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Monday, June 27, 2011

Myths Abound When Officials Talk Toll Increases

Democrats, Republicans both put us in this position

When Robert L. Ehrlich Jr. won election as governor in 2002, he was faced with a tricky problem.

He had campaigned on a pledge to build the long-delayed Intercounty Connector in suburban Washington. The highway project would cost a fortune, far more than the state could afford out of its Transportation Trust Fund, and the Republican Ehrlich had taken a hard line against new taxes. He had to come up with some way to pay the $2.6 billion it would eventually cost.

The answer? He would make it a toll road. And to give his policies a semblance of geographical balance, he would launch a second $1 billion-plus megaproject in the Baltimore area: widening Interstate 95 northeast of the city by adding express toll lanes.

The opposition was underwhelming. The public, accustomed to thinking of tolls as relatively painless trifles, hardly raised a fuss. Business leaders were thrilled. Journalists, including myself, were distracted by the sexy issue of slots and barely paid attention when tolls were raised on the Harbor and Susquehanna River crossings in 2003.

Yes, the environmentalists tried to warn us that the ICC tolls would be high. And they were proved right. But I don't recall them ever talking about the tolls on the Fort McHenry Tunnel and Key Bridge. Had they successfully tapped into concerns about regional equity, they might have been more effective.

When the Ehrlich administration came up with its debt-heavy financing package for the ICC and the I-95 Express Toll Lanes, legislators forced some tweaks but basically gave it their blessing. A few far-out liberals raised a fuss, but the Democratic leadership and Republican minority were all for it.

More than eight years later, we're getting the bill for those decisions. The Maryland Transportation Authority has proposed a sweeping set of toll increases, the most in the state's history. And unhappy motorists are looking for someone to blame.

Try the nearest mirror.

We put Maryland in this position collectively. We wanted to avoid higher gas taxes, but we wanted new highways, too. Our elected officials, with few exceptions, signed on the dotted line. As a state, we pawned the revenue from all our toll facilities — not just the new ones. And we got some great interest rates in the process.

What I — along with most of my readers — didn't realize then is that when you commit to toll financing, it's a little like selling your soul to Satan. Old Scratch isn't in the business of letting you out of the contract. Default on the devil and there's hell to pay.

Much of the reaction to the proposed increases shows that ordinary folks — and some extraordinary ones as well — just don't understand tolls.

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1 comment:

Anonymous said...

this author lies about the tolls... O'Malley raided the transportation fund to continue pensions and union expenses for state workers.. instead of balancing the budget by making hard choices...

O'malley is bankrupting the state and the democrats keep getting elected... go figure