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The MBTA's Fiscal and Management Control Board met to review mixed reports about the T's finances.
One report indicates the MBTA will come in about $75 million under budget by the end of the current fiscal year. T officials say they'll use the savings to reduce the projected deficit.
On the not so positive side, the MBTA's pension fund long-term liabilities will increase substantially. These reports come out as the board prepares to vote on a proposed fare increase in two weeks, on March 7.
Charles Chieppo, research fellow at the Ash Center for Democratic Governance and Innovation at the Harvard Kennedy School and head of Chieppo Strategies, a public policy writing and advocacy firm.
This segment aired on February 23, 2016.