CHICAGO (CBS) — The chairman of the Regional Transportation Authority is floating a proposal he says could save taxpayers as much as $150 million a year.

As WBBM Newsradio’s Pat Cassidy reports, a Chicago Sun-Times report says RTA chairman John Gates is suggesting accomplishing the savings by combining some operations of the Chicago Transit Authority, Metra and Pace – including purchasing, personnel, marketing and maintenance.

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LISTEN: WBBM Newsradio’s Pat Cassidy reports

Currently, the agencies each have their own staff, administrative personnel, and headquarters, the Sun-Times pointed out.

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Also under the plan, the CTA and Pace would consolidate some of their routes. There would also be along with enhanced coordination of fares among the three agencies, including a universal fare card, the Sun-Times reported.

Currently, only the Link Up Pass works for paying fares on all three agencies’ buses and trains, the Sun-Times reported.

Cuts to administrative jobs are also advised.

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The Sun-Times says Gates has outlined his proposals in a memo that will be discussed at the RTA board meeting Wednesday.