Tollway 183A profits in high gear

From KXAN, March 27, 2009...

The new 183A toll road is more profitable than officials dreamed it would be, bringing in $5 million more than anticipated in 2008, according to new numbers released Friday by the Central Texas Regional Mobility Authority.

The 4.5-mile stretch of toll road brought in $15.5 million last year, a full 50 percent more than the $10 million authorities were expecting.

And it's stacking up to be a good year for the authority in 2009 as well.

Revenue from 183A for this past January alone almost $3 million, with the Pay-By-Mail late fees bringing in more than $48, 000.

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CAMPO, CTRMA seek feedback on 290 finance proposal

From Austin Business Journal, November 6, 2008...

The Capital Area Metropolitan Planning Organization, together with the Central Texas Regional Mobility Authority, is seeking public input on creating a financial system that allows toll revenue from U.S. Highway 183A to help finance a planned portion of U.S. 290 East.

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MoPac managed lanes may go further south

From Austin Business Journal, May 30, 2008...

Transportation leaders are talking about whether the two managed lanes planned for MoPac Expressway, approved by the Capital Metropolitan Planning Organization for its short-term transportation improvement plan, should be extended further south than originally planned. The project, estimated to cost $110 million when CAMPO approved it last year, calls for the lanes, one in each direction, to run from Parmer Lane to Lady Bird Lake.

Recently, the Central Texas Regional Mobility Authority began discussing the possibility of whether extending the lanes further south past the river near Capital of Texas Highway or U.S. 290 would also make sense, says CTRMA executive director Mike Heiligenstein.

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