Reston Spring

Reston Spring
Reston Spring

Tuesday, February 26, 2013

MWAA's Proposed Use of $300MM Virginia Funding

Below are MWAA's potential reductions in Dulles Toll Road tolls stemming from Virginia's recent approval of $300 million more aid to reduce toll costs. 

In short, it shows a $.50 reduction in full toll rate growth beginning in 2015 that increases to $0.60 each year in 2023 and extending throughout the balance of the forecast period.  It suggests that this would result in a debt service (and toll cost) savings of $1 billion over the timeframe--out of more than $12 billion currently forecast--about an 8.3% reduction in toll costs now set to increase six-fold (609%) in the next 30 years. 

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