METRO Magazine Logo
MenuMENU
SearchSEARCH

MBTA Approves $2.7B FY24 Budget

The budget allocates funding to increase the MBTA’s overall workforce to 7,643, which is 964 positions above what was budgeted for FY23.

MBTA Approves $2.7B FY24 Budget

More than half of all new spending for FY24 is directly related to safety-related positions and represents an increase of more than four times over the prior year’s average.

Photo: Kevin Zolkiewicz/Flickr

3 min to read


The Massachusetts Bay Transportation Authority announced its Board of Directors voted to approve a $2.7 billion operating budget for fiscal year 2024 that will sustain levels of service while making strategic investments in safety, staffing, and hiring, key capital investments including station and accessibility needs, and design work required for a future connection of the Red and Blue lines.

What MBTA's Budget Means for Workforce

The budget allocates funding to increase the MBTA’s overall workforce to 7,643, which is 964 positions above what was budgeted for FY23.

Ad Loading...

The additional positions will support expanded capacity in several areas with a focus on the MBTA’s Safety Department and Operations.

Specifically, more than half of all new spending for FY24 is directly related to safety-related positions and represents an increase of more than four times over the prior year’s average.

“This budget reflects a series of investments that sharpen our focus on enhancing safety for our customers, workforce, contractors, and vendors,” said Phillip Eng, MBTA GM/CEO. “The T plays a vital role in connecting people to work, school, family, and friends, and I thank the Board of Directors for approving the FY24 budget. The priorities outlined here provide the means to make progress toward delivering the service our customers deserve and the level of safety – across the entire system – they expect.”

The T’s FY24 budget also includes $68 million to support the T’s response to the Federal Transit Administration’s Safety and Management Inspection report, with $44 million of that total devoted to 455 new operating budget positions, including key areas such as rail yard and maintenance facility safety (153 positions), track maintenance (97 positions), and enhanced staffing at the Operations Control Center (49 positions), among others.

Fundin Opportunities in the Budget

The budget is also aligned with goals set forth by the Healey-Driscoll Administration, including: 

Ad Loading...
  • The allocation of $181 million in new, one-time funding for investments in bridge rehabilitation, station and accessibility improvements, and advancing design of the Red-Blue Connector project.

  • $5 million in new, one-time funding to study the feasibility of implementing a means-tested fare program to expand affordability.

  • Support for the new Chief Safety Officer for MassDOT and the MBTA, with responsibility for overall safety across all modes of transportation.

“This budget strikes a balance between building critical staffing capacity around safety while maintaining our commitment to operating new and future services like the Green Line Extension and South Coast Rail,” said Chief Administrative Officer David Panagore. “I want to express my gratitude to our stakeholder groups for their insight and thank Chief Financial Officer Mary Ann O’Hara and the MBTA’s finance team for their diligence in developing a budget that truly reflects the T’s top priorities for the coming fiscal year.”

More Management

Austin Light Rail rendering from UT perspective
Rail•by Alex Roman•October 30, 2026

Bringing Austin’s First Light Rail System to Life

Austin Transit Partnership CEO Greg Canally discusses the city's nearly 10-mile light rail project, its collaborative approach to project delivery, the importance of community engagement, and the milestones ahead as construction approaches in 2027.

Read More →
Technology•October 30, 2026

ETA CEO John Maglio on Transit Technology, Innovation, and Building Agency Trust

ETA founder and CEO John Maglio explores the evolution of transit technology, the importance of reliable systems, and how stronger partnerships can help agencies improve operations and the passenger experience.

Read More →
Two Metra locomotives on rail tracks.
Rail•by Alex Roman•October 29, 2026

Metra Draft Plan Outlines Costs, Service Improvements for Regional Rail

The Systemwide Network Plan identifies infrastructure needs and potential investments to expand all-day, bidirectional rail service across the Chicago region.

Read More →
Ad Loading...
Justin Augustine III, CEO for New Orleans RTA
Management•by Alex Roman•October 29, 2026

New Orleans RTA Names Augustine III as New CEO

In this edition, we also spotlight recent personnel moves at HDR, PATH, STV, and more, highlighting the people taking on new roles across the transportation industry.

Read More →
A ballot drop-off box marked “Vote” stands in the foreground at a transit station, with public transit buses visible in the background.
Management•by Elora Haynes•October 28, 2026

How Transit Agencies Are Using Free Rides to Improve Voting Access

Transit agencies are using fare-free service, trip-planning tools, and targeted rides to improve voting access. See what other agencies can learn from these efforts.

Read More →
A Caltrain electric railcar on the tracks
Rail•by Alex Roman•October 27, 2026

Caltrain’s Electrification Drives a New Era of Ridership Growth

The railroad’s shift to electric service has brought more frequent trains, stronger customer satisfaction, and increased ridership, earning it APTA’s Outstanding Public Transportation System award.

Read More →
Ad Loading...
METRO Magazine graphic featuring a Chicago Transit Authority bus at a transit station with the headline “Chicago, Charlotte Transit Agencies Expand Rider Support Programs.”
Management•by Elora Haynes•October 27, 2026

Chicago, Charlotte Transit Agencies Expand Rider Support Programs

CTA launched crisis intervention teams as CATS prepares to deploy fare ambassadors, expanding customer assistance and security efforts across both systems.

Read More →
An A line MTA subway car near the soon to be replaced signaling system.
Rail•by Staff and News Reports•October 23, 2026

New York MTA Launches Historic $1.9B Signal, Track Modernization Project

Funded in part by congestion pricing revenue, the project will replace nearly century-old signals along the A and C lines in Brooklyn and Queens.

Read More →
Turning Transportation Challenges into Opportunities
Management•by Alex Roman•October 22, 2026

Brian Dickson on Building Stronger, More Resilient Transportation Organizations

Bus Business Consultants Founder Brian Dickson discusses the leadership principles, operational discipline, and strategic planning that separate transportation companies positioned for long-term success from those stuck in survival mode.

Read More →
Ad Loading...
Groundbreaking ceremony for LA Metro's Vermont Transit Corridor BRT
Bus•by Staff and News Reports•October 22, 2026

LA Metro Breaks Ground on Vermont BRT Project

The 12.4-mile corridor is projected to serve 66,200 daily riders, reduce travel times by up to 24%, and create the nation's busiest bus rapid transit corridor.

Read More →