Emile Wamsteker/Bloomberg News
New Jersey Gov. Jon Corzine (D) said he would sharply raise tolls to help pay off the state’s debt, the Newark Star-Ledger reported Wednesday.
Corzine said the hikes would be substantial, but that alternatives would be worse, the paper reported.
He said a new public benefits corporation would manage, not own, the toll roads, and that safety, maintenance and road standards would be at current or improved levels, the Star-Ledger reported.
Confirming a previously disclosed schedule, Corzine said tolls on the New Jersey Turnpike, Garden State Parkway and Atlantic City Expressway would increase 50% in 2010 and then 50% every four years through 2022, the paper said.
Tolls also would be imposed on part of Route 440, it reported.