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Regional transit overhaul redirects fuel sales-tax, cuts farebox target and creates new oversight body
Summary
At a Public Transportation Advisory Committee meeting, RTA and Pace representatives summarized a recently passed state law that redirects motor‑fuel sales‑tax revenue to transit, creates a new regional oversight body (referred to in meeting materials as NEDA/NITA), lowers the regional farebox recovery requirement from 50% to 25% and provides new capital and operating revenue streams.
At a Public Transportation Advisory Committee meeting, RTA and Pace representatives summarized major provisions of recently passed state legislation that participants said will create a new oversight body for regional transit, shift significant funding to transit operations and reduce long-standing constraints on service expansion.
Kate Peterson, an RTA representative, told the committee the law requires the RTA to transition into a new oversight structure referred to during the meeting as NEDA (also read as NITA in some materials) and said new board members would be appointed within 120 days. "RTA will become NITA, n I t a, and the new board members will be appointed within 120 days," Peterson said during the meeting.
Committee members highlighted three funding changes they said will matter locally: 1) the state is directing the sales tax on motor-fuel purchases to transit (meeting materials cited an estimated $860 million annually, with roughly 85% to Northeast Illinois and 15% downstate); 2) interest on the state road fund would be made available for…
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