Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why can’t tolls alone be used to pay for the HRTA projects?

hrta pay Projects tolls Used
0
Posted

Why can’t tolls alone be used to pay for the HRTA projects?

0

According to the HRPDC/VDOT/FHWA toll feasibility study, tolls alone cannot fund this package of projects. There is a toll rate for each facility (called the “revenue maximizing” rate) above which toll revenue actually decreases due to decreasing usage of the roadway. Even if tolls were set at these high revenue-maximizing rates on all HRTA projects, the package of projects could not be funded without taxes and fees.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123