The Port Authority, in December, approved a $10 billion operating budget and a sweeping $45 billion capital plan that will guide infrastructure investments across the region over the next decade, funded largely through toll, fare and fee increases. The 10-year capital plan includes major airport, transit and bridge projects in New York and New Jersey, while also advancing a series of scheduled price hikes affecting drivers, transit riders and air travelers.
Beginning later this year, car tolls at the agency’s six bridges and tunnels will rise by 3%, plus an additional 25 cents. Off-peak E-ZPass tolls will increase from $14.06 to $14.73, while peak E-ZPass tolls will rise from $16.06 to $16.79. Pay-by-plate rates for drivers without E-ZPass will increase from $22.38 to $23.05.
The plan also begins phasing out E-ZPass off-peak discounts starting in 2027. The difference between off-peak and peak E-ZPass tolls will shrink by 50 cents that year, with additional 50-cent reductions in each of the following three years.
The Staten Island Bridges Plan will remain unchanged.
Source: Lakewood Alerts
