DRPA Delays Hikes For PATCO Fare, Not Bridge Tolls

CAMDEN, NJ (CBS) — Faced with budgetary deadlines and threats of financial repercussions from Wall Street, the Delaware River Port Authority voted Wednesday to allow $1 bridge toll increases to take effect as scheduled next July.

But PATCO high-speed line riders are in line for a bit of a break.

PATCO’s scheduled ten-percent fare hike will not come on New Year’s Day, but rather on July 1st — the same day the DRPA bridge tolls go from $4 to $5. The board calls the PATCO change not a delay but a “realignment.”

And bond-rating agencies are not likely to downgrade the DRPA’s credit worthiness based on that action, according to CFO John Hanson.

“I do not believe there would be an issue with the rating agencies,” Hanson told the DRPA board, “provided that the $27 million that is anticipated through the toll increase remains in place.”

And commissioners have made it clear that it will — not that they’re thrilled about it.

But funding for future capital projects, including redecking of the Walt Whitman Bridge, are dependent on those bridge toll hikes.

Commissioners also approved operational and capital budgets for next year, both trimmed in light of the shaky economy.

Reported by David Madden, KYW Newsradio 1060.


One Comment

  1. jr says:

    Another reason to stick with the Tacony-Palmyra bridge. $2 is a bargain!!!

    1. Bob says:

      Don’t know if it’s true or not but my mother used to say the Tacony bridge when it was built was supposed to be a nickel till it was paid off then it was supposed to be free.

  2. itz says:

    The Governors of NJ and Pa should force the resignation of the entire DRPA board and president. Appoint non partisans, engineers and financial people who know how to run a bridge and transportation authority, persons who will use the tolls for what they were intended to be used for bridge maintenance and rail maintenance, Estey and company should be canned immediately.

  3. Up to Here! says:

    The WWB is a disgrace. The roadway is awful the rust is everywhere, not to mention that disgusting rust green color. Wasn’t the role of the DRPA to run and maintain the bridges? Why are we paying ever-rising tolls if a bond has to floated every time the routine maintenence work has been neglected for so long it requires a major repair/renovation? THE DRPA should be charged with criminal negligence and theft of services, because they don’t do their jobs.

  4. Jim_C says:

    I’ll do my best to adjust my work schedule to only cross the bridge 4x weekly instead of five. The DRPA can kiss my a$$. You can bet they don’t pay a toll every day. They should all resign their positions . The DRPA is a sham and a disgrace.

  5. Alec says:

    Great job, keep voting democrat. It’s worked so well for all of us. Idiots.

  6. jojo says:

    you have got to be kidding….all that misspent money and now commuters have to pay yet again for their negligence….i definitely won’t be crossing the bridges anymore come july

Comments are closed.

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