Open Section Menu ^
Tolling
Tolls are highway user revenues that are collected in exchange for the usage of transportation facilities. These direct user fees are primarily collected in order to help fund transportation improvement projects.
Currently, over thirty states currently have enabling legislation to authorize tolling as a new revenue source and to fund new transportation projects. According to the National Conference of State Legislatures, 42 states have tolling authority and/or tolling facilities and 28 states have the legal authority to operate tolling facilities. Moreover, 20 states have tolling facilities that are privately operated.
Tolling is often a component of public-private partnership (P3) agreements. In recent years, there has been growing interest in pursuing these types of P3 transportation infrastructure projects, where private investors like pension funds or investment banks finance some or all of the costs of building a highway and earn a return by charging tolls.
Latest Tolling-Related News
July 27: State Transportation Funding News Roundup
The Connecticut State Bond Commission authorized $10 million on July 25 to study tolling on state highways. Department of Transportation Commissioner James Redeker estimates toll revenues could generate up to $1 billion annually. Read More >> The Association of County [...]
June 14: State Transportation Funding News Roundup
The North Carolina legislature on June 13 sent a $3 billion transportation bond measure to the governor for approval. Gov. Roy Cooper (D) is expected to sign the measure. Follow state transportation funding legislation on the TIAC website. The Iowa [...]
June 4: Updated Report Tracks 209 Transportation Funding Bills in 39 States
One-time funding measures, primarily bonds or general fund transfers, are the most popular type of state transportation investment legislation introduced since the start of 2018, according to the Transportation Investment Advocacy Center’s™ (TIAC) latest tracking report. Twenty measures to increase [...]
Recent Posts