Transportation Corridor Agencies
- Transportation Corridor Agencies
Transportation Corridor Agencies (TCA) are two joint powers authorities formed by the California legislature in 1986 to plan, finance, construct, and operate Orange County's toll roads. TCA consists of two local government agencies:
* The San Joaquin Hills Transportation Corridor Agency which oversees the San Joaquin Hills Toll Road.
* The Foothill/Eastern Transportation Corridor Agency which runs both the Foothill Toll Road and the Eastern Toll Road.
The toll roads maintained by TCA are financed with tax-exempt bonds on a stand-alone basis -- taxpayers are not responsible for repaying any debt if toll revenues fall short. Operation and maintenance costs are paid for by the state and thus paid indirectly by the taxpayer.
Some California lawmakers and toll road advocates favor using similar local agencies to build and maintain future tollways, especially after the controversy of authorizing a private company to run the 91 Express Lanes. Others oppose them, arguing that new toll roads will just facilitate and perpetuate the sprawl that is eating up open space and causing pollution and global warming.
External links
* [http://www.thetollroads.com/ Transportation Corridor Agencies]
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