Chicago Transit Authority Annual Ride Hailing Fee Report to City Clerk July 1,2019
The Chicago Transit Authority (CTA) submits this Annual Report to the City Clerk pursuant to the Intergovernmental Ground Transportation Tax Agreement between the City and CTA for CTA's use of a ride hailing fee. Effective January 1, 2018, $0.15 was added to the City's Ground Transportation Tax on ride hailing companies with an additional $.05 added on January 1, 2019. The proceeds of this added revenue is dedicated to infrastructure improvements at the Chicago Transit Authority (CTA). The Intergovernmental Agreement provides CTA with $16 million in annual funding to support a $179 million capital program. This report is submitted pursuant to Paragraph 4 of the Intergovernmental Agreement which requires CTA to submit a written report annually to the City Clerk on or before July 1 describing how the CTA used funds in the preceding year. The report shall then be forwarded by the City Clerk to the City Council.
Overview
The $179 million infrastructure improvements funded by the ride hailing fee will be completed over a period of five years (2018-2022). The investments in these programs are focused on two comprehensive programs announced in 2018 that sought to provide an equitable balance of projects to address specific capital needs of the CTA.
Fast Tracks and Safe & Secure
The Fast Tracks program is a $146 million effort by CTA to provide faster, smoother and more reliable service across the CTA rail system. CTA has developed a schedule that includes in-house and contracted work that will be completed between 2018-2022 on the Red, Blue, Brown, Green and Pink Lines. While work will occur on individual lines in specific areas to mitigate existing slow zones, the entire system benefits from all the upgrades, giving riders a better overall experience. Depending on the distance traveled, Fast Tracks improvements could save riders 2 to 6 minutes per trip, reducing overall commuting times and...
Click here for full text