New slide:  President’s Report March 10, 2010


New slide: Status of CTA Finances 

 - Focus on revenue generation and strict budget controls
 - $200M in revenue generated since March 2009


Five pictures are presented.  One picture shows a bus with an advertisement on the side at an intersection in the loop.  A second picture shows a machine to pay parking fees.  A third picture shows digital screens showing advertisements at a rail station.  The fourth picture shows an ATM machine in a rail station.  The fifth picture is an advertisement for CTA's Park and Ride Program.


New slide: Status of CTA Finances

 - Monitor external factors beyond our control
 - Federal activity:  potential jobs bill and extension of transportation funding bill
 - State activity:  means test bill to potentially reduce senior free ride program
 - RTA announcement regarding low working cash levels

Two pictures are shown.  The first picture is a map of of the United States next to a picture of the US Capital Building.  The second picture is a map of the State of Illinois next to a picture of the Capital Building in Springfield, IL.   


New slide: 5000 Series Rail Cars

 - Revenue service testing to begin in a few weeks 
 - Several months of testing across the system and in different seasons
 - Cars are similar in appearance, but with many new features
 - Alternating current (AC) propulsion system
 - Regenerative braking
 - Smoother acceleration
 - Aisle-facing seating
 - Electronic signage

Two pictures are presented. A picture of a new 5000 series rail car.  Another picture shows the interior of the new rail cars.  


New slide: Ridership Since February 7, 2009

 - Overall ridership down in the four weeks since the cuts
 - Weekday ridership is down 2.2% 
 - Weekend ridership is up 5.3%

A graphic explains that ridership on the CTA system was down 400,000 rides (1%).  Also shown is that bus ridership was down 1 million rides (4%), while rail ridership was up 600,000 rides (4%).


New slide:  February 2010 Ridership

 - 39.5M rides provided in February
 - Appears that bus customers have migrated to rail service

A graphic explains that ridership on the CTA system was down 500,000 rides (1.3%).  Also shown is that bus ridership was down 900,000 rides (3.8%), while rail ridership was up 400,000 rides (2.7%).


New slide:  President’s Report March 10, 2010