Chicago Transit Authority

The Regional Transportation Authority Board rejected on Wednesday a resolution stating that the Chicago Transit Authority is “not substantially in accordance” with its 2013 budget.

Anthony Anderson, an RTA Board member representing Chicago, took issue with CTA getting formally rebuked by its parent agency as not being in “substantial” accordance.

“Substantial? I’m not even sure how that’s defined,” Anderson stated. “To say they are not in accordance, I just struggle big time with that.”

The Chicago Transit Authority is $10 million short so far this year in its revenues meeting expenses, but CTA President Forrest Claypool said on Wednesday that there are “multiple options the next five months to close” the gap, and claimed that the shortfall is “just seven-tenths of one percent” of the overall operating budget.