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| Drivers on the Dulles Toll Road will see a 50 cent bump in tolls. |
. . . Motorists will pay higher tolls so MWAA can pay the cost of the Silver Line rail project to Dulles. A decision about raising toll rates in 2015 was deferred, because the airports authority is confident it will receive more funding for the Silver Line, either from the Virginia legislature or Congress, Board Chairman Michael Curto said after the vote.
MWAA has two avenues to secure additional funds: Virginia’s General Assembly, which has provided only $150 million to date, and the TIFIA (Transportation Infrastructure Finance and Innovation Act) loan program. . .
. . . But MWAA has a lot of competition for TIFIA dollars; 19 major transportation projects costing a total of $27 billion are currently applying for loans, and Congress has authorized $1.75 billion for TIFIA during the next two fiscal years.
"The pool is very small compared to what the needs are just for our rail system," said Terry Maynard, a board member of the Reston Citizens Association, which represents 58,000 residents in a Fairfax County tax district. "It's going to be very hard to get a significant contribution.”
The association opposes not the Silver Line’s construction but its financing plan, which funds 50 percent of the project using Dulles Toll Road revenues. . . .Click here for the rest of this article and the broadcast soundtrack.
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