January 27, 2016

MBTA Spends Other People's Money




WCVB reported in February 2015, "In 2014, more than 2,000, or 27 percent, of the 7,400 employees earned more than $100,000 a year." and "Last year total employee earnings were more than $500,000,000 -- an 18 percent jump from 2013" In May 2015, WCVB, "There are 46 MBTA managers enjoying this take-home car perk, which is costing taxpayers and riders more than$1 million. And that doesn't include the cost of free gas, insurance, maintenance and repairs they also receive." Now they report "the MBTA's financial control board voted to spend up to $6 million to study the project [. . .] to try and [. . .] save the $4.7 billion expansion." Are there no taxpayer funded employees (among the estimated 1800) who are able to do the job? How many employees are ranking members of the Spending Other People's Money Society?



[From article]
But Monday, the MBTA's financial control board voted to spend up to $6 million to study the project.
Three firms will come up with a redesign and a new price tag to try and slash costs and save the $4.7 billion expansion.

http://cambridge.wickedlocal.com/article/20160126/NEWS/160127072

Report shows chronic Red Line issues
By WCVB
Posted Jan. 26, 2016 at 10:58 AM
CAMBRIDGE Chronicle

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