Posted inState House News Service, Transportation

Once again, MBTA maps out growing budget deficits

STATE HOUSE NEWS SERVICE THE MBTA HAS sketched out a growing deficit within its transit system that would balloon to $427 million in four years, as expenses far outpace growth in ridership and revenue. News of the looming budget deficits arrived two years after the Democrat-controlled Legislature attempted to finance transportation through a 3-cent gas […]

Posted inState House News Service, Transportation

MBTA’s ‘good repair’ cost rises to $7.3b

STATE HOUSE NEWS SERVICE THE COST OF BRINGING the MBTA’s trains, stations, tracks and other assets into good working condition has only grown larger with closer scrutiny, rising to $7.3 billion, according to a presentation on Monday. That is $651 million larger than the $6.7 billion state-of-good-repair backlog Transportation Secretary Stephanie Pollack reported last winter. […]

Posted inState House News Service, Transportation

T control board may hire Green Line consultant

THE MBTA FISCAL AND MANAGEMENT CONTROL BOARD’S lack of confidence in the transit agency’s ability to build the Green Line Extension to Somerville and West Medford plunged to new lows Tuesday as the board members signaled their interest in possibly recruiting an outside firm to analyze the current cost overruns and develop new project management […]

Posted inOpinion, Transportation

Getting smart about transportation spending

MAKING DECISIONS ABOUT transportation spending is a little like shopping for dinner at the supermarket. Chances are that you considered a number of factors before you got to the checkout counter. You consulted nutrition labels and compared prices. You planned around your family’s individual preferences and health needs and considered how foods would pair up. […]

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