The number 2016 divided by 4 equals 504, exactly – with no remainder, which makes the year 2016, like the upcoming years 2020, 2024 and 2028 (and beyond), a leap year. We will get an "extra" day, February 29.
The MBTA announced Monday it has reduced its projected deficit for fiscal 2017 by 45 percent, a $104 million reduction in the anticipated budget hole.
The transit agency said reduced operating expenses accounts for 75 percent of the reduction while increased revenues in real estate and advertising makes up the rest.