Manhattan Congestion Pricing Toll Likely To Be $15

The New York Times reports:

The nation’s first congestion pricing program is taking final shape in New York City, and most drivers appear likely to pay $15 to enter some of the busiest streets in Manhattan as soon as next spring. Transit officials on Wednesday provided the clearest picture yet of the tolls they hope to implement to collect roughly $1 billion annually to fund improvements to the subway and bus networks.

Cars will pay a toll of up to $15 once per day, and commercial trucks will pay as much as $36. Taxis will add $1.25 per fare and ride-hail apps like Uber and Lyft will tack on an extra $2.50 per ride. London, Stockholm and Singapore have congestion programs that are considered models because they have successfully reined in traffic. The advisory group’s tolling structure also has minimal exemptions.

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