![]() ![]() The turnpike commission began making Act 44 payments to PennDOT in August 2007 and has increased tolls annually since 2009. The 13.8 cent-per-mile electronic toll collection rate is 20% lower than the national average of 17.8 cents-per-mile, according to the commission.īased on current traffic and revenue projections, the turnpike commission’s plan calls for future toll increases of 5% through 2025, 4% in 2026, 3.5% in 2027, then 3% annually from 2028 to 2050. tolling agencies, according to the turnpike commission. The turnpike’s E-ZPass collection rates rank 24th out of 47 U.S. But as of July 1, that dropped to $50 million per year in cash proceeds - no further bond issues - because of PA Act 89 of 2013.ĭue to the terms of the Act 44 bonds, the turnpike commission’s debt service will continue to rise even though borrowing has ended, growing to an annual maximum of $600 million by 2038 before it starts to decrease. ![]() Up until this year, the turnpike commission’s annual requirement to the Commonwealth had been $450 million. In the 15 years since Act 44 of 2007, the turnpike has transferred nearly $8 billion to PennDOT, most of it in the form of borrowing that must be repaid by the turnpike commission over a 30-year period. tolling agencies.”Īct 44 of 2007 required the turnpike to transfer between $900 million and (more recently) $450 million annually to the Commonwealth to support transportation projects statewide. “It’s worth noting that, even with these ongoing annual increases, our per-mile toll rate continues to be below the midline compared with rates of other U.S. “The PTC has been forced to increase tolls annually through the foreseeable future to meets its financial obligations under Act 44 of 2007, said PTC CEO Mark Compton in a news release. ![]()
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