Item 450 | First Year - FY2021 | Second Year - FY2022 |
|---|
|
|
| Commonwealth Toll Facilities (60600) | $93,282,258
$83,665,648 | $93,642,614 |
| Toll Facility Debt Service (60602) | FY2021 $3,187,600
$2,955,750 | FY2022 $0 |
| Toll Facility Maintenance And Operation (60603) | FY2021 $53,344,658
$43,959,898 | FY2022 $56,892,614 |
| Toll Facilities Revolving Fund (60604) | FY2021 $36,750,000 | FY2022 $36,750,000 |
| Fund Sources: | | |
| Commonwealth Transportation | FY2021 $87,282,258
$77,164,367 | FY2022 $87,642,614 |
| Trust and Agency | FY2021 $6,000,000
$6,501,281 | FY2022 $6,000,000 |
Authority: §§ 33.2-1524 and 33.2-1700 through 33.2-1729, Code of Virginia.
A. Included in this Item are funds for the installation and implementation of a statewide Electronic Toll Customer Service/Violation Enforcement System.
B. It is the intent of the General Assembly that the toll revenues, and any bond proceeds or concession payments backed by such toll revenues, derived from the express lanes on Interstate 64 between the interchange of Interstate 64 with Interstate 664 and the interchange of Interstate 64 with Interstate 564 be used to reduce the necessary contribution from the Hampton Roads Transportation Accountability Commission established pursuant Chapter 26 of Title 33.2, Code of Virginia, for a project to expand the capacity of Interstate 64 between the interchange of Interstate 64 with Interstate 664 and the interchange of Interstate 64 with Interstate 564. However, such funds may be used to support other related projects if mutually agreed upon by the Hampton Roads Transportation Accountability Commission and the Commonwealth Transportation Board.
C. The Department shall not charge a fee to customers who have a EZ Pass flex or standard transponder based on the transponder not being used or being infrequently used.