The DRBA is proposing a toll increase to fund essential capital construction programs at the Delaware Memorial Bridge and the Cape May – Lewes Ferry for the years 2019 through 2023. Implementation of the proposed toll increase is tentatively scheduled for March 1, 2019.
As you know, the DRBA relies solely on the revenues collected from the bridge and ferry systems to operate, maintain and fund the capital construction programs. We receive no support from either state. Approximately 36 million vehicles annually travel across the twin spans. Overall, our DMB customers provide approximately 76% of our total operating revenues.
A toll increase is necessary at this time in order to provide fiscally responsible funding for a series of essential capital improvement projects. Revenue projections are insufficient to provide borrowing capacity or cash to finance necessary capital projects. These projects are in keeping with the findings of professional engineers who inspect our facilities, and are consistent with improvements implemented on aging facilities similar to those owned by the DRBA