Panelists discuss public transit goals and issues at the release event for A Better City’s report, “The Transportation Dividend: Transit Investments and the Massachusetts Economy.” (l–r) The Barr Foundation President James Canales, moderator; Harvard Business School Ernest R. Arbuckle Professor and Author Rosabeth Moss Kanter; A Better City President and CEO Rick Dimino; Codman Square Neighborhood Development Corporation Real Estate Project Manager Jarred Johnson; Boston At-Large City Councilor Michelle Wu; Transportation for Massachusetts (T4MA) Executive Director Chris Dempsey.
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Authors find public transit lessens traffic, encourages economic growth in region
The MBTA system delivers an annual benefit of $11.4 billion to Greater Boston on an operating budget of just over $2 billion, the researchers calculated. That $11.4 billion — in reduced travel time and cost, reduced emissions and crashes avoided — translates to a benefit of $6,700 per household in the region.