FMCB

Read Pioneer Institute's Open Letter urging policymakers to extend the term of the MBTA’s Fiscal and Management Control Board (FMCB), which is currently scheduled to sunset at the end of June.  The Letter also calls for the Control Board to continue to be made up of transit experts rather than political appointees, and recommends that an independent audit office be created that reports directly to the FMCB.

Even as MBTA ridership and revenue have been gutted by the COVID-19 pandemic, the system remains a lifeline for so many residents in the Greater Boston area, especially those working in essential services like health care or in industries most impacted by the pandemic such as the restaurant sector.  Facing a crisis of this magnitude, T leadership must first do its all to rethink how it delivers services before reflexively making cuts.

Pioneer Institute congratulates the Fiscal and Management Control Board (FMCB) and MBTA management for taking advantage of the precipitous ridership declines due to the COVID pandemic to dramatically accelerate ongoing construction projects.

New evaluation commissioned by MBTA projects T contributions would increase by more than $1 billion under terms of current pension agreement BOSTON – With the current MBTA pension agreement set to expire in June 2018 and a new evaluation projecting a $1.485...

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...

In February 2015, Pioneer Institute issued a statement citing the numerous problems that faced the MBTA and its riders. The release noted that the MBTA board, as then structured, had failed the public, resulting in a highly mismanaged system of mass transit in...

Excerpt from Jim Stergios’ column in The Boston Globe.  REVIEWS OF GOVERNOR Baker’s first year in office, capped off by General Electric’s decision to move its corporate headquarters to Boston, have been largely positive. A more important marker to evaluate his long-term performance...