The Regional Transportation Authority (RTA) Board of Directors adopted the 2020-2024 capital program and 2020 annual operating budgets for the RTA and for the Chicago Transit Authority (CTA), Metra, and Pace Suburban Bus and ADA Paratransit, referred to as the Service Boards.  The capital program of $2.1 billion in 2020 and $8.3 billion over five years includes significant new funding from Rebuild Illinois, which was passed in June 2019 as the largest-ever State of Illinois capital program.  See https://www.rtachicago.org/finance-management/operating-capital for details. Boosted by this infusion of state funds, the 2020-2024 program provides the regional transit system with $2.6 billion over five years in new bonding authority and, for the first time, an estimated $227 million annually in sustainable revenue, referred to as “PAYGO” funding. To ensure transparency, the RTA will release the new regional programming process for comment in July 2020.  Following that 45-day public review, the programming process will be considered for adoption by the RTA Board at its September 2020 meeting.