A bus on LaSalle street with the Chicago Board of Trade in the background

Finance & budget

This page contains information about CTA's finances and budget.

On this page:

See also
For latest available financial reports/statements presented before the Chicago Transit Board's Finance, Audit & Budget Committee meetings, see Board Presentations
 

Latest budget recommendations

2020 Budget Recommendations

2020 Budget Book CoverThe CTA has proposed a balanced $1.57 billion operating budget for FY-2020 that continues unprecedented efforts to modernize infrastructure and improve the travel experience for customers across the city—while holding the line on fares and maintaining service levels. The proposed $5.1 billion five-year capital budget for 2020-2024 includes, for the first time in a decade, a significant funding commitment with the passage of the State of Illinois’ Rebuild Illinois capital bill in June 2019. Highlights of this proposed capital improvement plan include: 

  • $78 million in funding for the All Stations Accessibility Program (ASAP), CTA’s comprehensive plan to make all rail stations 100 percent vertically accessible. 
  • More than $300 million commitment to the Red Line Extension project.
  • Cottage Grove Green Line station overhaul ($60 million)
  • Blue Line O’Hare Branch traction power improvements ($50 million)
  • Blue Line O’Hare branch station upgrades, downtown to O’Hare ($31.5 million)

The President's 2020 Budget Recommendations book provides an overview of the proposed 2020 operating and capital budget. Key initiatives are highlighted in an easy-to-read manner with accompanying charts and graphs.

In addition, historical and reference data is presented in a detailed appendix section.

PDF2020 Budget Recommendations
PDF2020 Budget Recommendations (accessible text version)

 

 

Past budget recommendations

 

Financial statements

 

Pension Obligation Bond Sale Report

PDFPension Obligation Bond Sale Report (text version)

 

IRMA representation notice

PDFIndependent Registered Municipal Advisor ("IRMA") Representation Notice, eff. May 8, 2017

 

Official statements for CTA bonds

 

Miscellaneous reference

PDF CTA Debt Policy
The Debt Management Policy serves as a management tool to enable the Chicago Transit Authority to identify transactions that utilize debt in the most efficient manner and provide for full and timely repayment of all borrowings. It establishes guidelines for the appropriate amount and type of debt as a means of achieving the lowest possible cost of capital within prudent risk parameters and ensuring ongoing access to the capital markets. And it also addresses the method of bond sale and the selection of bond professionals.

PDF CTA Investment Policy

 

Presentations

PDF 2016 Chicago Investors Conference presentation (8/3/2016)

2019 Budget BookThe President's 2019 Budget Recommendations book provides an overview of the proposed 2019 operating and capital budget. Key initiatives are highlighted in an easy-to-read manner with accompanying charts and graphs.

In addition, historical and reference data is presented in a detailed appendix section.

PDF2019 Budget Recommendations
PDF2019 Budget Recommendations accessible text version

System status snapshot
‘L’ route status
Red Line
Normal Service
Blue Line
Normal Service
Green Line
Normal Service
Orange Line
Normal Service
Pink Line
Normal Service
Yellow Line
Normal Service
Bus routes w/alerts
Elevator alerts