Putting The T On A Clear Path To High Performance

Share on Facebook
Share on Twitter
Share on
LinkedIn
+

Pioneer Institute recently submitted public testimony to the Fiscal and Management Control Board weighing in on the MBTA’s draft Strategic Plan. The Institute commends the Board for its work to date and recognizes that there is still much more work to be done to set the MBTA on a sustainable course to accomplish its mission and attain a far greater degree of financial independence. Pioneer will continue to prod the MBTA toward improvement, but we recognize that an extension of the control board structure and the exemption from the anti-competitive Pacheco Law are critical if progress in the T’s performance is to be advanced with urgency. Our top priorities for the MBTA’s long-term strategy include the following:

  • The MBTA’s over-arching principle for its strategic plan should be to increase ridership. By keeping the goal of increasing ridership at the forefront of all decision-making, the many component parts of the MBTA’s strategy will be more effectively communicated throughout the organization and to the public;
  • While the MBTA has made great strides to improve its finances and core service, Pioneer believes more reforms are needed, including additional competitive contracts and pension reform;
  • The time to talk about additional financial help for the T has come. It is critical to devise a more equitable way of paying down Big Dig-related debt service, which continues to hamper the MBTA’s ability to gain a sound financial footing.  Pioneer believes that the source of this funding should be Massport, a major beneficiary of the Big Dig.

Click the button below to read public testimony submitted by Pioneer Institute Executive Director Jim Stergios to the MBTA’s Fiscal and Management Control Board:

Get Our Fix the T Updates!

Related posts:

Report Calls on FMCB to Seek Legislative Intervention on Projected 18-Year, $1.485 Billion T Pension Shortfall

New evaluation commissioned by MBTA projects T contributions…

Study: Evidence Suggests MBTA Pension Low-Balled Costs And Liabilities

Quarter-century of data shows costs at up to six times valuation…

Putting The T On A Clear Path To High Performance

/
Pioneer Institute recently submitted public testimony to the…

Study Finds MBTA Had Nation’s Highest Bus Maintenance Costs In 2015

Reducing costs to average of the most similar U.S. transit systems…

Public Statement on Nonrenewal of Keolis Commuter Rail Contract

Pioneer Institute welcomes the news that the MBTA will not renew…

Study Calls For Steps Toward Terminating Troubled MBTA Retirement Fund

The MBTA should assess the feasibility of moving its employees out of the Social Security system and transfer investment management responsibility for its pension fund to the commonwealth’s Pension Reserves Investment Management board as initial steps toward terminating the MBTA Retirement Fund

Study Urges New MBTA Strategic Plan to Focus on Attracting More Riders

Increased ridership would boost revenue, reduce congestion and…

MBTA Analysis Offers Data Comparisons between MBTA & Other Transit Agencies Nationwide

Pioneer Institute is unveiling “MBTAanalysis.com,” a web-based data tool that provides year-by-year comparative data and performance ratings for the MBTA and other transit agencies across the country.

The Future of the MBTA

/
Last year the legislature created the MBTA Fiscal and Management…

Study: Expand Use of Transponder Technology to Parking, Other Non-Tolling Services

Report calls for creation of single account to simplify customer…

New Study Reveals MBTA’s Reckless Financial Derivatives

/
Read coverage in The Bond Buyer: "MBTA Lost $236M in 15 Years…

Out-of-Control Administrative Staffing Budget Increases at the MBTA

With talk of fare hikes and ongoing performance problems, Pioneer…

A $49 Million Sweetheart Deal: MBTA Employee Sick Time Perk Enhances Pensions

Listen to the WRKO radio clip of Mary Connaughton interviewed…

Study: Uber, Lyft, Shouldn’t Be Subject to Same Restrictions That Have Harmed Taxis

/
Watch an interview with the author on BNN News: https://youtu.be/-cs9vbkDv5E BOSTON…

Study: “Pacheco Law” Has Cost MBTA At Least $450 Million Since 1997

Report presented to legislative leaders and state budget conferees…

Final, Binding Arbitration Major Obstacle to MBTA Accountability & Performance

Uniquely unaccountable arbitration at MBTA, if unchanged, will…
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *