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Displaying 1-10 of 20
Jun 09, 2022
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Jun 09, 2022
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MBTA, facing grave financial crisis, avoids fiscal cliff for another year using one-time federal funds
Last year, the business-backed Massachusetts Taxpayers Foundation warned of the T’s revenue shortfall in years to come. MTF’s Vice President for Policy and Research Andrew Bagley, who authored the report on T finances, said the T either has to find...
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May 12, 2022
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May 12, 2022
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Baker welcomes federal safety inspection of T
Those investments have not been enough to keep up with the MBTA’s modernization needs, according to previous agency estimates. A September 2021 report from the business-backed Massachusetts Taxpayers Foundation found the MBTA faces a $13 billion...
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Nov 17, 2021
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Nov 17, 2021
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Editorial: Will they ever return? The goal of MBTA ad blitz
A report released in September by the Massachusetts Taxpayers Foundation concluded the MBTA faces a growing future budget shortfall, due to the sluggish recovery in ridership and resulting lost fare revenue. It found the MBTA might face a budget...
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Nov 12, 2021
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Nov 12, 2021
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Editorial: Free ride? That fits new Boston mayor to a T
According to Boston.com, a report released in September by the Massachusetts Taxpayers Foundation suggested the MBTA faces a growing future budget shortfall, due to the sluggish recovery in ridership and lost fare revenue. According to the report,...
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Oct 27, 2021
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Oct 27, 2021
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Sustainable funding on mind of new MBTA board chair
But those lingering concerns, or the Massachusetts Taxpayers Foundation’s warning about the T facing a “fiscal calamity,” may have been on the mind of Transportation Secretary Jamey Tesler, who said in his opening remarks that the new board begins...
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Oct 27, 2021
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Oct 27, 2021
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New MBTA board of directors meets for the first time after series of safety incidents
Keeping the transit system funded is another top concern among advocates. The Massachusetts Taxpayers Foundation recently reported that the MBTA’s operating and capital shortfalls coming in fiscal year 2024 will require $1.25 billion in new funding...
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Oct 21, 2021
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Oct 21, 2021
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Ridership picking up in Attleboro, Mansfield and throughout MBTA system
The Massachusetts Taxpayers Foundation reported recently that the MBTA could face a deficit as high as $400 million in its yearly budget that begins in 2023 and a $13 billion shortfall for core infrastructure improvements it plans to make over the...
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Oct 07, 2021
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Oct 07, 2021
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Baker names slate of MBTA board members
A Massachusetts Taxpayers Foundation report published in September cautioned that the MBTA could face “fiscal calamity” in several years if the agency does not substantially overhaul its finances or if lawmakers do not decide to steer more dollars...
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Oct 03, 2021
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Oct 03, 2021
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Sunday Notebook: MBTA going off the rails
Senate President Karen Spilka this week stomped all over the idea of raising taxes or fees to generate more money for the MBTA: “So I’m not certain that there’s a need for even more money. I have not heard that from a single person,” she said,...
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Sep 30, 2021
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Sep 30, 2021
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Advocates For More T Funding And Oversight Rally On Beacon Hill
The Massachusetts Taxpayers Foundation recently released a report that found the T would need $1.25 billion in new annual revenue to meet its capital and operating needs in the coming years.
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