In January, the congestion pricing tolls in Manhattan generated nearly $49 million, predominantly from passenger vehicles, with 85% of revenue comprising everyday drivers. This program coincided with a 9% reduction in traffic in the toll zone. However, the collected revenue fell $52 million short of earlier estimates. Despite this, MTA representatives suggested the revenue netted was satisfactory at $37.6 million, surpassing a revised projection of $35.5 million. Officials also noted lower operating costs, indicating that overall revenue aligned with expectations after adjustments.
In the first month of the congestion pricing program, approximately 85% of the nearly $49 million collected came from passenger cars, indicating a significant burden on everyday drivers.
Traffic in the toll zone dropped by 9% during the initial month, corresponding with the congestion pricing implementation, suggesting a direct relationship between tolls and reduced traffic.
Despite generating nearly $49 million in tolls, revenues fell short of initial projections by $52 million, though officials claimed net revenues still exceeded expectations.
A spokesperson highlighted that operating costs for the congestion tolls were less than anticipated, suggesting that the revenue collected was in line with their adjusted expectations.
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