MBTA, highway system face vast budget deficits
Budget analysis examines only operational costs
Just months after the MBTA raised fares, the T faces a $130 million deficit for the next budget year, according to an analysis released Monday by a regional think tank. But that daunting financial gap is eclipsed by a $240 million shortfall to operate the highway system, the study concluded. And the budget analysis, conducted by Northeastern University, does not include money to address a vast and growing backlog of repair and replacement needs.