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Tacoma Narrows Bridge loan need falls to $72.4 million in latest commission analysis

Washington State Transportation Commission · January 21, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Commission staff reported that total loan need for the Tacoma Narrows Bridge (through fiscal 2030) declined to about $72.4 million, staying within the legislature’s $85 million loan cap; repayment is projected to complete by fiscal 2032.

Aaron Halbert, commission staff financial analyst, presented the annual Tacoma Narrows Bridge loan assessment submitted to the legislature. He summarized program origins (2018 intent for up to $85 million in loans operating through 2030, plus a 2022 state transfer of $130 million intended to support…

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