Reston Spring

Reston Spring
Reston Spring

Friday, November 16, 2012

Dulles Toll Road toll hikes confirmed 22% Jan 1 2013, 27% 2014 for train subsidy, 2015 deferred while non-toll $s hunted, TollroadNews, November 14, 2012


2012-11-14: Struggling to finance $3.02 billion of its $5.6 billion rail line with toll revenue bonds the Metropolitan Washington Airports Authority (MWAA) decided today to put firmly in place two years of toll increases but to defer a decision on recommended increases in the third year.  Tolls for the typical trip in a car on the 13.4 mile tollroad in the western part of the Washington DC metro area will rise from $2.25 to $2.75 (22%) January 1 2013 and to $3.50 (27%) Jan 1 2014.
A decision on a toll increase recommended for the start of 2015 was deferred so the Authority can troll for non-toll sources of revenue for its rail project. An increase in the typical toll to $4.50 or 29% was recommended.

In a presentation to the board today staff showed toll revenues rising from $109m budgeted this year to $127m in 2013 and to $149m in 2014, increases each year of about 17%. The numbers imply annual drops in traffic of about 7%. . . .
This extensive article provides important additional comments by MWAA officials and critics of the toll hikes and the broader issue of tolls on a road paying for rail line construction. 

Click here for the rest of the article.

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