MBTA board approves capital investment plan for fiscal years 2023-2027
Written by David C. Lester, Editor-in-Chief
MBTA Commuter Train
MBTA
The MTBA board has approved a new capital investment plan.
The MBTA Board of Directors has approved the Fiscal Year 2023-2027 MBTA Capital Improvement Plan (FY23-27 MBTA CIP). The FY23-27 MBTA CIP includes over 500 unique capital projects to modernize, expand, and increase the reliability of the MBTA transit network.
“With the goal of improving reliability, modernizing the system, expanding capacity and the network, and continuing to make critical safety improvements, the MBTA’s five-year CIP is an important document that guides our investment planning,” said MBTA General Manager Steve Poftak. “I thank the Board for approving of our CIP, and I thank our riders and the public for participating in this public process and letting us know what kinds of capital investments they’d like to see the MBTA prioritize for investment.”
The fiscal year 2023-2027 MBTA capital improvement plan includes all planned capital investments over the next five years.
Massachusetts Bay Transportation Authority
The FY23-27 MBTA CIP is available at mbta.com/cip and includes an overview of the Authority’s capital planning process, summaries of investment programs, summaries of investments by mode, and the full list of capital projects.
A short-term, financially constrained investment program updated annually, the FY23-27 MBTA CIP is driven by the following goals:
- Improve the reliability of the MBTA’s transit system and modernize existing assets to accommodate current or anticipated growth.
- Make targeted investments in the expansion of the transportation network to increase capacity or provide riders with more options across transit modes.
For more information, please check the MBTA website.
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