Full Cost of Paying Off Texas Toll Debt Is $36.7 Billion, TxDOT Reports

The Texas Tribune reports, “Paying off most of the debt Texas has racked up building toll roads would cost about $36.7 billion, a final report from the Texas Department of Transportation revealed, a tall order for state lawmakers who would like to wean the state off tolled highways.” The new estimate is significantly higher than a preliminary estimate TxDOT shared with legislators earlier this year. The report triggered a vigorous discussion of tolling and its alternatives during a September 14 meeting of the Senate Transportation Committee, the newspaper notes.