Metro
    Next Score View the next score

    Mass. Department of Transportation budget gap

    The agency estimates it needs to increase income by $1.02 billion each year to operate the current system and make needed improvements over the next 10 years.

    FACTORS IN SHORTFALL

    $684 million/year needed to operate existing system

    $284 million needed to stop borrowing to pay for operations

    Advertisement

    $300 million needed to pay MBTA debt and operate system

    Get Fast Forward in your inbox:
    Forget yesterday's news. Get what you need today in this early-morning email.
    Thank you for signing up! Sign up for more newsletters here

    $100 million needed to break borrowing cycle and fund future regional bus operations

    $9.3 billion over 10 years needed to bring existing infrastructure into “good repair.” Would be bond-financed and paid over 25 years.

    $3.8 billion over 10 years needed to expand rail service

    $1.8 billion Boston-New Bedford/Fall River rail

    Advertisement

    $850 million South Station expansion

    $674 million Green Line extension

    $362 million Boston-Springfield rail

    $113.8 million Pittsfield-New York City rail

    $20.8 million Boston-Hyannis

    POSSIBLE REVENUE SOURCES

    Advertisement

    Any of these would raise $1 billion per year or smaller increases in each could be combined

    Gas tax raised from $0.21 to $0.51 per gallon

    Sales tax raised from 6.25% to 7.75%

    State income tax raised from 5.25% to 5.66%

    Vehicle miles traveled tax levied at $0.024/mile

    $175 million could come from assessing higher vehicle title and registration fees based on emissions.

    $140m-$207m could be raised with a payroll tax on workers in regions with transit service.

    SOURCE: MassDOT