WHY WAS THE BRIDGE TOLL INCREASED TO $5 FOR FASTRAK AND $6 FOR CASH IN 2008?
On September 2, 2008, the GGB toll increased from $4 to $5 for FasTrak users and from $5 to $6 for cash payers. The $1 increase was implemented to resolve the Golden Gate Bridge, Highway and Transportation District (District) projected five-year $91 million shortfall (FY 2009 to FY 2013) as the added $1 is projected to generate $92 million over a five-year period. The District is a special district of the State of California formed in 1928 and is based in San Francisco, CA. The District is responsible for the operation of three public transportation systems: Golden Gate Bridge (GGB), Golden Gate Transit (GGT) and Golden Gate Ferry (GGF). These public transportation services are provided using just four primary funding sources: GGB tolls, GGT and GGF fares, government operating grants, and other revenues (concessions, advertising, leases, contracts). As the most significant of the four revenue sources, GGB tolls are periodically increased to keep pace with inflation and to aid in balanc