NJ Transit estimates bus tolls will more than double to $8.6 million.
The Port Authority passed hefty toll and fare hikes on Friday. But instead of raising them all at once, commuters will be hit with five yearly increments.
Governors Chris Christie and Andrew Cuomo are riding to the rescue of people who use the PATH trains and the river crossings, including the Holland and Lincoln tunnels and the George Washington Bridge.
The Port Authority board is slated to vote on a massive proposed toll and fare hike. After that, it heads to the governors of New Jersey and New York.
Commuters will have nine chances to express their opinions about a proposal to pay more at the Hudson River Crossings.
New Jersey Gov. Chris Christie is putting in his two cents when it comes to the proposed massive toll and fare hike from the Port Authority of New York and New Jersey.
The New Jersey Senate has voted to roll back a planned highway toll increase. Democrats said the increase shouldn’t go forward because it was meant to help pay for a new rail tunnel into New York that won’t be built.
The Senate Transportation Committee on Thursday voted 3-2 to cancel toll hikes on the New Jersey Turnpike and Garden State Parkway that begin next year.
The DRPA’s financial advisers don’t support a delay, fearing it could lower bond ratings and jeopardize loans. But some DRPA commissioners says commuters should be spared the pain.
The agency’s financial advisers warn that delaying hikes could hurt its credit worthiness.
The agency originally planned to raise tolls earlier this year on its four Philadelphia area bridges to $5 from $4, but was able to push back the increase to July 2011. The tolls are one-way, paid only by Pennsylvania-bound motorists.
The commute just got more expensive for most drivers. The Metropolitan Transportation Authority on Wednesday approved yet another toll hike. Some drivers will soon be paying as much as $13.
The AAA said an estimated 180,000 drivers could decide not to renew their registrations if tolls go up next year.