At $3.9 billion, the new Tappan Zee Bridge is one of the most expensive public works projects in U.S. history. Yet even a year into construction, New York hasn’t detailed how it plans to pay for it and how much will be passed on to motorists in the form of tolls.
Anxiety over bridge financing deepened last week when the Environmental Protection Agency balked at Gov. Andrew Cuomo’s proposal to use $511 million in federal clean water loans on the project.
Estimates of the new toll range from $9 to $14 with some consumers worried they may reach $20.