N.J. toll increases seen as incentive
Source: By Tom Hester Jr., Associated Press (NJ), May 24, 2007
New Jersey is leaning toward annually increasing tolls on some of the nation's busiest toll roads to help lure investors who would provide as much as $15 billion to help the state cut debt and pay for unmet needs, a state senator said yesterday.
…. On Tuesday, Corzine said that he expected to unveil a plan in about two weeks, but that it probably wouldn't involve leasing a toll road to a private company as Indiana and Chicago have done and Pennsylvania is considering. Instead, the governor said, he expected that the plan would involve creating a new state agency that would retain state control over assets. He wouldn't elaborate.