They both receive a dedicated portion of Massachusetts' underperforming sales tax revenue, yet the Massachusetts Bay Transportation Authority anticipates selling roughly $300 million of new-money bonds in October while the Massachusetts School Building Authority will hold off on new borrowing until 2009.

Each year the commonwealth reserves a portion of its 5% sales tax for the two agencies. MBTA receives 20% of sales-tax dollars and MSBA will gain a full 20% as well beginning in fiscal 2011 after six years of a gradual phase-in of the dedication.

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