CHICAGO (WLS) -- Changes could be coming to the public transit system around the Chicagoland area as the CTA, Metra and Pace face a combined $771 million budget shortfall in 2026.

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They are warning of service cuts as high as 40% without new revenue coming from the state.

Part of the change may include limiting CTA bus and rail service lines to only operate between 6 a.m. and 9 p.m.

CTA leaders talked about the importance of the funding in Tuesday's town hall meeting.

"We estimate that the service cuts we would be forced to make would result in 9.1 million hours lost by Chicagoans waiting for less frequent bus and rail service," CTA leaders said.

Roughly one million people ride buses and trains each day.

"It's really a tough det

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