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Wednesday, May 21, 2014
Laura Johnson, WSDOT communications, 206-464-1249
OLYMPIA – New toll rates for the State Route 520 Bridge will take effect at midnight on July 1.
The change reflects the rate increases approved by the Washington State Transportation Commission to ensure the bridge generates enough revenue to cover costs. Tolling is on track to raise $1.2 billion of the funding needed to build the replacement bridge currently under construction.
Tolls on the SR 520 Bridge will increase approximately 2.5 percent for all toll rates. The current peak Good To Go! pass rate of $3.70 will increase to $3.80, and the peak Pay By Mail rate of $5.25 will rise to $5.40.
This is the third of four annual 2.5 percent rate increases for SR 520 planned through 2015. In July 2016, there is a planned 15 percent increase. No rate increases are planned after 2016 for financing purposes. However, the commission will monitor traffic and revenue data to ensure traffic flows are effectively managed and financial and legal obligations are met.
Good To Go! passes continue to be the most economical way for drivers to pay tolls on the SR 520 Bridge and other tolled highways. More information on the Good To Go! program can be found at www.wsdot.wa.gov/goodtogo/.
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