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Emanuel to increase ride-hailing fees, give extra money raised to CTA.

Byline: Chicago Sun-Times

Emanuel to increase ride-hailing fees, give extra money raised to CTA

Mayor Rahm Emanuel appears to be headed for his most tranquil budget season after City Hall on Tuesday lifted the veil on the last bit of mystery surrounding his $10 billion spending plan: an increase in ride-hailing fees to bankroll CTA improvements.

Under the mayors plan, the 52-cent fee already tacked on to every ride on Uber and Lyft will rise to 67-cents next year and 72-cents in 2019.

The money$16 million the first year and $21 million the secondwill be funneled to the CTA to help bankroll unspecified improvements that, Emanuel maintained, will strengthen Chicagos bid for Amazons second North American headquarters.

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Publication:Daily Herald (Arlington Heights, IL)
Date:Oct 22, 2017
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