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Collapse of Key Bridge reduces tolls by $141 million, hastens likely toll increase

July 2, 2024

The collapse of the Francis Scott Key Bridge will cost the state an estimated $141 million in lost toll revenue over six years and may bring toll increases a year sooner than expected. That projected loss makes up the lion’s share of the revised forecast that includes a decrease in toll revenues across all facilities. “The forecast reflects a $153 million decline in toll revenues throughout the 2024 through 2030 forecast period,” Chantel Green, director of finance for the authority, said during a meeting of the Maryland Transportation Authority board Friday.

Article Source: Maryland Matters

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