25 min listen
Civic Federation Raises Red Flag On Future Solvency of State Transit Agencies
Civic Federation Raises Red Flag On Future Solvency of State Transit Agencies
ratings:
Length:
11 minutes
Released:
May 15, 2024
Format:
Podcast episode
Description
The watchdog group is out with a 62 page analysis of the state’s proposed FY20205 budget. It notes that Governor Pritzker’s $800 million in tax changes will help close the state’s budget deficit, but that any more could overwhelm taxpayers. If left unchecked, the report says the CTA, PACE and Metra face an over $700 million deficit as soon as 2026. Reset learns more about the impact this could have on Chicago area transit riders from Joe Ferguson, president of the Civic Federation.
For a full archive of Reset interviews, head over to wbez.org/reset.
For a full archive of Reset interviews, head over to wbez.org/reset.
Released:
May 15, 2024
Format:
Podcast episode
Titles in the series (100)
Minority-Owned Small Businesses Can’t Get Capital Needed To Grow: Small business loans are not being dished out at past rates in minority and low-income areas across Chicagoland and across Illinois. That’s according to a new study from Chicago’s Woodstock Institute. The lack of investment from banks essentially leaves by Reset with Sasha-Ann Simons