MBTA FY 2018 operating budget deficit 10 times lower than projection April 13, 2017 | North America Finance The Massachusetts Bay Transportation Authority’s (MBTA) Fiscal and Management Control Board (FMCB) has approved the USD1.989-billion FY2018 (2017-18) operating budget. The budget has a structura... This content is available to only subscribers. Username or E-mail Password Remember Me Forgot Password