MBTA CFO Mary Ann O'Hara attributed the performance to several factors, including robust state sales tax collections that steered more money to the T and better-than-expected fare revenues, which still remain well below pre-pandemic levels.
Some of the boost has a downside, though: O'Hara said a major factor behind the below-budget spending was"lower wages and fringe benefits due to vacancies and slower hiring than anticipated" while the T grapples with staffing shortages that create service and safety headaches.
The MBTA says that it has finished 59% of planned work on the Orange Line and is on track to finish during the 30-day shutdown. MBTA General Manager Steve Poftak previously projected the FTA's initial batch of findings published in June would require more than $300 million in spending, and O'Hara said officials are still trying to get a grasp on the financial implications of the final report.
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