
The CTA released its proposed 2023 budget Thursday that keeps all services, avoids fare hikes and retains discounted prices on certain passes that were implemented in last year’s budget.
Jeremy Fine, CTA’s chief financial officer, said it was prudent to keep fares the same and avoid any layoffs as the transit agency “continues to evolve from the pandemic,” and the budget also covers “important modernization” efforts while also “investing in workforce.”