Skip to main content

NC Legislature to debate toll funding

The issue of whether or not the state of North Carolina should help fund the $20 million gap for the Triangle Expressway toll project will take center stage within the NC General Assembly and Senate over the upcoming weeks.

In a WRAL-TV report Friday night, more detail was given on the upcoming legislative debate on toll financing. The North Carolina Turnpike Authority estimates that there is a $20 million gap in costs to built the highway and revenue they will receive in tolls.

If the measure isn't passed - lawmakers hope to have a decision made by July 16 -, the NCTA says the project - and as a result other projects like the Cape Fear Skyway - will be in jeopardy.
“Without the gap funding, the project certainly is in question,” said Steve DeWitt with the Turnpike Authority.

“There are other ways to do it, although they’re not quite as palatable. Private market, through a public-private partnership, is an option. It's not the best option for this state, but it is an option,” said DeWitt.
The private-public partnership idea may see more discussion in the upcoming weeks. It is used elsewhere worldwide (South America and Europe) and the idea has been gaining more momentum within the United States.

There are concerns on the concept which includes a concessionaires agreement between the state and the private investment. Are the tolls to be regulated etc? Control of maintenance etc.?

Obviously, the decision of the General Assembly will have a great impact on the future of toll roads and toll financing within the state. A 'no' vote does damage the prospect of toll highways being built, but it doesn't kill the idea altogether. A 'yes' vote means the Triangle Expressway is very likely going to be built as a toll road, and it breathes life into other toll projects. It's going to be an interesting couple of weeks.

Comments

Popular posts from this blog

The Bayshore Freeway (US Route 101)

The Bayshore Freeway is a 56.4-mile component of US Route 101 located in the San Francisco Bay Area.  The Bayshore Freeway connects the southern extent of San Jose to the Central Freeway in the city of San Francisco.  The corridor was originally developed as the Bayshore Highway between 1923 and 1937.  The Bayshore Highway would serve briefly as mainline US Route 101 before being reassigned as US Route 101 Bypass in 1938.  Conceptually the designs for the Bayshore Freeway originated in 1940 but construction would be delayed until 1947.  The Bayshore Freeway was completed by 1962 and became mainline US Route 101 during June 1963.   Part 1; the history of the Bayshore Freeway Prior the creation of the Bayshore Highway corridor the most commonly used highway between San Jose and San Francisco was El Camino Real (alternatively known as Peninsula Highway).  The  American El Camino Real  began as an early example of a signed as an Auto Trail starting in 1906.  The era of State Highway Mainte

Former US Route 101 and California State Route 41 through Paso Robles

Paso Robles is a city located on the Salinas River of San Luis Obispo County, California.  As originally configured the surface alignments of US Route 101 and California State Route 41 converged in downtown Paso Robles.  US Route 101 originally was aligned through Paso Robles via Spring Street.  California State Route 41 entered the City of Paso Robles via Union Road and 13th Street where it intersected US Route 101 at Spring Street.  US Route 101 and California State Route 41 departed Paso Robles southbound via a multiplex which split near Templeton.   Pictured above is the cover of the September/October 1957 California Highways & Public Works which features construction of the Paso Robles Bypass.  Pictured below is the 1935 Division of Highways Map of San Luis Obispo County which depicts US Route 101 and California State Route 41 intersecting in downtown Paso Robles.   Part 1; the history of US Route 101 and California State Route 41 in Paso Robles Paso Robles ("Pass of the

Paper Highways; US Route 20 Alternate over Teton Pass

The 8,431-foot-high Teton Pass lies in the Teton Range of the Rocky Mountains within Teton County, Wyoming.  Presently Teton Pass is crossed by Wyoming Highway 22 and Idaho State Highway 33.  At one point the highway over Teton Pass was signed as US Route 20 Alternate.  US Route 20 Alternate was over Teton Pass never formally approved by the American Association of State Highway Officials nor has the corridor ever been officially part of a US Route.  The image above was taken from the 1949 Rand McNally Map of Idaho, Wyoming and Montana which shows US Route 20 Alternate branching from US Route 20/US Route 191 near Sugar City, Idaho and crossing Teton Pass towards Jackson, Wyoming.   Part 1; the history of US Route 20 Alternate over Teton Pass No major Auto Trail was ever assigned to Teton Pass as evidenced by the 1925 Rand McNally Map of Idaho, Montana and Wyoming .  On the Wyoming side Teton Pass can be seen as part of Wyoming Highway 25 ("WY 25") whereas no State Highway is