about $5 million in efficiencies and also expects to save $7 million by not filling vacancies and about $9 million by reducing overtime and other expenses.
The $21 million saved is expected to offset a $26 million increase in operating expenses, including about $7 million in new operating expenses associated with Positive Train Control, or PTC. The safety system is federally mandated.
Metra expects their overall operating budget to increase by $5 million in 2020, from $822 million to $827 million. The difference will be covered by higher revenues from the regional transportation sales tax, so a fare increase is unnecessary.
The agency also said that thanks to the new state capital program, it will budget $2.6 billion for capital improvements over the next five years. The improvements will prioritize railcars, locomotives, and stations, including ADA improvements, as well as bridges and service improvements.
No Metra fare increase in 2020
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