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Thread: How long until the next CTA Doomsday?
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Old Jan 10, 2008 | 6:07 pm
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ILuvParis
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Originally Posted by nigelloring
Do you have the details of this, please? What's the new sales tax gonna be, and how much of the extra revenue is going to the CTA?

Thanks.


The legislation would increase the sales tax by a quarter of a percentage point in Cook County and a half percentage point in the five collar counties, which could use the extra money for transportation or public safety. The bill would also give Chicago the power to raise the city's real-estate transfer tax, a requirement under the deal that was first put together last summer.

http://www.chicagotribune.com/news/l...i_tab01_layout

So, I think it all goes to RTA/CTA
Last edited by ILuvParis; Jan 10, 2008 at 6:16 pm
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