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Metra board approves $1.1B operating budget, major fare revision

The Metra Board of Directors on Friday, Nov. 10, approved a $1.1 billion operating budget for 2024 that includes a major revision to the agency’s fare structure and a new mix of fare products. It also approved a $574.9 million capital budget that continues investment in railcars, bridges and stations.

The operating budget is 4.9% higher than the 2023 budget, excluding $65 million in added costs that will be reimbursed by Northern Indiana Commuter Transportation…

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