MBTA EYEING NEXT FARE INCREASES IN JULY 2019
By Andy Metzger
STATE HOUSE NEWS SERVICE
STATE HOUSE, BOSTON, MARCH 12, 2018.....Relying on increased parking fees, more advertising dollars and some expected legislative relief from an employee-financing law, MBTA officials have scrunched down their projected budget gap to $36.5 million.
That is about two thirds smaller than the roughly $100 million deficit T officials projected last week, and chief administrator Michael Abramo.
The full budget will be sent to the MBTA Advisory Board next week and so far T officials are mum on some of the specific plans that could impact riders' pocketbooks, though it appears fare hikes will not be part of the picture for the budget year that starts this July 1.
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