There seems to be no better time than the present to invest in a TollTag as toll rates look to rise at the start of July. And though it may only be a penny, penny’s can add up quickly if you are headed down to the Dallas-Fort Worth area for a day of shopping or a weekend of summer fun.
According to the latest news presented on the drivingnorthtexas.com website, toll rates on NTTA roads are going to increase by a penny per mile beginning July 1.
This is part of the biennial toll rate schedule that was approved by their board directors to increase toll prices every other year.
“The toll rate will move from 18 cents to 19 cents per mile for TollTag customers. ZipCash customers – those who don’t have a TollTag – pay at least 50 percent more than the TollTag rate,” the website stated.
“NTTA increases toll rates on a regular, planned schedule so we can meet our financial obligations, including repaying more than $9.25 billion NTTA borrowed to build our roads and fund improvements to our existing roads for drivers in the region. Some of the improvements we’ve recently made include the addition of a fourth lane on sections of the Dallas North Tollway and the President George Bush Turnpike,” they continued to explain on the reasonings.
Driving North Texas also said in their online newsletter that they were re-investing nearly $2 billion in road improvements by 2023, including adding lanes to other existing NTTA roads to help relieve congestion.
“We don’t receive any taxes to operate and maintain our roads. Instead, tolls are paid only by drivers who choose to use NTTA toll roads. In addition to repaying debt, the tolls you pay go toward the high-quality maintenance of your toll roads and safety programs like our 24/7/365 roadside assistance,” NTTA stated in their press release.
Photo: Dallas Morning News