PA-NJ Bridge Tolls Increase Next Week-cnbnews.net

DRPA TO INVEST NEW TOLL REVENUES TO MAKE BRIDGES, PATCO SAFER FOR REGION\’S TRAVELERS, CREATE UP TO 30,000 NEW JOBS

photo: Walt Whitman Bridge spans the Delaware River connecting New Jersey to Philadelphia and beyond.

The Delaware River Port Authority will use revenue from a toll increase that takes effect July 1 to repair and improve all four DRPA bridges and the PATCO Speed Line. The toll increase was approved by a previous Board in December of 2009 and will provide the needed revenue for $1 Billion dollars in planned capital improvements on critically needed repairs to roads, bridges and trains, making travel safer for the region\’s travelers while creating an estimated up to 30,000 private-sector jobs. According to the American Public Transportation Association (APTA), it is estimated that 30,000 direct, indirect and induced jobs are supported with every $1 Billion in construction spending.