Steep Toll, Fare Hike Planned
The Port Authority announced a proposal Friday to steeply hike bridge tolls and PATH fares for the reason that of what is says are alarming parcel problems.
The PATH fare — proposed to take issue next month — is set to a~ from $1.75 to $2.75, and the 30-generation unlimited pass would shoot up from $54 to $89.
Peak tolls as antidote to E-ZPass drivers on Port Authority crossings would grow from $8 to $12 next month, and against-peak would go from $6 to $10. In 2014, the couple those tolls would increase another $2.
Drivers who pay cash would see a hike from $8 to $15 this year, and that would furthermore increase by $2 in 2014.
The charge blamed its budget woes on uncertain factors, including the costly $11 billion brew to rebuild the World Trade Center, and increasing guard costs at its facilities since Sept. 11.
The recession also "sharply decreased revenue below projections," the mediation said. Revenue declined $2.6 billion among the shades estimates, and some $5 million in projects regard had to be cut, the Port uttered.
The Port’s board of commissioners self-reliance consider the toll and fare lay out at a meeting on Aug. 19. Before that, the procurement will hold public hearings in New York and New Jersey.
The mediation said a number of projects are quota on the toll and fare represent, including a $1.5 billion investing. to replace the Lincoln Tunnel Helix, which would require major lane closures. The Port besides wants to build an $800 the masses new bus garage at the Port Authority Bus Terminal to remedy traffic in Midtown west, and spread $1 billion to replace all 592 suspender ropes in c~tinuance the George Washington Bridge.
The direction said it planned to use the PATH return for projects that include replacing cars, replacing the conspicuous system, upgrading PATH security and rehabilitating aging stations.