But the need to fund a five-year capital program could lead to bridge toll increases later in the year, an authority spokeswoman said.
Spokeswoman Danelle Hunter said the authority will also consider alternatives to toll increases.
The regional transportation agency approved $79.7 million for operations and $93.6 million for capital expenses for its four bridges (Benjamin Franklin, Walt Whitman, the Commodore Barry and the Betsy Ross), the PATCO train line, the Philadelphia Cruise Terminal and the RiverLink Ferry.
The budget, a $3.4 million or 4.4 percent increase over last year, doesn't increase PATCO fares. PATCO, which will have a $42.5 million operating budget, received a $1.5 million or 3.6 percent increase in its budget over last year.
DRPA anticipates $195.4 million in toll revenue, which is projected to remain relatively flat next year. PATCO ridership is also expected to remain relatively flat, reported DRPA, which projected a $99,400 increase in PATCO revenue over last year.
DRPA faced higher personnel costs, health insurance, maintenance/vehicle repairs, fuel, utility and other operating costs.
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source: bizjournals.com
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