Regional Boards > Southeast
Cross Island Parkway
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Alex:
Eliminating tolls must be weighed against options
--- Quote ---We'll need to compare specific alternatives for paying for the road before we know whether removing the tolls is a good idea.
The $39 million still owed on the $81 million project won't go away if the tolls are eliminated. The debt is now scheduled to be paid off in 2022.
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--- Quote ---Sure, no one likes to pay a toll, and few welcomed last year's increase from 50 cents to 75 cents for Palmetto Pass holders and from $1 to $1.25 for others. The state also tacked on a $1 monthly administrative fee. But is the cost too onerous for most users?
The toll road had been operating at a loss for all but one year -- after the debt was refinanced -- when the tolls were increased in 2008. Totals for revenue and expenses since the toll increases weren't immediately available.
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Chris:
I was like "wtf, tolls on the Cross Island Parkway?", but then I realized it wasn't the New York parkway, but the one in South Carolina :colorful:
Won't people just go around the other side of the island?
Alps:
--- Quote from: Chris on November 14, 2009, 05:50:51 PM ---I was like "wtf, tolls on the Cross Island Parkway?", but then I realized it wasn't the New York parkway, but the one in South Carolina :colorful:
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I was like "wtf, Cross Island Parkway in the Southeast thread?"
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