Massachusetts Experience with Hard and Soft Receiverships

Last week Pioneer Institute called for the MBTA to be placed in “soft receivership,” or what is often called a finance control board. The purposes of this policy brief are to consider Massachusetts’ experience with two recent receiverships, and to provide useful background for the new special commission established by Governor Charlie Baker to analyze the causes of the current situation at the MBTA and the reforms and governance changes needed to improve it.

Download Report: Massachusetts Experience with Hard and Soft Receiverships