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Old 09-18-2012, 06:41 AM
 
Location: DFW
40,901 posts, read 48,682,316 times
Reputation: 54858

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Quote:
Originally Posted by cy_flembeck View Post
Do I have this correct, in calculating the costs you pay a separate fee to get on the tollway AND also a fee for the distance you travel?
That's true. I travel GBTR everyday and the other toll roads regularly. Being in Las Colinas it used to take me an hour or more to get to Frisco or McKinney before GBTR and that trip now has been reduced to about 30 minutes. So for me, time is money.

AS GBTR is built south, it will open up the Mansfield area for more people able to live down that area and work in Las Colinas. That has been a hard thing to do.

The New 121 to the airport has cut the time in half for people coming from the northern suburbs. DART will open to the airport next year and that will be a big "Wow".
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Old 09-18-2012, 07:05 AM
 
Location: Blah
4,153 posts, read 9,212,380 times
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Quote:
Originally Posted by cy_flembeck View Post
Wow, that seems like a lot of money just to drive in your home metro area. I guess it is safe to say that the lack of a state income tax is offset there by the tolls and property taxes.
It's my understanding that the NTTA (Tolls) is a private business...vs say a State fund raiser.

Anyhow, our toll useage is slightly less since we don't rely on the Toll and I don't always take the toll both ways. So I'm guessing it's probably in the $200-300 range.
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Old 09-18-2012, 08:28 PM
 
6,642 posts, read 13,853,975 times
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I pay about $30 a year although I live in Mesquite and work at Plano/Frisco boundary. I do by my best to avoid the toll road but if I am running late it saves me 10 minutes. I'm already paying $13 a day for gas so adding another $8 to this figure does not appeal to me. I lose about 10 minutes each way avoiding the toll road.
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Old 09-19-2012, 10:30 AM
 
2,206 posts, read 4,712,378 times
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Quote:
Originally Posted by cy_flembeck View Post
Wow, that seems like a lot of money just to drive in your home metro area. I guess it is safe to say that the lack of a state income tax is offset there by the tolls and property taxes.
Texas is a very big and diverse state.

Why should the rest of the state subsidize the large metro areas' road construction needs?

Toll roads are a political compromise so TXDOT can have money to build roads in the (poorer) rest of the state.

The other tax related compromise is the use of property tax funds in the richer school districts to fund the poorer ones.

This is unlike other large states where the major metro areas and state agencies suck up all the oxygen.
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Old 09-19-2012, 10:45 AM
 
Location: Plano, TX
501 posts, read 1,454,437 times
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As an appraiser I have 60,000 miles on my 2010 "work" car, if that gives you some indication of how much driving I do on a regular basis. Last year I had $3200 in toll tag charges. That does include 4 or 5 extended parking periods at DFW (4 or 5 days) on longer trips I use off premises parking. Most of my appraisals are in Collin or Denton counties so the DNT, George Bush and 121 are used daily.
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Old 09-19-2012, 11:27 AM
 
Location: Blah
4,153 posts, read 9,212,380 times
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Quote:
Originally Posted by TX75007 View Post
Texas is a very big and diverse state.

Why should the rest of the state subsidize the large metro areas' road construction needs?

Toll roads are a political compromise so TXDOT can have money to build roads in the (poorer) rest of the state.

The other tax related compromise is the use of property tax funds in the richer school districts to fund the poorer ones.

This is unlike other large states where the major metro areas and state agencies suck up all the oxygen.
I was under the impression that toll roads are privately held/built by outside investors...the Dallas North Toll being owned by Spain for example. The toll rights are sold and the funds from that could be used to support other roads but doesn't everything else from that point on go back to he investors?
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Old 09-19-2012, 12:02 PM
 
16,087 posts, read 40,945,294 times
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I had to drive to The Colony (thought I would never get there!) for a football game last Friday night so I went up "The Tollway" passing LBJ (which will soon have toll lanes), Bush Turnpike (toll) and had to get on 121 which is now the Sam Rayburn Tollway to get to the game - then reversed the process to get back home ...I guess it's sort of a fact of life for those of you living up there, but I don't like it! The people drive like maniacs for one thing...do they ever issue speeding tickets on these tollroads?
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Old 09-19-2012, 12:17 PM
 
2,206 posts, read 4,712,378 times
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Quote:
Originally Posted by SVTRay View Post
I was under the impression that toll roads are privately held/built by outside investors...the Dallas North Toll being owned by Spain for example. The toll rights are sold and the funds from that could be used to support other roads but doesn't everything else from that point on go back to he investors?
LOL.

NTTA is a semi-public agency charted by the state of Texas. It board is controlled by north tx counties and the governor's office. Not Spain.

DNT and PGBT is owned and operated by NTTA, meaning North Texas.

OTOH, TXDOT is offering some projects to investors who will get to operate the roads. NTTA was able to outbid others for 121.

If the US were to privatize retirement accounts to a national franchise, then we would see US-based investment agencies like Australia's Macquarie being able to take on large, long-term projects like Toll Roads.

Most US Private Equity cannot take on a 30 year investment like a road or other types of infrastructure due to Fiduciary laws and legal restraints. A lot of groups in the US want to get in on toll roads, but the legal cloud over investment return and who owns the asset prevents them. For example, if the investment firm goes bankrupt, can the creditors seize the road. Probably not. No bank will extend a line of credit given that issue.

Spanish firms can get in on this because they are not bound by US laws on this. As are many other foreign firms.
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Old 09-19-2012, 12:57 PM
 
Location: Forney Texas
2,110 posts, read 6,424,403 times
Reputation: 1185
$1200 and I drive the Dallas North Tollway to Downtown from Plano every day. I am planning on moving closer to 75 so I dont have to pay the tolls.
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Old 09-19-2012, 03:32 PM
 
384 posts, read 592,174 times
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Quote:
Originally Posted by DaveG99 View Post
$1200 and I drive the Dallas North Tollway to Downtown from Plano every day. I am planning on moving closer to 75 so I dont have to pay the tolls.
Thanks for pulling the thread back on track Dave.
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