MBTA Requires $24.5 Billion for System Repairs and Updates
Financial Needs Far Exceed Available Funding, with No Plan Yet for State Funding of Improvements
- The Massachusetts Bay Transportation Authority (MBTA) needs $24.5 billion to repair and update its system, according to a recent analysis.
- The heavy rail system will be the most expensive to fix at $9.9 billion, followed by the Commuter Rail system at about $8 billion, and the light rail system at $4.7 billion.
- The MBTA's subway track is in the most dire need of repair, with 89 percent not in a state of good repair.
- The MBTA's financial needs far exceed its available funding, with its operating budget projected to be short as much as $139 million in fiscal year 2025, and as much as $475 million the following year.
- The MBTA has not yet provided a plan for how the state will fund the improvements.