Bridge and Tunnel Club Blog Home
Bridge and Tunnel Club Blog

Just Out Of Curiosity . . .

. . . why does it cost $400 million a year to administer tolls? That seems high or, at the very least, slightly inefficient:

A state commission led by Richard Ravitch, a former chairman of the Metropolitan Transportation Authority, presented a wide-ranging rescue plan on Thursday for the region’s subways, buses and commuter railroads that includes a new “mobility tax” on corporate payrolls in the region; tolls on the free East River and Harlem River bridges; a much smaller fare and toll increase than the cash-strapped authority has threatened; few service reductions; and improvements in bus service.

The plan — presented in a 19-page report — would permit automatic, inflation-adjusted fare and toll increases every two years without public hearings, ending what Mr. Ravitch called a cyclical “political circus.” The plan would allow for a state takeover of the city-owned Harlem River and East River bridges, which have historically been free to drivers. The new tolls would be collected electronically, without toll booths.

The regional mobility tax — 33 cents on every $100 of payroll — would provide $1.5 billion a year, and the tolls would produce $600 million in net revenue a year ($1 billion a year in gross revenue minus expenses), Mr. Ravitch said. The new revenue streams would help finance borrowing for a $30 billion-to-$35 billion M.T.A. capital plan for 2010 to 2014 that would help stimulate the economy while maintaining vital infrastructure.

Posted: December 4th, 2008 | Filed under: Architecture & Infrastructure, Follow The Money
“The Aspect Of Being Out There” »
« Wow — Actual Legislation, Actual Information — Is This How Government Is Supposed To Work?

Recent Posts

  • “Friends And Allies Literally Roll Their Eyes When They Hear The New York City Mayor Is Trying To Go National Again”
  • You Don’t Achieve All Those Things Without Managing The Hell Out Of The Situation
  • “Less Than Six Months After Bill De Blasio Became Mayor Of New York City, A Campaign Donor Buttonholed Him At An Event In Manhattan”
  • Nothing Hamburger
  • On Cheap Symbolism

Categories

Bookmarks

  • 1010 WINS
  • 7online.com (WABC 7)
  • AM New York
  • Aramica
  • Bronx Times Reporter
  • Brooklyn Eagle
  • Brooklyn View
  • Canarsie Courier
  • Catholic New York
  • Chelsea Now
  • City Hall News
  • City Limits
  • Columbia Spectator
  • Courier-Life Publications
  • CW11 New York (WPIX 11)
  • Downtown Express
  • Gay City News
  • Gotham Gazette
  • Haitian Times
  • Highbridge Horizon
  • Inner City Press
  • Metro New York
  • Mount Hope Monitor
  • My 9 (WWOR 9)
  • MyFox New York (WNYW 5)
  • New York Amsterdam News
  • New York Beacon
  • New York Carib News
  • New York Daily News
  • New York Magazine
  • New York Observer
  • New York Post
  • New York Press
  • New York Sun
  • New York Times City Room
  • New Yorker
  • Newsday
  • Norwood News
  • NY1
  • NY1 In The Papers
  • Our Time Press
  • Pat’s Papers
  • Queens Chronicle
  • Queens Courier
  • Queens Gazette
  • Queens Ledger
  • Queens Tribune
  • Riverdale Press
  • SoHo Journal
  • Southeast Queens Press
  • Staten Island Advance
  • The Blue and White (Columbia)
  • The Brooklyn Paper
  • The Columbia Journalist
  • The Commentator (Yeshiva University)
  • The Excelsior (Brooklyn College)
  • The Graduate Voice (Baruch College)
  • The Greenwich Village Gazette
  • The Hunter Word
  • The Jewish Daily Forward
  • The Jewish Week
  • The Knight News (Queens College)
  • The New York Blade
  • The New York Times
  • The Pace Press
  • The Ticker (Baruch College)
  • The Torch (St. John’s University)
  • The Tribeca Trib
  • The Villager
  • The Wave of Long Island
  • Thirteen/WNET
  • ThriveNYC
  • Time Out New York
  • Times Ledger
  • Times Newsweekly of Queens and Brooklyn
  • Village Voice
  • Washington Square News
  • WCBS880
  • WCBSTV.com (WCBS 2)
  • WNBC 4
  • WNYC
  • Yeshiva University Observer

Archives

RSS Feed

  • Bridge and Tunnel Club Blog RSS Feed

@batclub

Tweets by @batclub

Contact

  • Back To Bridge and Tunnel Club Home
    info -at- bridgeandtunnelclub.com

BATC Main Page

  • Bridge and Tunnel Club

2025 | Bridge and Tunnel Club Blog