Congestion pricing in Manhattan aims to raise $15 billion for transit improvements and alleviate traffic, with projections estimating annual revenue close to $970 million.
Despite controversial figures from the MTA suggesting a mere $500 million annual take, independent analysis predicts tolls from congestion pricing could reach around $970 million.
The MTA's confusion regarding projections reveals a disconnect; while the maximum assumed revenue might satisfy bond obligations, substantial funds for the toll collection system should not be overlooked.
Daily toll revenue estimates indicate significant income: on weekdays, expected revenues from the cordon toll alone might reach approximately $2.95 million.
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