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Posts Tagged ‘Garden State Parkway’

spending-moneySTATE—New Jersey motorists will pay more to travel along the New Jersey Turnpike and Garden State Parkway as toll increases long sought by Gov. Jon Corzine have finally taken effect.

The cost of an average 22-mile Turnpike trip will go up to $1.70 from $1.25. One-way tolls on the Parkway will go to 50 cents from 35 cents.

The governor originally wanted to sell off the toll roads in a complicated scheme that would have brought in up to $40 billion in cash, created new state debt to fund transportation projects and paid off some older bond notes.

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STATE – Gov. Jon Corzine approved the latest plan to raise tolls on the New Jersey Turnpike and Garden State Parkway, which will fund a host of transportation projects, last week.

The revised plan will raise tolls Parkway tolls from 35 to 50 cents in December, with another 25 cent increase planned for 2012. The average 23-mile trip on the Turnpike will increase in cost from $1.20 to $1.70 in December, and rise to $2.60 in 2012.

The latest plan scraps a third round of increases, which would have taken effect in 2023, that had been included in the previous proposal. It also includes discounts. Drivers using E-ZPass during off-peak hours will keep the current 25 percent discount they now receive. E-ZPass drivers who are over 65 will get a new 10 percent discount during off-peak hours. Truckers will get a new 5 percent discount for using E-ZPass during off-peak hours, and drivers of fuel-efficient vehicles will get an extra 10 percent discount.

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STATE – Gov. Jon Corzine approved the latest plan to raise tolls on the New Jersey Turnpike and Garden State Parkway, which will fund a host of transportation projects, last week.

The revised plan will raise tolls Parkway tolls from 35 to 50 cents in December, with another 25 cent increase planned for 2012. The average 23-mile trip on the Turnpike will increase in cost from $1.20 to $1.70 in December, and rise to $2.60 in 2012.

The latest plan scraps a third round of increases, which would have taken effect in 2023, that had been included in the previous proposal. It also includes discounts. Drivers using E-ZPass during off-peak hours will keep the current 25 percent discount they now receive. E-ZPass drivers who are over 65 will get a new 10 percent discount during off-peak hours. Truckers will get a new 5 percent discount for using E-ZPass during off-peak hours, and drivers of fuel-efficient vehicles will get an extra 10 percent discount.

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STATE – Public hearings on a proposed toll-increase package for the Garden State Parkway and the New Jersey Turnpike will be held next week. If approved in its current form, Parkway commuters would see a 143 percent toll hike and Turnpike drivers would see a 150 percent increase by 2023.

The nearest hearing will be held on Wednesday, Sept. 24 from 9 a.m. – noon at New Jersey Turnpike Authority Headquarters, 581 Main Street, Woodbridge.

The plan, which must be approved by Gov. Jon Cozine, would see the current 70-cent Parkway tolls jump to $1 in 2009. They would rise to $1.50 in 2012 and $170 in 2023. Exit ramp tolls would rise from 25 cents to 35 cents.

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