MBTA 2013 Budget Set, But What About 2014?
The plan approved by the MBTA last week only covers the budget for fiscal 2013, meaning the agency will likely have another budget deficit next year.
With the 23 percent fare increase plan approved by the MBTA last week, the T is set for the coming year, but next year could be a problem. That is, unless legislators can help close the gap.
Lawmakers are currently looking at a plan that would divert $51 million to the MBTA, coming out of vehicle inspection fees. The Boston Globe, however, reports that some of that money could go to other transit authorities around the Commonwealth.
“Because the money was generated from everywhere around the state, I think there’s a strong case that this fund should go to all transit authorities,’’ said Mattapoisett Democrat William Straus, in the Globe.
A few speakers at the Brookline selectmen-hosted MBTA meeting earlier this year made similar comments.
"All of the proposals here would balance for exactly 1 year," MBTA Advisory Board Budget Analyst and Town Meeting Member Brian Kane said recently. "If enacted, the next round of public meetings for more changes begin in January 2013."
The MBTA budget plan apprved last week imposes a 23 percent fare increase and significantly smaller cuts than originally proposed at the beginning of the year. The two original plans included both service cuts and fare hikes, and through a series of public meetings throughout the MBTA's service area, were met with a lot of opposition.