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Why aren't The Toll Roads freeways?
Originally The Toll Roads were planned to be freeways but traditional
state or federal funding was not available. With projections of
new housing development and an influx of population in the area,
the need for new roads was critical. Instead of waiting for state
or federal funding, Orange County leaders decided in the early 1980s
to look at alternative ways to fund road construction.
In 1986, the state legislature authorized the creation
of the Transportation Corridor Agencies (TCA) to collect tolls to
finance, design, build, and operate the roads. TCA was authorized
to issue non-recourse bonds that could be sold to private investors,
and to collect tolls to repay the bond debt. Without this innovative
financing plan, the roads would not have been built and existing
roads would carry the burden of additional traffic.
How many people use The Toll Roads?
About 300,000 trips are taken on The Toll Roads each weekday.
In FY 2008, more than 95 million toll transactions were recorded.
Wouldn't there be more traffic if the toll rates
were lowered?
The toll rates are set to ensure that the revenue needed to make
bond payments is collected and that traffic continues to be free
flowing on The Toll Roads. More people would likely drive the roads
if the tolls were lower, but traffic would have to increase at a
much higher rate to make up for the lost revenue. The increased
number of cars would limit the roads' capacity and slow traffic
to a point that people who choose The Toll Roads wouldn't get what
they're paying for - a congestion-free drive that saves time.
When did The Toll Roads open?
The roads opened in phases between Oct. 1993 and Feb. 1999.
The first 3.2-mile segment of the Foothill (SR-241)
Toll Road opened in Oct. 1993, and a second 3.2-mile extension between
Antonio Parkway and Oso Parkway opened in 1999.
The completed San Joaquin Hills (SR-73) Toll Road
opened in Nov. 1996.
The 24-mile Eastern Toll Road opened in 1998, 14 months
ahead of schedule and under budget. The west leg of the Eastern
(SR-261) Toll Road opened in 1999.
How much did the toll roads cost to build?
San Joaquin Hills (73) Toll Road -- $800 million
Foothill/Eastern (241/133/261) Toll Road -- $965 million
Who oversees the TCA?
The Transportation Corridor Agencies (TCA) is made up of two
public agencies -- the San Joaquin Hills Transportation Corridor
Agency, which oversees the San Joaquin Hills (SR-73) Toll Road,
and the Foothill/Eastern Transportation Corridor Agency, which oversees
the Foothill (SR-241) and Eastern (SR-241, SR-261, and SR-133) Toll
Roads. Each Agency is governed by a Board of Directors made up of
elected officials from cities and county districts that are adjacent
to the toll roads. Directors are appointed to the TCA Board by their
respective cities.
Why are there two Boards
of Directors?
The Transportation Corridor Agencies is actually two distinct governmental
entities -- the San Joaquin Hills Transportation Corridor Agency,
which oversees the San Joaquin Hills (SR-73) Toll Road, and the
Foothill/Eastern Transportation Corridor Agency, which oversees
the Foothill (SR-241) and Eastern (SR-241, SR-261, and SR-133) Toll
Roads.
Each agency is a separate, independent authority.
Funds are separate for each agency and one staff of about 85 people
serves both Agencies.
Is TCA a private, for-profit company?
No. TCA are two public agencies governed by local elected officials
representing cities and county Supervisorial districts. The money
collected at the tolls is primarily used to repay the bonds that were issued to build the roads. These bonds were sold
to private investors, and state and local taxpayers are not liable
for any debt payments.
What is the difference between TCA's toll roads
and the 91 Express Lanes?
The Toll Roads (SR-73, SR-241, SR-261, and SR-133) were planned,
financed, built, and are operated by TCA, two non-profit public
agencies. TCA operates the toll-collection system, but Caltrans
maintains and owns The Toll Roads. Until recently, the California
Private Transportation Corporation, a private company, operated
the 91 Express Lanes, a 10-mile tollway located in the median of
the 91 Freeway between Anaheim and the Orange/Riverside County border.
Now, the Orange County Transportation Authority (OCTA), a public
agency, operates the 91 Express Lanes.
Are the taxpayers responsible if The Toll Roads
fail?
No. The majority of funding comes from non-recourse toll revenue
bonds. These bonds are backed by future toll revenue, not by the
state or any local government, thus state and local taxpayers have
no responsibility to repay the bonds. In fact, The Toll Roads were
one of the first major transportation facilities in the nation to
be financed with zero federal dollars and very little state revenue.
What is TCA's budget for fiscal year 2009?
San Joaquin Hills TCA: $139.5 million. Foothill/Eastern TCA: $284.9
million.
Total projected FY2009 revenue for both agencies is
$294 million.
What is the development impact fee program?
Whenever a building permit is issued for new development within
an established area of benefit, a one-time fee is collected. These
development impact fees are collected on both residential and non-residential
development and are computed using rates established by the TCA's
Boards of Directors. The cities and
counties in the areas of benefit are responsible for administering
the fee program within their respective jurisdictions.
What is TCA's relationship with Caltrans?
TCA planned, financed, and built The Toll Roads and currently
operates the toll-collection system. Because The Toll Roads are
part of the state highway system, Caltrans owns and maintains The
Toll Roads. The Toll Roads were designed and constructed to the
standards and specifications of Caltrans.
More questions? Check commonly
asked questions about using The Toll Roads.

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