Monday, August 13, 2012

When are Tolls Going Up?

Tolls were projected to double to $4.50 on Jan. 1, 2013, then keep rising at a level to keep future usage at about 75% of current usage.

MWAA is currently proposing to use $150 million from the Commonwealth of Virginia to 'buy down' the toll increases for two years, so that a $0.50 hike will take place Jan. 1, 2013, another $0.75 Jan. 1, 2014, and another $1.00 Jan. 1, 2015.

While this lessens the public outrage by making the increase more gradual, it means that the tolls will probably have to increase more rapidly in the future, or MWAA will continue asking for additional taxpayer bailouts. The toll avoidance traffic impact on alternate routes will be 32,000 cars/day diverted onto free roads like Rt. 7 by 2015.

Click on the picture to view a larger version.

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