Just months after the MBTA raised fares, the T faces a $130 mil­lion deficit for the next budget year, according to an analysis released Monday by a regional think tank.

But that daunting finan­cial gap is eclipsed by a $240 mil­lion short­fall to operate the highway system, the study concluded.

The budget analysis, con­ducted by the Dukakis Center for Urban and Regional Policy at North­eastern Uni­ver­sity, does not include money to address a vast and growing backlog of repair and replace­ment needs for every­thing from rail cars to bridge abut­ments or to improve trans­porta­tion across the Com­mon­wealth. The analysis merely reflects the cost of run­ning the system as is and sug­gests that tax increases, fare hikes, or cuts could be on the horizon.

Read the article at The Boston Globe →