North Texas Tollway Authority (NTTA) will increase toll rates July 1, implementing a biennial toll rate schedule approved by the board. On average, TollTag rates will adjust one penny per mile, from 18 to 19 cents.
In Tarrant County, NTTA operates the Chisholm Trail Parkway.
Regularly scheduled toll rate increases help NTTA plan and fund transportation choices and meet its financial obligations, including repaying more than $9.25 billion in bonds issued to build area toll roads.
In addition, NTTA is reinvesting nearly $2 billion into capital projects, including constructing additional lanes on the Dallas North Tollway, the President George Bush Turnpike and the Sam Rayburn Tollway to alleviate congestion and provide additional mobility to North Texans.
NTTA does not receive taxes to operate and maintain its toll roads. Tolls are a method to recover costs from only those drivers who use the road. Tolls also go toward quality maintenance of existing tollways and NTTA’s safety and service programs.
Crews will be changing toll rate road signs in the coming weeks, and drivers should be alert to workers and give them space.
New rates take effect July 1.