Bridge tolls going up on 520
June 9, 2014
New: June 9, 10:04 a.m.
The annual increase in tolls on the state Highway 520 bridge is set to go into effect July 1. The rate will go up by about 2.5 percent. Peak-hour rates with a Good to Go! pass will rise to $3.80, while peak-hour rates without a pass will go up to $5.40.
The tolls fund a portion of the construction on the bridge and should raise $1.2 billion of the $4.3 billion projected cost. State and federal funding make up some of the rest. There is about $1.4 billion needed for the project that does not yet have a funding source identified.
This is the third of four annual 2.5-percent rate increases in the works. In 2016, there’s a planned balloon increase of 15 percent. No increases are planned beyond 2016 to help fund the bridge replacement, but the Washington State Transportation Commission, which sets the rates, may still implement them if needed.