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The toll roads maintained by TCA are financed with tax-exempt bonds on a stand-alone basis -- taxpayers are not responsible for repaying any debt if toll revenues fall short. Some California lawmakers and toll road advocates favor using similar local agencies to build and maintain tollways, especially after the controversy of authorizing a ...
SR 73's toll road was the first to be financed with tax-exempt bonds on a stand-alone basis, including construction and environmental risk. In 2011, $2.1 billion in debt for the San Joaquin Hills toll roads was restructured, which pushed back the time until the bonds are paid off and the route becomes a state-owned freeway to 2042. [7]
The system is used statewide on all of the toll roads, toll bridges, and high-occupancy toll lanes along the California Freeway and Expressway System. As with other ETC systems, FasTrak is designed to eliminate the need for cars to stop to pay at toll booths, thus decreasing the traffic congestion traditionally associated with toll roads.
Drivers may still pay using the FasTrak electronic toll collection device, or via a one time payment online 5 days before or after their trip on the toll road. [12] Drivers who do not pay after 5 days will be assessed an additional toll violation penalty. [13] There is one mainline toll gantry at Irvine Ranch.
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Users were able to use the app to manage up to 10 vehicles, track their toll expenses, plan trips, monitor pending toll charges, and offset their carbon footprint with a single account. Offered violation protection to protect against toll authority violation tickets. Owned by parent company Kapsch. Offered a pay-as-you-go option and memberships.
The groups that sought the EPA investigation say they have been excluded from critical discussions while excessive water diversions to supply agriculture and cities take a worsening toll on the ...
Drivers may still pay using the FasTrak electronic toll collection device, or via a one time payment online 5 days before or after their trip on the toll road. [32] Drivers who do not pay after 5 days will be assessed an additional toll violation penalty. [33]