By: Diane Benjamin
Connect Transit held a Budget Work Session on May 2nd. The documentation shows the massive operating losses will continue. They want to increase advertising revenue, but that will have a minor effect on the loss.
The link above has some budget scenarios based on changing budget conditions. Many of them contain this note without any explanation:
I found this statement interesting – PDF page 29:
Below is the first scenario showing the massive expected losses. Below that is where the funding comes from. Local governments are now up to $1,000,000. The heavily in debt Federal Government and State of Illinois are making this redistribution of wealth possible. Obviously neither have any intention of stopping. Keep in mind – this is happening nationwide.