“…In a presentation on Thursday, the agency’s advisory board called the budget ‘well conceived’ and ‘organized’ but recommended that the T reduce consultant costs, communicate deficit risks, and initiate a dialogue on reforming the current funding model ‘with a sustainable long-term approach.’
Last month, board members approved a five-year capital budget, which is different than the operational budget, for construction projects. It leaves more than $12.4 billion in needs without funding, including hundreds of projects considered critical to future service goals.
The capital budget — described as a “nuts and bolts document” by the advisory board — directs the bulk of the investments to critical repairs and service improvements, such as buying new train cars. The T has said it needs at least $25 billion to repair and replace decrepit stations, trains, signals, and other assets…”
By Shannon Larson | 6/12/25