MBTA directors approve $3 billion budget, ponder projected $700 million shortfall

MBTA directors approve  billion budget, ponder projected 0 million shortfall

The T’s Board of Directors, on Tuesday, gave their grudging approval to a fiscal 2025 spending plan that ballooned by 11% — nearly $300 million — over the previous year. The budget, according to its authors, will allow the beleaguered transportation system to spend another year focused on hiring and fixing the many problems it’s … Read more

Senate budget expected to include $250M for transportation fund

Senate budget expected to include 0M for transportation fund

Top Democrats in the Senate are expected to propose a $250 million investment into a transportation fund as part of their fiscal year 2025 budget that will in turn let the state borrow $1.1 billion over the next five years, a source with knowledge of the plan said. Subscribe to continue reading this article. Read … Read more

Massachusetts border tolls idea another way to ‘unnecessarily’ take money, New Hampshire Gov. Chris Sununu says

Massachusetts border tolls idea another way to ‘unnecessarily’ take money, New Hampshire Gov. Chris Sununu says

New Hampshire Gov. Chris Sununu is not taking kindly to the idea of tolling drivers entering Massachusetts at the state border, a proposal that was floated last week by Bay State Transportation Secretary Monica Tibbits-Nutt during an advocacy event. Tibbits-Nutt said a group tasked with developing recommendations for a long-term, sustainable transportation finance plan was … Read more

Millionaire’s tax underwrites transportation and education funding; split knocked

Millionaire’s tax underwrites transportation and education funding; split knocked

Lawmakers from the Joint Committee on Ways and Means seemed surprised to learn from the state’s top transportation officials that they don’t need any more money than they’re set to receive from the governor’s $58.1 billion fiscal 2025 spending plan. The proposed budget includes $3 billion for “all modes by which people and goods travel … Read more