2009/10 Tacoma Narrows Bridge Toll Setting
2009/10 Toll Setting
June 10, 2009
The Commission will be holding a hearing on June 10th, 2009 from 10:00 - 10:30 a.m. in Olympia to extend the current toll rates through June 30, 2010. Public comment will be taken at this hearing.
The hearing will be held at:
County Road Administration Board (CRAB) Board Room
2404 Chandler Court SW, 2nd Floor
Olympia, Washington
The Commission will be reviewing monthly traffic and revenue data throughout the year and reserves the right to adjust the rates before June 30, 2009 should revenue collections drop below needed levels to pay for bond payments and allowable costs.
Should rates need to be adjusted at any time, a full public review and input process will be conducted prior to any final decisions being made.
April 2009
The CAC met on April 2. It was decided that they would continue to recommend toll rates be kept at their current levels. They presented their recommendations to the Commission at their April meeting in Olympia.
View the CAC Presentation (pdf 560 kb).
The Commission met on April 22 and accepted the CAC recommendations to keep current rates in effect, subject to traffic volumes continuing at levels necessary to generate adequate revenue to cover required costs.
March 2009
At the Commission's March meeting, traffic and revenue data was presented by the Department of Transportation indicating revenues had come in under what was forecasted over prior months. This trend could result in significant revenue shortfalls thus threatening the ability of the state to make the bond payments.
Because of this fact, the Commission issued a rate adjustment proposal that would increase the toll rates for transponder users from the current $2.75 to $3.25.
This new proposal required the CAC to reconvene to consider the Commission's proposal, review the latest traffic and revenue data, and then report back to the Commission with their rate recommendations based upon the new information.
December 2008
The CAC submitted its 2009/10 toll recommendations at the Commission's December 2008 meeting in Olympia - they recommended current toll rates be kept in effect for the next fiscal year:
- $2.75 for electronic transponder users
- $4 for cash payers
View the CAC's presentation (pdf 292 kb) on their proposal.
2008/09 TNB Toll Setting Schedule
- April 7, 2008: Special Commission meeting via conference call to adopt and release the TNB 2008/09 toll proposal for public review and comment. Details on this meeting.
- May 20, 2008: Public input meeting on toll proposal. This meeting will be held from 6:00 - 8:00 p.m. at "The Inn at Gig Harbor" located at 3211 56th St. NW in Gig Harbor, Washington. Public comment will be taken but no action will occur on the proposal at this meeting.
- May 27, 2008: Public hearing to adopt toll rates. This meeting will be held from 6:00 - 8:00 p.m. at "The Inn at Gig Harbor" located at 3211 56th St. NW in Gig Harbor, Washington. Public comment will be taken and the final toll rates for 2008/09 will be set at this meeting.
TNB Citizen Advisory Committee (CAC) 2008/09 Toll Recommendations
The CAC submitted its toll recommendations to the Commission at their March 19th meeting in Olympia.
The CAC toll recommendation is:
- $2.75 for electronic transponder users
- $4.00 for cash payers
The CAC's presentation on their proposal can be viewed via the link below.
CAC 2008/09 Toll Recommendation Presentation (pdf 305 kb)
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