Gosh, the great hallmark of California—freeways and cars—may be entering a somber period, mourning requested.
California's future may be paved with fees
Voter-approved bonds won't bankroll all of the state's new roads. Up ahead: public and private tollways.
By Evan Halper
Times Staff Writer
February 13, 2007
SACRAMENTO — In California, birthplace of the freeway, where motorists can traverse all but a small fraction of the state without encountering a tollbooth, the free ride may be coming to an end.
There is emerging consensus in the Capitol that the state should follow the path already blazed elsewhere and look to tolls to help bankroll new roads, public and private.
Local and state transportation agencies are already planning several such projects on busy urban corridors, and some of the world's largest investment firms are lining up with proposals that could leave them in control of some major new roads.
Voters last November approved billions in borrowing for roads, but that was only a start; the money won't meet all the state's transportation needs and never was intended to. Nor would anything short of a major increase in the gas tax — one for which voters appear to have no appetite. That leaves tolls.
"The existing way of paying for these projects is not going to work," said Senate Transportation Committee Chairman Alan Lowenthal (D-Long Beach). "We're used to free roads and everything being free. That is a 1950s model. If we want to move forward, we are going to have to head in a different direction."
Under pressure from Gov. Arnold Schwarzenegger, who has been pushing for the state to start shifting the cost — and some control — of road building to the private sector, lawmakers last May authorized government agencies to build four demonstration projects in partnership with investment banks, shipping companies and other businesses.
The companies would put up money for the projects, and in return could end up owning a share of them. Or at least be guaranteed some of the revenues they generate.
