Category Archives: PA Turnpike / tolling

The dead Citi and the Pennsylvania Turnpike leasing deal revisited

I keep looking at the turnpike leasing deal in retrospect and try to envision where the deal would be if it had fallen into the Citi money machine. (The process – greenmesh 6/2008-10/2008) Our choice was a blind, one-track business … Continue reading

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Turnpike leasing bug spreads to New York

View Larger Map I am sitting in Rome, New York. Rome has seen better times. Property taxes here are about twice what I pay in Manchester Township. I am currently ten minutes from The New York State Thruway. Abertis Infraestructuras … Continue reading

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I-80 toll defeat calls us to define costs

We need to think long-term investment, pay cash up front for current expenses, take responsibility for use, and stop handling finances with smoke and mirrors. After we are done hiding future costs in lease deals and creating special interest groups … Continue reading

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What drives my opinion of the Pennsylvania Turnpike leasing deal

The Pennsylvania Turnpike is part of my American heritage. Rolling into a toll booth, I look at it as the gateway to a national treasure of transportation history. I have a vested interest in supporting and preserving it, whether that … Continue reading

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Hidden costs will make Turnpike deal a bad one

Interesting opinion article in the Philadelphia Inquirer: Hidden costs will make Turnpike deal a bad one Summary: Huge unseen financial incentives pull from the tax base during the deal Costs associated with ensuring the contract gets inforced With tax subsidies … Continue reading

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Leasing the Pennsylvania Turnpike is a bad idea – part 2

I was walking around my village today and a couple neighbors were responding to my blog entry Why can’t “WE” keep making a profit on the turnpike? (6/25) One neighbor was blaming Gov. Ed Randell for siphoning the money off … Continue reading

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Why can’t “WE” keep making a profit on the turnpike?

I just received a hard sell email from Pennsylvania Transportation Partners for leasing the Pennsylvania Turnpike. It seems that their plan is the “only” source and “only” plan. It will create “safety”. Perhaps the most telling part of the email … Continue reading

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