No toll increase this year for Tacoma Narrows Bridge

OLYMPIA — The state Transportation Commission has decided to suspend a 50-cent toll rate increase that had been planned for the Tacoma Narrows Bridge.

The increase was scheduled to take effect July 1 but has been replaced with an allocation from the state Legislature.

Toll rates — which are collected only on the eastbound bridge and are $6 for cars and motorcycles — are scheduled to remain at current levels through June 30, 2017.

Since July 2012, bridge users have experienced annual toll increases.

ADVERTISEMENT
0 seconds of 0 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
00:00
00:00
 

The largest annual cost for the Tacoma Narrows Bridge is the debt service payment, and law requires debt service payments, along with other costs like maintenance, operations and insurance, be paid with toll revenues.

The 30-year debt service schedule has payments going up every one or two years.

Historically, traffic volumes have not increased at the pace necessary to meet these growing debt obligations, so tolls went up.

But toll relief arrived this year. The state Legislature provided $2.5 million in gas tax revenues to pay for the bridge’s debt service payments coming due between July 1 and June 30 next year.

The commission will hold a final hearing to reflect in the administrative code the rate suspension decision. The hearing will start 1 p.m. May 17 at 310 Maple Park Ave. S.E. in Olympia.

To learn more about the commission, see www.wstc.wa.gov.

More in News

Caro Tchannie and her daughter Lola Hatch, 9, of Tulallip try a long string of beads at Squatchcon on Thursday at the Vern Burton Community Center gym in Port Angeles. Kevin VanDinter of Port Angeles was one of 60 vendors at the four day event, which continues through Sunday. (Dave Logan/for Peninsula Daily News)
Squatchcon underway

Caro Tchannie and her daughter Lola Hatch, 9, of Tulallip try a… Continue reading

Capital budgets include Peninsula

Millions in state funds earmarked

Mike Chapman.
Chapman asks not to employ legislative privilege

State senator removes an exemption to Public Records Act

Port of Port Townsend considering Short’s Farm access

Commissioners aim to balance public, agricultural use

Jefferson library director to start new job May 19

Meet-and-greet event scheduled for May 22

Man taken to hospital after car hits tree

A man was transported to a hospital after a single-car… Continue reading

Bypass roads to be installed at two fish passage sites

Contractors will begin construction of one-lane bypass roads at two… Continue reading

Emily Matthiessen/Olympic Peninsula News Group
Stew Cockburn stands in the spring annual section prior to it being for early spring gardeners.
New Dungeness Nursery planted in landscaping industry

Family and their employees work 2-acre location in Sequim

Partnership discussion may violate state law

OMC in Phase 2 of exploratory process

Members of the public take a guided tour at Port Townsend High School on Wednesday. (Elijah Sussman/Peninsula Daily News)
Port Townsend school district may seek $90M bond

Tour highlights high school’s infrastructure needs

A pair of wind surfers take off from the breakwater at Port Townsend Marina in an apparent race across the bay on Tuesday. (Steve Mullensky/for Peninsula Daily News)
Catching the wind

A pair of wind surfers take off from the breakwater at Port… Continue reading