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(Boston) MBTA: Both service cuts, fare hikes will be needed to close budget gap
Source: Boston Globe
MBTA: Both service cuts, fare hikes will be needed to close budget gap
Posted by Matt Rocheleau March 13, 2012 04:22 PM
By Matt Rocheleau, Town Correspondent
The MBTA said Tuesday that both service cuts and fare increases will be needed to balance its budget for the coming fiscal year.
In a letter to T riders Tuesday, state Transportation Secretary Richard A. Davey and MBTA Acting General Manager Jonathan Davis thanked customers for feedback in a series of public hearings over the proposal that ended Monday night. But they warned that more service cuts or fare increases may be needed one year from now.
“The system we have today we cannot afford and the system we want is well beyond reach,” the letter said. “Unfortunately, without a new dedicated revenue source, we know we will be back in this very place next year."
In early January, the T released two scenarios. Each would raise fees and reduce services at different levels, but aim toward the same goal of filling a $159 million budget gap.
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Posted by Matt Rocheleau March 13, 2012 04:22 PM
By Matt Rocheleau, Town Correspondent
The MBTA said Tuesday that both service cuts and fare increases will be needed to balance its budget for the coming fiscal year.
In a letter to T riders Tuesday, state Transportation Secretary Richard A. Davey and MBTA Acting General Manager Jonathan Davis thanked customers for feedback in a series of public hearings over the proposal that ended Monday night. But they warned that more service cuts or fare increases may be needed one year from now.
“The system we have today we cannot afford and the system we want is well beyond reach,” the letter said. “Unfortunately, without a new dedicated revenue source, we know we will be back in this very place next year."
In early January, the T released two scenarios. Each would raise fees and reduce services at different levels, but aim toward the same goal of filling a $159 million budget gap.
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Read more: http://www.boston.com/yourtown/news/allston_brighton/2012/03/mbta_service_cuts_fare_hikes_w.html