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Old 11-17-2023, 02:23 PM
 
16,317 posts, read 8,150,917 times
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24.5 Billion to fix

https://www.wcvb.com/article/mbta-sp...plans/45862824

I guess helping migrants is more of a priority.
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Old 11-17-2023, 03:46 PM
 
31,897 posts, read 26,945,953 times
Reputation: 24800
It's actually same old story that plagued NY's MTA and other urban mass transit systems. Post WWII and certainly from 1970's onward for various reasons state and local governments seriously disinvested in mass transit. This includes and especially rail service both urban and commuter which often were largely often inherited or taken over from private companies.

NY's MTA began digging out NYC subway and commuter rail staring in 1980's or 1990's by borrowing huge sums of money (bonds). That has come back to bite them in the behind as servicing debt consumes huge and growing part of MTA's budget.

All eyes are now on NYC's congestion pricing plan, something borrowed from London, UK to bring in needed revenue for MTA. MA/Boston may well have to do down that route or something similar.

Farebox recovery alone won't raise anywhere near $25 billion, a sum likely to be vastly higher accounting for inflation when all is said and done. Even addition of more or raising taxes get MBTA there either unless done creatively. That is following old French saying about taxes; "the art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing".

https://www.nbcboston.com/news/local...ystem/3193239/

There are pots of federal money floating about. Biden's infrastructure bill contains huge sums for rail and mass transit. Much of it is or has been doled out to Amtrak, New York and New Jersey, but there's still more to go around.
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Old 11-21-2023, 08:57 AM
 
Location: Bergen County, New Jersey
12,159 posts, read 7,989,874 times
Reputation: 10123
Quote:
Originally Posted by BugsyPal View Post
It's actually same old story that plagued NY's MTA and other urban mass transit systems. Post WWII and certainly from 1970's onward for various reasons state and local governments seriously disinvested in mass transit. This includes and especially rail service both urban and commuter which often were largely often inherited or taken over from private companies.

NY's MTA began digging out NYC subway and commuter rail staring in 1980's or 1990's by borrowing huge sums of money (bonds). That has come back to bite them in the behind as servicing debt consumes huge and growing part of MTA's budget.

All eyes are now on NYC's congestion pricing plan, something borrowed from London, UK to bring in needed revenue for MTA. MA/Boston may well have to do down that route or something similar.

Farebox recovery alone won't raise anywhere near $25 billion, a sum likely to be vastly higher accounting for inflation when all is said and done. Even addition of more or raising taxes get MBTA there either unless done creatively. That is following old French saying about taxes; "the art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing".

https://www.nbcboston.com/news/local...ystem/3193239/

There are pots of federal money floating about. Biden's infrastructure bill contains huge sums for rail and mass transit. Much of it is or has been doled out to Amtrak, New York and New Jersey, but there's still more to go around.
Definitely need it more in NY/NJ than MA
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Old 01-25-2024, 04:39 PM
 
5,094 posts, read 2,658,571 times
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This should be interesting. I'm curious to see how it's implemented.


https://www.cbsnews.com/boston/news/...massachusetts/
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Old 01-26-2024, 12:05 AM
 
23,571 posts, read 18,678,020 times
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Quote:
Originally Posted by bostongymjunkie View Post
This should be interesting. I'm curious to see how it's implemented.


https://www.cbsnews.com/boston/news/...massachusetts/

Yeah I posted this in another thread. Not sure how this will help with the $24 billion in deferred maintenance.
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Old 02-07-2024, 08:22 AM
 
16,317 posts, read 8,150,917 times
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Is this a good use of 8 million dollars? To keep 3 bus routes FREE for the next 2 years?

https://www.wcvb.com/article/boston-...-free/46664163
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Old 02-07-2024, 08:27 AM
 
Location: Bergen County, New Jersey
12,159 posts, read 7,989,874 times
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Originally Posted by msRB311 View Post
Is this a good use of 8 million dollars? To keep 3 bus routes FREE for the next 2 years?

https://www.wcvb.com/article/boston-...-free/46664163
yes. absolutely. Its what most other cities are doing. Glad Boston is starting to act like a real city with PT
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Old 02-07-2024, 08:30 AM
 
16,317 posts, read 8,150,917 times
Reputation: 11343
Default re

Quote:
Originally Posted by masssachoicetts View Post
yes. absolutely. Its what most other cities are doing. Glad Boston is starting to act like a real city with PT
most other cities don't have the awful public transit problems that Boston has.
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Old 02-07-2024, 08:41 AM
 
3,207 posts, read 2,116,611 times
Reputation: 3449
Quote:
Originally Posted by msRB311 View Post
most other cities don't have the awful public transit problems that Boston has.
Most other cities don't have public transit
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