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The boy and a 16-year-old girl were on a raft Monday morning when it flipped over. Chicago Fire Department divers brought the boy to shore after a helicopter spotted him underwater.
Trains resumed service about 4 p.m., Monday, more than four hours after they were stopped in the South Loop due to a track fire.
Ald. Matt Martin (47th) wants to start small, with a public financing program confined to candidates for City Council. That limits the cost to roughly $10 million over four years.
The company, which was purchased by private equity firm Variant Equity Advisors for $270 million in 2019, said bus operations will continue as it undergoes a court-supervised sale of its assets.