Golden Gate Bridge officials announced Friday a plan to raise bridge tolls for the next five years starting this summer, as the agency faces a budget shortfall.
SAN FRANCISCO â The Golden Gate Bridge, Highway & Transportation District voted on a plan that would raise tolls for most customers 50 cents per year over the next five years, starting on July 1.Under the plan, the toll for two-axle vehicles with a Fastrak transponder will go up from $8.75 to $9.25 to cross the bridge in July. meanwhile pay-as-you-go customers will pay $9.50, up from $9.00, while invoice customers will pay $10.25, up from $9.75.
By the end of the five years, the toll for a two-axle vehicle using Fastrak will be $11.25 under the plan, according to a staff report. Tolls for carpools and disabled customers will rise to $7.25 starting in July.Officials approved the toll hike plan, citing a $220 million five-year budget shortfall based on current transit service levels and ongoing costs to maintain and secure the bridge. The toll hikes are expected to raise $139 million over the next five years.
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