A report released in September by the Massachusetts Taxpayers Foundation concluded the MBTA faces a growing future budget shortfall, due to the sluggish recovery in ridership and resulting lost fare revenue. It found the MBTA might face a budget gap of between $200 million and $400 million in…

According to Boston.com, a report released in September by the Massachusetts Taxpayers Foundation suggested the MBTA faces a growing future budget shortfall, due to the sluggish recovery in ridership and lost fare revenue. According to the report, the MBTA might need to address a budget gap of…

But those lingering concerns, or the Massachusetts Taxpayers Foundation’s warning about the T facing a “fiscal calamity,” may have been on the mind of Transportation Secretary Jamey Tesler, who said in his opening remarks that the new board begins its work at “a challenging time.”

Keeping the transit system funded is another top concern among advocates. The Massachusetts Taxpayers Foundation recently reported that the MBTA’s operating and capital shortfalls coming in fiscal year 2024 will require $1.25 billion in new funding annually.

The Massachusetts Taxpayers Foundation reported recently that the MBTA could face a deficit as high as $400 million in its yearly budget that begins in 2023 and a $13 billion shortfall for core infrastructure improvements it plans to make over the next decade.

A Massachusetts Taxpayers Foundation report published in September cautioned that the MBTA could face “fiscal calamity” in several years if the agency does not substantially overhaul its finances or if lawmakers do not decide to steer more dollars toward public transit.

Senate President Karen Spilka this week stomped all over the idea of raising taxes or fees to generate more money for the MBTA: “So I’m not certain that there’s a need for even more money. I have not heard that from a single person,” she said, choosing to look past what groups like TransitMatters…

The Massachusetts Taxpayers Foundation recently released a report that found the T would need $1.25 billion in new annual revenue to meet its capital and operating needs in the coming years.

Tuesday's derailment is the latest in a series of problems on the T, from an escalator malfunction this weekend to a collision in July to another derailment in March that caused all new Orange and Red line train cars to be pulled from service. Meanwhile, a recent report from the Massachusetts…

The Massachusetts Taxpayers Foundation warned earlier this month the T could be facing a “fiscal calamity” that would require $1.25 billion in new annual revenue just to meet operating and capital needs. That does not include $2 billion in federal stimulus funds already paid out to the agency…