NY Thruway Releases 2017 Budget: No Toll Hikes

ALBANY (AP) -
Thruway traffic goes over the picturesque Tappan Zee Bridge in Nyack, NY.(AP Photo/Julio Cortez)
Thruway traffic goes over the picturesque Tappan Zee Bridge in Nyack, NY.(AP Photo/Julio Cortez)

The state Thruway Authority on Monday adopted a budget for 2017 that won’t raise tolls on New York’s longest toll road.

The agency’s board kept tolls stable for the seventh consecutive year. Gov. Andrew Cuomo has pledged to keep tolls at current levels through 2020.

Authority officials are projecting a potential record volume of traffic next year for the 60-year-old, 570-mile Thruway system, with more than 267 million vehicles expected to use it. Officials expect toll revenue to top $700 million in 2017.

Thruway officials say the agency’s $1.84 billion budget for 2017 is 10 percent lower than the previous year, primarily because spending on the new Tappan Zee Bridge has peaked.