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Coronavirus pandemic could cause $560 million in Illinois gas tax revenue losses this year, possibly delaying some road and rail plans: report

Coronavirus pandemic could cause $560 million in Illinois
gas tax revenue losses this year, possibly delaying some road and
rail plans: report 1

The Illinois Department of Transportation has already issued bonds to generate funds for projects in the bill, including about $1.36 billion for transit, according to Regional Transportation Authority executive director Leanne Redden. The RTA, which oversees the budgets for the CTA, Metra and Pace, has applied for grants for about 31 projects, including new rail cars and locomotives for Metra, new rail cars for the CTA and a bus garage for Pace on I-55, Redden said.

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