CTA funding plan for $3.6 billon Red Line extension uses almost $1 billion in property taxes

To extend the Red Line to 130th Street, the CTA hopes to land a $2.16 billion federal grant and must come up with $1.44 billion to match it. To do that, it plans to raise $950 million through a special tax district for transit projects.

14 comments

Best
ClockwiseSuicide
ClockwiseSuicide
572 · 4 months ago · Reddit

Personally, I’m perfectly fine with my taxes going toward public infrastructure.

deepinthecoats
deepinthecoats
285 · 4 months ago · Reddit

It’s really telling to me that any article about public transportation expansion in the US always leads with the cost, and yet that’s rarely brought up as the main issue when headlines about highway expansions/​improvements are on the table. Tells you all you need to know about transportation priorities in this country.

jhoratio
jhoratio
204 · 4 months ago · Reddit

They’re always going on and on about how much these things cost as if $3.6 billion is even a lot of money. Comparatively speaking it is nothing. Just build the thing. Circle line too.

SidarCombo
SidarCombo
158 · 4 months ago · Reddit

Public funds being used for public good. As it should be.

karydia42
karydia42
89 · 4 months ago · Reddit

This needed to happen like 40 years ago, the sooner it happens the better. It’s an investment in the future.

stellamystar
stellamystar
41 · 4 months ago · Reddit

How many decades can they talk about this before actually building it? This should have been in 20 years ago along with the circle line and maybe another N/​S subway (Western Ave?). Right now we should be working in infilling the west side green line stations and building BRT or maybe even subways on outer N/​S streets like Pulaski, and Cicero. These are the kinds of things that peer cities in Europe are doing.

Where the hell are all the taxes we pay going? I know this is a "car city" according to Lori, but the roads aren't even that nice.

SweetCatastrophy
SweetCatastrophy
36 · 4 months ago · Reddit

I’m fine with this. The far south side is desperately lacking transit

CompetitiveCard9
CompetitiveCard9
25 · 4 months ago · Reddit

I’m giving this project a 99% chance of being over budget and an even higher chance of not being finished on time.

YourFriendLoke
YourFriendLoke
23 · 4 months ago · Reddit

Although I'm extremely happy to see CTA finally getting an extension, I am also a bit skeptical about whether the cost makes this worth it. This extension is going to cost roughly $434 million per track mile, however, Metra has claimed they could get the ME running every 15 minutes for $27 million per track mile. My personal opinion is that the city should have cooperated with Metra more to get the ME running every 15 minutes, and instead invested in a green line extension from Ashland/​63rd to MDW, however I'm in no position to accurately calculate the cost of a red line extension vs a green line extension.

milktankslover
milktankslover
12 · 4 months ago · Reddit

The infrastructure needs an upgrade and an update. At least the taxes are being used for something useful

mouthbreathing_idiot
mouthbreathing_idiot
9 · 4 months ago · Reddit

Has anybody costed how much it would be to build an elevated line down the full length of Western? That might bring greater utility at lower cost.

ImoJenny
ImoJenny
7 · 4 months ago · Reddit

Yes, good I like that. More of that please and thank you.

North_South_Side
North_South_Side
5 · 4 months ago · Reddit

WTF else should property taxes be used for?

This is good news.

gigachadrex
gigachadrex
5 · 4 months ago · Reddit

Downtown Ald. Brian Hopkins (2nd) said an “under-the-radar” change in the state TIF statute approved by the General Assembly in 2021 paved the way for a transit TIF that would “import money from one end and spend it in the other” — and “that’s exactly what’s happening” here.

“The money for this project will be generated between Madison and Pershing... and it will all be spent at 130th. That wouldn’t have been allowed previously,” Hopkins said.

Why not have the transit TIF cover the area that would benefit from the red line extension, and avoid any robbing Peter to pay Paul scenarios?