The Port Authority of New York and New Jersey is scheduled to vote on its controversial Hudson River toll/fare hike proposal this Friday, three days after it held a series of public hearings in both states. NY/NJ residents reportedly packed hearing rooms and vented frustration over the hefty hikes, which include a near doubling of the peak-hour cash toll to $15 this year and an additional $2 in 2014.
The PA cites several factors for a need to raise revenues, including more than $11 billion in funding necessary to rebuild the World Trade Center and $6 billion in increased security requirement costs since the September 11 attacks.