Government Affairs Update
.jpg) All across the country major transportation projects have been halted as the nation faces an enormous transportation funding shortfall. Consequently, Congress recently infused the federal Highway Trust Fund (HTF) with $7 billion in order for it to be solvent for the remainder of the fiscal year.
In Texas, the three largest transportation revenue sources from 2008 to 2009 were from the federal HTF ($6.49 billion), the Texas State Highway Fund ($5.3 billion), and bond revenues ($4.01 billion). The Texas State Highway Fund, also known as Fund 006, revenue sources include reimbursements from the federal Highway Read More ›
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 On Aug. 3, the NTTA priced three series of revenue bonds totaling $1.42 billion. The majority of the proceeds of this sale will be used to fund the completion of construction on the Sam Rayburn Tollway, President George Bush Turnpike Eastern Extension and Lake Lewisville Toll Bridge and to provide new money for capital improvements and the feasibility study fund. A portion of the proceeds will be used to refund and/or remarket previous bond issues as well as fund a partial Read More ›
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Editor’s note: This is part of a series of columns from the NTTA’s Director of Business Diversity, Anthony Coleman.
The NTTA’s latest Availability and Disparity Study, which analyzed contracts granted between 2003 and 2007, was presented to the NTTA Administration Committee on Aug. 3 and will be presented to the full Board of Directors in September. The study showed that the NTTA has significant room for growth in this area: 3.07 percent of 2003-2007 prime contract spending went to minority- or woman-owned businesses, and 12.12 percent of spending
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Speed Limits Changing on NTTA Roads
The NTTA Board of Directors voted in August to adjust speed limits on the Dallas North Tollway (DNT) and President George Bush Turnpike (PGBT) based on the results of a speed study. The speed limits go into effect as soon as new signs are installed. Signage installation will begin Aug. 20, and will continue through Sept. 1. The recommended speed limits could not be implemented until environmental speed limit designations were Read More ›
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Sam Rayburn Tollway’s Third Phase to Open Fully by Oct. 1
The northern portion of the Sam Rayburn Tollway‘s (SRT) third phase will open to traffic Oct. 1, rounding out nearly 23 miles of vital roadway needed for improved mobility in the North Texas region.
The portion slated to open Oct. 1 extends north from Custer Road to Hardin Boulevard. The southern portion of phase three is slated to open Read More ›
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September is Time to
“Get a Tag”
Now is the time to add a TollTag to your account, or open a new account as the NTTA kicks-off its third annual "Get a Tag" promotion on Sept. 1
Having a TollTag offers numerous benefits:
- You can save money. Cash and ZipCash customers pay 50 percent more than TollTag customers.
- You can use your TollTag to travel on any toll road in Texas.
- You can use your TollTag for parking and/or Read More ›
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Do You Know Where Your Tolls Are Going?
As a regular TollTag customer, do you ever wonder where your tolls are going and what that revenue is used for?
The NTTA is dedicated to making sure those tolls are put to good use. Each time a vehicle passes through a toll booth, the funds collected go toward the construction, maintenance and operation of NTTA roadways. This, in return, helps the NTTA stay true to the mission of enhancing mobility in the region and allows the Authority to Read More ›
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What is Distance-Based Tolling?
The NTTA will roll out new toll rates on Sept. 1 that follow a more consistent, distance-based structure. In other words, the new rates will be more closely aligned to the miles driven. The further you drive, the more you pay per trip.
Currently, the Dallas North Tollway (DNT) and President George Bush Turnpike (PGBT) toll rates are uniform with each other, but not priced based on miles Read More ›
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Traffic to Switch Lanes on U.S. 75 near Sam Rayburn Tollway
All traffic on U.S. 75 in Collin County will soon be shifted onto the southbound side of the highway for approximately one mile near the Sam Rayburn Tollway (SRT) interchange.
This traffic switch is expected to occur at the end of September 2009. The NTTA will place electronic message signs to alert drivers prior to the switch. Read More ›
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NTTA Awards Largest, First Design-Build Contract
At its August meeting, the NTTA Board of Directors approved its largest single contract to date, in the amount of $414,154,692, in order to construct Phase 4 of State Highway (SH) 161. The contract is also the NTTA’s first design-build contract.
PrairieLink Read More ›
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After years of being known as the NTTA’s Third Party Vendor Program, the initiative has been renamed to reflect its new influence. The program is now known as Regional TollTag Partners. The program was originally created to give motorists additional places to get a TollTag, but it has grown to allow the NTTA to distribute TollTags, build community partnerships, distribute information about new projects and reach out to the whole region. Read More ›
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With the new school year getting underway, the NTTA is working closely with county, city and school district officials to ensure that drivers can travel through and around NTTA construction zones safely and efficiently. Read More ›
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Traffic is flowing across the Lewisville Lake Toll Bridge (LLTB), which opened Aug. 1, 2009. The days leading to the opening included several events to dedicate and celebrate the new Denton County landmark. Read More ›
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The NTTA Customer Service Center, TollTag and Administrative offices will be closed on Monday, Sept. 7, 2009, in observance of the Labor Day holiday.
All NTTA toll roads Read More ›
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