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MBTA Budget To Cut 1,200 Jobs
The group that has final say over the Massachusetts Bay Transportation Authority's finances is cutting $160 million out of the T's 2010 budget. It presents its final report Thursday morning.
The MBTA Advisory Board is slashing the T's operating budget by almost $30 million and cutting wages by more than $130 million, which effectively eliminates 1,200 of the T's 6,000 jobs.
When the MBTA presented its first-draft budget in March, it included an anticipated $160 million dollar deficit.
T officials had hoped a proposed gas tax increase would bail out the MBTA, but that didn't happen.
In an unusually blunt report Thursday, the advisory board says it would gladly authorize a supplemental budget if legislators provide the T with a fresh revenue stream by the time the budget goes into effect on July 1.
This program aired on May 28, 2009. The audio for this program is not available.