Autumn on Lake Audobon

Autumn on Lake Audobon
Autumn on Lake Audubon, Photo by Alison Kamat

Saturday, May 7, 2011

Dulles tolls to rise to pay for rail construction, Washington Examiner, May 4, 2011

According to early figures, Dulles Toll Road tolls could climb to as much as$19.25 each way by 2040 to pay off the construction of the Dulles Rail extension.-Brig Cabe/Examiner file
According to early figures, Dulles Toll Road tolls could climb to as much as $19.25 each way by 2040 to pay off the construction of the Dulles Rail extension.-Brig Cabe/Examiner file

Tolls on the Dulles Toll Road could climb from $2 to as much as $19.25 each way by 2040 to pay off the construction of the Dulles Rail extension, according to preliminary figures released Wednesday. But financial consultants to the Metropolitan Washington Airports Authority said those rates could be as much as 30 percent lower if the project can obtain a special federal loan that has lower interest rates than the bond market.

The catch? The region would have to settle its wide differences over the planned station at Washington Dulles International Airport to convince federal officials to give them the highly sought-after Transportation Infrastructure Finance and Innovation Act loan. . . .
  • Current tolls: $2 ($1.25 mainline, 75 cents ramps) 
  • 2015: $4 with federal loan to $5.50 without  
  • 2020: $6.75 with federal loan to $10.75 without  
  • 2040: $14.75 with federal loan to $19.25 without

Read more at the Washington Examiner: http://washingtonexaminer.com/local/dc/2011/05/dulles-tolls-rise-pay-rail-construction#ixzz1LgdBfSGW

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