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In accordance with Section 35T of Chapter 10 of the Massachusetts General Laws, the Comptroller, in consultation with the Department of Revenue, is required to submit a letter which certifies the annual base revenue amount for the MBTA for the following fiscal year and estimates the dedicated sales tax revenue for the current fiscal year to be credited to the MBTA. The MBTA relies on a pledged portion of the Commonwealth’s sales tax revenue to fund its services.
The MBTA is to receive the greater of either the base revenue or the dedicated sales tax revenue.
The Office of the Comptroller makes these certifications in consultation with the Department of Revenue.