- Pennsylvania Turnpike Adopts 2027 Budget And New 10-Year Capital Plan
- New Hampshire House Committee Recommends Toll Hike Bill Undergo Further Study
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Pennsylvania Turnpike Adopts 2027 Budget And New 10-Year Capital Plan
At its May 5 meeting, the Pennsylvania Turnpike Commission (PTC) unanimously approved a 2027 operating budget and a 2027-2036 capital plan. The $478 million annual spending plan represents four percent year-on-year growth. The capital program envisions an $8.29 billion investment in infrastructure over ten years.
PTC projects it will receive almost $2 billion of revenue in 2027, half of which it will allocate to debt service. PTC noted that the $16 billion burden of debt imposed by Act 44 of 2007 “makes it critical . . . to continue with its conservative budgeting strategy. Balancing an escalating debt portfolio means focusing on cost management and capital plan project prioritization.”
The operating budget includes $38 million to complete and launch “Journi,” PTC’s new back-office system. It will enhance customer experience and streamline both communications and transactions. To prepare for the 2027 implementation of open-road tolling on the turnpike’s western section, the budget funds interchange conversion and reconfiguration, as well as the deployment of tolling technology.
2027 capital investment will total $873.9 million. PTC plans to spend $545.8 million of that amount on new and continuing projects to enhance its road infrastructure, “improving safety, reducing congestion and providing a more efficient travel experience for . . . customers.” Funding is allocated for 20 projects that are part of the landmark Total Reconstruction Initiative.
When ready for posting, the new operating budget and the updated capital plan will be available to download.
Sources: PTC news release
AET (All-Electronic Tolling) Company and Agency Financial Issues And Reports Highway-Tunnel-Bridge Maintenance Open-Road Tolling Pennsylvania Pennsylvania Turnpike Commission (PTC)New Hampshire House Committee Recommends Toll Hike Bill Undergo Further Study
Legislation (SB 627) approved by the New Hampshire Senate to modestly increase turnpike toll rates for motorists who pay cash or don’t use a New Hampshire E-ZPass account has stalled in the House. On May 4, the chamber’s Ways and Means Committee voted 11-9 along partisan lines to recommend the bill undergo interim study. If the recommendation is adopted by the full House, final action on the bill will be delayed by at least six months.
Republican lawmakers took the position that further study is warranted to determine what effect a toll hike would have on tourism. Democrats argued the state needs additional revenue now to address its transportation funding “crisis.” They also suggested that the small increase provided for in the measure is unlikely to deter visits to the state. It was noted in debate that the neighboring states of Maine and Massachusetts already charge higher rates for use of an out-of-state E-ZPass account.
Company and Agency Financial Issues And Reports E-ZPass ETC Systems New Hampshire New Hampshire Department of Transportation (NHDOT) Toll Rate-SettingSubscription Information
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