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A Closer Look Pricing Across the States Mark Muriello, Port Authority of New York and New Jersey Jim Ely, Florida's Turnpike Enterprise Jeff Buxbaum, Cambridge Systematics, Inc. Ellen Burton, Orange County Transportation Authority TOLL ROAD APPLICATIONS: terminals. Five underlying policy objectives were estab- PERSPECTIVES FROM THE PORT AUTHORITY OF lished: (a) encourage traffic shifts to off-peak periods, (b) NEW YORK AND NEW JERSEY encourage use of mass transit and higher vehicle occu- pancy, (c) increase the number of E-ZPass electronic toll Mark Muriello transactions, (d) create commercial traffic management incentives, and (e) eliminate frequency-based commuter The Port Authority of New York and New Jersey oper- discount programs. ates and maintains six interstate vehicular crossings, Toll rates (in dollars) were set as shown in the fol- three bus terminals, the Port Authority Trans-Hudson lowing table. (PATH) rapid transit system, the New York and New Jersey airports, and major marine terminals in New E-ZPass York and New Jersey. The authority is financially self- Peak sustaining. It covers the operations, maintenance, and (Weekdays capital investment needs of its facilities through user 69 a.m. E-ZPass fees, including tolls at the vehicular crossings. and 47 p.m.; Weeknight On March 25, 2001, the authority introduced the Weekends E-ZPass (Midnight Value Toll Pricing Program at the six tunnels and bridges Cash Noon8 p.m.) Nonpeak 6 a.m.) that connect New Jersey with New York City. Since that Auto- time, the program has generated incremental revenue to mobile support an aggressive intermodal capital investment pro- (east- gram and has produced traffic management benefits to bound address congestion. The authority's Value Toll Pricing only) 6.00 5.00 4.00 3.50 Program represents one of the most aggressive applica- Truck tions of value pricing on existing toll facilities in the (east- United States. The program has generated meaningful bound steps in addressing traffic congestion through market per axle) 6.00 6.00 5.00 3.50 incentives. The overall goal of the program was to generate rev- An effective stakeholder outreach and public com- enue to support a 5-year capital investment program munications plan was essential in advancing the pro- composed of projects totaling $14 billion through a pack- gram. In particular, we found that outreach to age of interstate tolls and fares sufficient to cover the newspaper editorial boards paid tremendous benefits in deficits produced by the PATH transit system and the bus educating the public and shaping opinion. 24