MBA Board says no toll increase for at least a year; commuter tolls go back to 2012 rates
MBA Board says no toll increase for at least a year; commuter tolls go back to 2012 rates
At its regular board meeting today, the Mackinac Bridge Authority (MBA) voted to keep 2014 toll rates at the 2012 level. The decision also rolls back commuter costs to 2012 rates effective January 1, 2014.
MBA Board Chair William H. Gnodtke stated, “As promised in 2007, we reviewed our financial data and have postponed any toll increase for at least one year and will re-evaluate in late 2014 to determine if further action is required.”
At the December 2007 MBA Board meeting, incremental toll increases were implemented between 2008 and 2013, with future action hinging on existing 2013 revenues. When MBA officials examine the financial data again in late 2014, they will determine what adjustments, if any, are required beyond 2014.
Gnodtke added, “The MBA Board and staff has done an outstanding job with efficiencies, such as reduced energy consumption, administrative costs, dark fiber leases, self-insurance, redefining commuters, and electronic tolling, which all has resulted in decreased costs. These efficiencies have allowed the Mackinac Bridge Authority to delay the planned 2014 toll increase for at least one more year.”
The 56-year-old Mackinac Bridge is maintained, and continues to operate, exclusively with toll revenue.
