BandA wrote:No, the major beneficiaries of the T system as it is set up are the owners of office & commercial space where people go, such as Kendall Square and Downtown Boston and "Boston Waterfront". What makes Kendall Square more valuable than the same amount of land in Waltham? It's mostly not being near to MIT, it's the subway access. Which is subsidized by the folks living in Waltham that are stuck in traffic on 128 trying to drive to Woburn to work.
No, the major beneficiary of the MBTA is the entire State of Massachusets as it enables our economy to exist, and those our income taxes to be distributed across the state. Our economy, and the City Of Boston/Cambridge/etc wouldn't exist without it. And, yes, Kendall's location near MIT plays a big part in the appeal of it, as does having subway access, as does having proximity to the main CoB of Boston, as does its proximity to Harvard, etc. Waltham also has the second highest ridership per day of any station on its like (~610), and I am sure everyone in Waltham commuting into Boston is glad that there isn't another million cars (from having no T) on the road as they try to get to work. The MBTA benefits everyone and should be funded as such - I don't complain about my taxes going outside of Greater Boston for roads or schools that I will never use.
BandA wrote: And almost all of the increase in property tax revenue in recent years has been in Boston, Cambridge and adjacent areas.
(veering off topic) Source on that? Just looking at YoY in Waltham, property values are up almost 10%.
As to the operations budget of the MBTA, it hasn't exactly not been balanced until this year - this is simply balanced now without the built in fudge money that the legislature usually kicks in. As for the $10 Million from Keolis - at a $2+ Billion dollar a year budget, thats pretty much a rounding error.