BandA wrote:Fares should increase at the rate that the MBTA's costs increase, which is at least 5% a year.http://commonwealthmagazine.org/transpo ... -expenses/" onclick="window.open(this.href);return false;
TOP MBTA OFFICIALS are forecasting that operating expenses at the transit authority will grow by less than 1 percent this fiscal year, the lowest rate of increase in at least 15 years.A lot depends on how you define 'costs.' Are 'costs' operating expenses? Debt service? Pension costs?
Operating expenses at the T have been increasing 5 percent a year on average over the last 15 years, but officials say they expect to hold the line this fiscal year, with either no increase or only a minor increase.
"Twitter Dave"
Engineering Manager, MBTA
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MBTA schedule archive: http://www.dbperry.net/MBTA/
Engineering Manager, MBTA
MY POSTS HERE ARE UNOFFICIAL and are my own personal opinion. My posts are not official MBTA policy or communications.
https://twitter.com/FramWorMBTA
http://FramWorMBTA.weebly.com/
MBTA schedule archive: http://www.dbperry.net/MBTA/