Port Authority Promises No Hikes At Bridges And Tunnels For 2018

NEW YORK, NY — The Port Authority of New York and New Jersey will have a $628 million surplus next year and has no plans to charge more to cross its bridges and tunnels. Car drivers paying cash are already charged $15 during peak times.

The authority runs the Lincoln and Holland tunnels and the George Washington Bridge.

Spokesman Ron Marsico told NJ.com that, for the third year, the agency will not seek a toll increase. The Port Authority plans to spend $61 million more in 2018.

Officials say they expect to generate higher revenues from airports, parking, and additional income from World Trade Center and ports.

Tolls and fares provide 36 percent of the agency's revenue.

Lead image by AP/Julio Cortez