Tolls in Central Florida seeing smaller rate hike than originally expected
Officials freeze 15% increase planned for July 2018
This July, the tolls in Central Florida were expected to go up by 15 percent, but that's no longer happening.
The Central Florida Expressway Authority decided to make some changes to that plan. Starting in July 2018, drivers will instead pay 1.5 percent more, or the rate for inflation, whichever is higher.
"If you look at that, it's much easier to swallow a small increase every year than in 15 percent chunks," Seminole County Commissioner Brenda Carey said.
She said the 15 percent hike was originally implemented at a time when the Expressway Authority was having financial problems, but that's no longer the case.
"Month over month, year over year, we have out-tracked the revenues of what we had predicted," she explained.
Orange County Mayor Teresa Jacobs also wanted to point out that they will revisit this issue on a yearly basis to ensure the increases are still needed.
"We've established a framework, but I think we also had a very robust conversation about the fact that every year, we will be looking at this and making sure that those increases are necessary and that they relate back to the added costs that were incurring, not just arbitrary increases," Jacobs said.
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