Motorists driving south throughout the famed Golden Gate Bridge may should shell out greater than $12 a visit below a brand new proposal from the transit company answerable for tolls.
In the meantime, commuters from the North Bay with FasTrak passes may see their each day toll rise to greater than $11 by 2028, in response to a proposal from the Golden Gate Bridge, Freeway & Transportation District.
The present tolls are $9.75 for bill funds for rare customers and $8.75 for FasTrak cross holders, in response to the transit company.
Every day bridge crossings have fallen for the reason that pandemic ushered within the rise of distant work and discount of commuter journey. Visitors on the bridge is now at 85% of pre-pandemic ranges with commute hours down nearly 30%, in response to an company workers report.
That has translated to a lack of as much as $30 million a yr, the workers report stated. The transportation company depends closely on bridge tolls to fund its operation and says it’s going through a five-year projected shortfall of no less than $220 million.
The brand new proposal lays out 4 doable toll price choices that will steadily improve over 5 years. The priciest possibility for motorists would generate $139 million over the five-year interval — nonetheless far in need of the anticipated funding hole.
“I used to be somewhat bit shaken by the truth that something we do is just half of the shortfall,” stated board member Barbara Pahre, who represents Napa County, as reported by the San Francisco Chronicle. “It’s not nearly tolls, it’s about cinching our belts somewhat bit. This would possibly find yourself being the straightforward half.”
The priciest possibility would increase tolls by 50 cents annually beginning in July. Beneath that possibility, FasTrak cross holders would see their each day toll rise to $9.25 this summer season and to $11.25 by 2028 whereas bill drivers who pay the best price would owe $10.75 this summer season and $12.25 by 2028.
A public listening to has been scheduled for Feb. 22 and the board will vote in March. Any new toll accredited would go into impact July 1, in response to the company.