So, in doing more research online, I came across this document from an MBTA board member. The thing that I find interesting is the precision with which they/he were able to say how much their short fall would be. This leads me to think of two main things … either one they really have “turned the corner” and are now a truly well run organization that understand and can forecast more accurately than most other public sector entities. Or, they are still so bloated that even three years after a report is made they weren’t able to find any significant savings. I will let that be a decision for further research, but my gut says they have moved more in the former direction than in the later.
Here is the link to the document. The executive summary says it all 😦