Skip to main content

Connecticut mulls toll roads

In a bid to narrow the state's budget gap, lawmakers in Connecticut are considering the reintroduction of toll roads. The state is facing a budget shortfall of US$3.5 billion – around 18 per cent of its total spending, and the proposal would see the introduction of electronic tolls around the state's entry points. According to a Cambridge Systematics study, annual toll revenue could reach $600 million with a fee of $5 to cross tolling points. It is thought that the move may be accompanied by a gas tax reduc
May 17, 2012 Read time: 1 min
RSSIn a bid to narrow the state's budget gap, lawmakers in Connecticut are considering the reintroduction of toll roads. The state is facing a budget shortfall of US$3.5 billion – around 18 per cent of its total spending, and the proposal would see the introduction of electronic tolls around the state's entry points. According to a Cambridge Systematics study, annual toll revenue could reach $600 million with a fee of $5 to cross tolling points. It is thought that the move may be accompanied by a gas tax reduction to offset toll charges.

Related Content

  • Tolling is the 21st century’s road funding solution
    June 5, 2015
    HNTB’s Rick Herrington and Brad Guilmino put the case for tolling. Tolling is becoming the 21st century solution of choice for generating additional user-based transportation revenue. The proven funding source is being seriously considered for expanded use by cities, states and even the federal government with support from elected officials across the political spectrum. In fact, with each federal transportation reauthorisation, tolling restrictions have been relaxed.
  • Moody’s projects positive 2017 outlook for US toll roads industry
    December 2, 2016
    The outlook for the US toll road industry remains positive, reflecting the expectation of continued strong traffic and revenue growth in the next 12 to 18 months, according to Moody’s Investors Service in its yearly outlook, Tolls Roads – US: 2017 Outlook – Strong Traffic and Revenue Growth Support Positive Outlook. Moody’s estimates that median traffic growth among 48 rated toll roads will range from three per cent to four per cent in the remainder of 2016 and into 2017, and that median toll revenue wil
  • India to deploy ETC at 82 toll plazas
    September 19, 2014
    Established in 2011, Indian technology and infrastructure company Vaaan has been awarded two major projects valued at around US$25 million from the National Highways Authority of India (NHAI) through its highway operations management agency, Indian Highways Management Company (IHMCL). The company is to deploy electronic toll collection (ETC) on 164 dedicated lanes across 82 public funded toll plazas in a bid to to reduce traffic congestion and commuting time. In addition, in a move to identify which h
  • Fuel for Thought: The what, why and how of motoring taxation
    May 15, 2012
    The Institute for Fiscal Studies (IFS) has highlighted the dilemma facing many governments – motoring tax income set to fall even as traffic rises - in an analysis of the decline in the amount of revenue collect from fuel duty and VED (vehicle excise duty) in the UK. The collapse in income from motoring taxation will be caused by increasingly fuel efficient petrol and diesel cars, and the predicted large-scale take-up of electric vehicles.