The Kitsap Sun is reporting that a $1 per car toll increase on the Tacoma Narrows Bridge west of Tacoma, Washington is “close to a done deal.”
On July 1, rates will rise to $5 for Good To Go! electronic payment, $6 at the toll booths and $7 for pay-by-mail. A déjà vu will occur one year later.
WSDOT believes that if tolls on the bridge don’t rise, there’s a good chance that the state won’t have enough tolling revenue to cover the financing costs for the $728 million second span, which was opened to the public in 2007. Tolling shortfalls, in turn, could force WSDOT to dip into general transportation funds for a project that was supposed to pay for itself.
As the chart below shows, traffic across the bridge has consistently failed keep up with the forecasts. Traffic has been basically flat: despite a modest uptick in 2014, actual traffic volumes (the thick green line) are still about the same today as in 2009.