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Laredo finance staff present bridge-rate study; proposed phased increases prompt industry and council scrutiny
Summary
City finance staff presented a system-wide bridge toll-rate study that recommends phased toll increases to restore purchasing power, cover operations and finance $225 million in bridge expansions. Trucking industry and several council members urged more granular, per-truck metrics and competitor comparisons before any decision.
City finance staff presented a comprehensive toll-rate study at the Jan. 16 workshop that examined toll sufficiency, compliance with an existing transfer policy (Resolution 98-R-164), and a policy framework to allocate a proportional share of city service costs to bridge users.
Travis Tomata, director of finance, told the council the bridge system met the technical flow-of-funds requirements for fiscal years 2021–2025 but argued the established transfer formula does not reflect current vehicle-volume-driven demands on police, fire, streets and traffic operations. The…
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