The agency's structural deficit decreased 65 percent year over year.Photo – MBTA
The Massachusetts Bay Transportation Authority (MBTA) reduced its structural deficit by 65 percent in fiscal-year 2017 compared with the previous year's deficit, the agency announced yesterday.
The MBTA's deficit was $30 million in FY2017 versus $86 million in FY2016. In addition, core operating expenses for the most recent fiscal year were $6 million less than they were in the prior year.
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