TOLLING STUDY
Updated 38 days ago
Independent toll rate-setting authority, the ability to sell its bonds and procure it's toll-specific systems while still sharing staff and resources with MDOT...
The ability to hire necessary tolling-specific leadership and staff as new agency staff/consultants at industry-competitive salary levels should be further evaluated...
A new statewide tolling program in Michigan could generate enough revenue to fully fund the life-cycle costs of the tolled roadways, but would require a careful approach to implementation. Total program costs including road work, bridge work, and toll systems from 2026 to 2031 are $8.5 billion, which would be funded by toll revenue bonds. After 2031, toll revenue would fund all ongoing construction, operations, and maintenance in addition to debt service on bonds.