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T fares may climb as MBTA eyes riders to help close budget gap

T fares may climb as MBTA eyes riders to help close budget gap

BOSTON – T riders may be called on to help ease a growing budget shortfall at the Massachusetts Bay Transportation Authority. Increasing fares is one of several options the agency's fiscal management control board is considering as it comes up with a plan to tackle a gap projected to hit $242 million in fiscal 2017 compared with $170 million in the current fiscal year as expenses rise faster than revenue. Possibly revamping the T's advertising policies and boosting parking fees are also under d

BOSTON – T riders may be called on to help ease a growing budget shortfall at the Massachusetts Bay Transportation Authority. Increasing fares is one of several options the agency's fiscal management control board is considering as it comes up with a plan to tackle a gap projected to hit $242 million in fiscal 2017 compared with $170 million in the current fiscal year as expenses rise faster than revenue. Possibly revamping the T's advertising policies and boosting parking fees are also under d…