Word: deficit
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Dates: during 1960-1969
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...Eliminate Deficit...
...page statement and at a news conference, they emphasized that by promoting efficient operation, their plan was aimed at eliminating the MTA's deficit--$22 million last year. They attributed Boston's high costs to "extremely high" administration expenses, and some poor management decisions...
...case the proposal is not adopted and the MTA's deficit persists, they recommended that the deficit be financed according to the number of "transit-miles" used by each community, not on a basis of its population or merely the number of its inhabitants using rapid transit. Transit-miles would depend on the number of people using MTA and the town's distance from the city...
Peabody's program would divide the operating deficit among all 78 towns that will be included in the system without regard to frequency...
...alternate program devised by Wohl and Meyer would divide the capital deficit among the cities and towns according to the number of track miles in each. The operating deficit would be charged according to the number of passenger-miles covered in each town...