CTA head Ron Huberman and other local transit officials faced the City Council today and faced criticism on potential fare hikes and the debacle that is the Block 37 project. On the subject of a fare increase, Huberman said:

Ultra-low diesel, which is what we use on our buses, has increased 80 percent. Next year, we will be spending $50 million more for the same quantity of fuel than we spent the prior year. Electrical costs are coming in over 25 percent higher than they were the prior year. That means that we will be spending $7 million more just for electricity,” Huberman said. more ›