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re: Why is LA so against toll roads?
Posted on 6/2/17 at 2:50 pm to TigerintheNO
Posted on 6/2/17 at 2:50 pm to TigerintheNO
quote:
Only 9 percent is used to pay off the bonds that paid for the second span, the ostensible reason to charge tolls in the first place. That debt will be retired two months before the tolls expire on Dec. 31, 2012. The tolling operation is so bloated and inefficient that it actually costs $1.35 to collect a $1 toll.
You realise that it was completely self-sufficient? Didn't take a dime from the DOTD.
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