The Metra Board of Directors recently approved the release of the agency’s proposed 2011 budget for public review. The budget includes $634.2 million for operations and a $407.5 million capital program. No fare increase is planned in 2011.
Metra reported that lower than projected ridership and sales tax receipts coupled with higher insurance and maintenance costs will force Metra to transfer $35 million from its 2010 capital program and $25 million from its 2011 capital program to operations for use on preventive maintenance in 2011.A public hearing will be held on Thursday, November 4, 2010 from 4–7 p.m. at the Metra board room, located at 547 W. Jackson Boulevard in Chicago.Other budget hearings will be held on Nov. 3 and Nov. 4 at locations in other counties. A complete list of hearings along with copies of the proposed budget can be found on Metra’s website.
In related Metra news, Union Pacific spokesman Tom Zapler retired from the company in September. He was the main Union Pacific representative at Ravenswood community meetings earlier this year.