Tolls in the Garden State may be going up 50%

27 11 2007

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Gov. Corzine’s plan to raise tolls on New Jersey highways in order to cut state debt could lead to toll increases of 50 percent or more within two years of taking effect, Senate President Richard Codey said Monday, according to a report in the Asbury Park Press.

Codey, (D-Essex), said he does not know an exact figure, but that it’s “reasonable to say” tolls would rise by 50 percent or more, based on the amount of money Corzine hopes to raise in order to reduce the state’s $38 billion debt, the report said.

A 50 percent increase would mean a more than $3.20 increase on the $6.45 it costs cars to drive the length of the New Jersey Turnpike. A 70-cent Garden State Parkway toll would rise by 35 cents, the report said.

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