How Chicago, New York and Seattle are funding transit project amid tough times

Notes from the American Public Transportation Association's TransForm conference in Chicago.

1 minute read

October 14, 2026, 9:00 AM PDT

By Christine McLaren


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Sound Transit aims to double track miles by 2052. | Joe A. Kunzler

Three major transit leaders took the stage at the American Public Transportation Association's TransForm conference in Chicago last week to talk about how they're surviving and growing amid revenue shortfalls. 

Thomas McKone, Chicago Transit Authority's chief financial officer and treasurer discussed how they secured $1.5 billion from state legislature to stave off a fiscal cliff and invest in transit-oriented development. MTA chief financial officer Jai Patel gave the inside scoop on the successes of New York's congestion charging program, and Victoria Baecher Wassmer, deputy CEO for finance and business administration at Sound Transit discussed how they'll double track miles by 2052. Smart Cities Dive has the full scoop. 

Tuesday, October 13, 2026 in Smart Cities Dive

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How Chicago, New York and Seattle are funding transit project amid tough times

Notes from the American Public Transportation Association's TransForm conference in Chicago.

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