Why are tolls still going up if payments to the Commonwealth have decreased?
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Why are tolls still going up if payments to the Commonwealth have decreased?
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The Turnpike’s debt service — the repayment of bonds — will continue to rise even though borrowing has ended, growing to an annual maximum of $600 million by 2038 before declining. The Turnpike will be obligated to continue increasing tolls each January. Based on current traffic-and-revenue projections, the Act 44 financial plan calls for toll increases of 5% through 2025, 4% in 2026, 3.5% in 2027, and 3% annually from 2028 until 2050.
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