CTA Proposes Three Operating Budgets for FY26
The Chicago Transit Authority (CTA) has proposed three operating budgets for fiscal year 2026, all of which include a fare increase on the CTA system for the first time since 2018.
The budget scenarios are designed to maintain, build on, or reverse the successes achieved in 2025, with each scenario calling for a modest fare increase to provide additional revenue due to potential funding scenarios.
“This is a unique and unprecedented budget season for our agency,” said CTA Acting President Nora Leerhsen. “Like transit agencies across the country, CTA has a significant funding need, and we are planning for multiple scenarios for next year.
The fare increase is requested by the Regional Transportation Authority (RTA) to address a looming financial cliff.
- Three budget scenarios proposed for FY26
- Modest fare increase included in each scenario
- Funding need due to potential financial cliff
Author's summary: CTA proposes budgets with fare increase due to financial cliff.
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