“Dubbing persistent debt the “original sin” saddling public transportation, a watchdog group called on Beacon Hill to make debt relief a central part of the next MBTA financial rescue plan.
The MBTA Advisory Board, an independent group that represents cities and towns that help fund the T, took a deep dive through the history of public transit in Boston for its latest report about funding woes, reaching as far back as the quasi-public control of the Boston Elevated Railway that began in 1918.
The 66-page analysis highlighted nine public takeaways, including a warning against austerity measures that trim MBTA spending and a declaration that ‘debt is toxic to public transportation’…”
11/18/24 | By Chris Lisinski