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Metro CFO presents $515M capital program, pilots battery train sets and pledges no 2026 fare increase
Summary
Metro (agency CFO John Morris) told Will County leaders the agency expects stronger sales tax revenue, a $515 million capital program this year and a five‑year $2.1 billion plan to buy rolling stock and rehabilitate bridges; Metro will pilot battery‑powered train sets and is not planning a fare increase in 2026.
John Morris, Metro’s chief financial officer, briefed the Will County Committee of the Whole on Metro’s 2026 operating and capital outlook, stressing that new state funding and stronger sales tax returns reduce near‑term financial pressure.
“So far this year, we're getting about 10% more in sales taxes than we had been provided by the RTA in estimates,” Morris said, and he told the board Metro expects to balance…
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