Congestion pricing, increased highway tolls and higher vehicle excise taxes are among the possible ways the Boston Region Metropolitan Planning Organization…
Congestion pricing, increased highway tolls and higher vehicle excise taxes are among the possible ways the Boston Region Metropolitan Planning Organization suggested could generate funding for the TIf and when lawmakers call the MBTA to talk about new funding options, officials at the agency, which has faced service and financial troubles, will have some ideas already in hand.
But the step of soliciting a menu of options in place or under consideration at peer agencies -- all of which would require action by the Legislature to implement -- appears to be a shift. It was an unusually public step for the MBTA, where top officials have been more willing lately to speak up about the big-picture financial debate after long preferring not to make waves on Beacon Hill.
MBTA General Manager & CEO Phillip Eng joins @Issue to talk about his plans to make the embattled agency safer and more reliable for riders and the T's plans to upgrade its CharlieCards system. Follow NBC10 Boston on... Instagram: instagram.com/nbc10boston TikTok: tiktok.com/@nbc10boston Facebook: facebook.com/NBC10Boston X: twitter.com/NBC10BostonIncreasing the existing 2.5 percent motor vehicle excise tax by another 0.
And congestion pricing -- a controversial but potentially impactful idea that New York Gov. Kathy Hochul moved to halt weeks before it was set to take effect in Manhattan -- could produce $220 million to $440 million annually, with some portion of that available for the T, according to the Boston Region MPO.
The tone of that panel's work also appears to have shifted after Transportation Secretary Monica Tibbits-Nutt set off a political maelstrom with candid remarks about investigating a wide range of tax and fee options, including highway tolls at the state's borders. Beacon Hill is set to increase state budget funding for the MBTA in the fiscal year that starts July 1, but even with the added support, T officials expect operating expenses will outpace available revenues by hundreds of millions of dollars in the subsequent year.
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