How will Foothill-South be financed?
A combination of funding sources will be used to finance Foothill-South. As with the existing toll road system, Foothill-South will be financed primarily through the sale of toll revenue bonds in the municipal bond market. It is anticipated that the Foothill/Eastern Agency would sell bonds after the necessary environmental approvals and permits are secured. Toll revenue collected from the 241, 261, and 133 Toll Roads will be pledged to repay the Foothill-South debt. Once the debt is repaid, the roads are planned to become freeways.
