Re: ....County-the 91 widening...
Author: FOR: "I guess" ....
Date: 09-13-2023 - 08:11

Note also... Wrote:
-------------------------------------------------------
> Those OC toll roads were on the verge of (if not
> technically there) bankruptcy for quite a while.
> Things have recovered mainly because simply having
> a way to get there today is worth the money to a
> lot of people now. A bit ahead of their time, I
> guess.

"While the bonds are not backed by the state of California, Caltrans, which maintains the TCA’s roads, must approve any refinancing that would extend the TCA’s debt repayment schedule. In 1997, the TCA got permission to extend tolling on California 241 and two nearby toll roads (Routes 133 and 261) from 2033 to 2036, to get more time to pay off the roads’ construction costs. In 2011, the TCA was allowed to extend that time further, to 2040. In 2013 it asked for and received approval to extend tolling even longer, to 2053. As a result of stagnant driving and the TCA’s financial woes, drivers in Orange County will be paying tolls on these roads for decades longer than originally anticipated.

The TCA has also raised toll rates, which, Businessweek reported, “helped the agency’s revenue reach a record $111.8 million... even as the number of vehicles using the roads fell to a 12-year low.” The TCA’s finances show no sign of improvement -- income has been “about 75 percent of projections,” according to Businessweek."

usa.streetsblog.org/2014/09/18/southern-california-road-agency-courts-bankruptcy-with-highway-addition



Subject Written By Date/Time (PST)
  Train to nowhere on a Saturday? El Gringo 09-10-2023 - 01:18
  Re: Train to nowhere on a Saturday? There are two trrains into LA in the AM now on weekends... But not to Perris BOB2 09-10-2023 - 06:41
  Re: Train to nowhere on a Saturday? There are two trrains into LA in the AM now on weekends... But not to Perris RCTCreep 09-10-2023 - 12:13
  Re: RCTC spent all of it's money on the project that ate Riverside County-the 91 widening... BOB2 09-10-2023 - 12:34
  Re: RCTC spent all of it's money on the project that ate Riverside County-the 91 widening... Nancy Trigger 09-10-2023 - 12:54
  Re: David missed a late one from the doped up sexually obsessed troll....County-the 91 widening... BOB2 09-10-2023 - 13:47
  Re: David missed a late one from the doped up sexually obsessed troll....County-the 91 widening... FUD 09-10-2023 - 14:37
  Re: David missed a late one from the doped up sexually obsessed troll....County-the 91 widening... Transportation Planner 09-10-2023 - 17:38
  Re: David missed a late one from the doped up sexually obsessed troll....County-the 91 widening... FUD 09-10-2023 - 20:21
  Re: SR 58 Kern Transportation Planner 09-11-2023 - 14:15
  Re: David missed a late one from the doped up sexually obsessed troll....County-the 91 widening... Another planner 09-12-2023 - 10:20
  Re: David missed a late one from the doped up sexually obsessed troll....County-the 91 widening... Note also... 09-12-2023 - 17:46
  Re: ....County-the 91 widening... FOR: "I guess" .... 09-13-2023 - 08:11
  Re: .... LMAO... Yep, OC Toll Roads have always been a financial mess... Just build it and they will come... BOB2 09-13-2023 - 08:50


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