Aug 12, 2026BoardMeeting
BoardChicago Transit Board Committee Meeting
The meeting focused on the finance report for June, covering revenue performance, expense management, and commodity hedging strategies. The committee discussed fare evasion, including current trends in unpaid rides and the implementation of mitigation strategies such as station hardening and an upcoming low-income fare program. Additionally, the committee reviewed an ordinance to amend a contract with CRRC for the procurement of 7000 series rail cars, settling outstanding claims and revising the delivery schedule.