Business Group Says $50 Billion Needed for Boston Infrastructure

November 11, 2019
Boston skyline from the water.

A nonprofit group of Boston businesses called "A Better City" says $50 billion is needed to fund investments in transportation infrastructure.

Saying that the city is in the middle of a "transportation crisis," the business leaders released a 16-page report, according to Boston's ABC affiliate, WCVB.

"The levels of growth that are expected over the next quarter century cannot be accommodated without investing strategically and deliberately in transit reliability, capacity, and connectivity," the report said. Like a recent report from the Boston Chamber of Commerce, A Better City's report calls for raising the money through new or expanded fees and taxes.

It suggests seven possible revenue sources, including raising tolls, hiking the gas tax, increasing fees on rideshare companies, and creating a parking surcharge.

Source: WCVB