An ExpressToll rate freeze implemented Jan. 1, 2018, will keep 2017 toll rates in place for ExpressToll drivers on E-470 through 2020 after a unanimous vote by the E-470 board of directors.
According to a news release, the November 2017 decision of the E-470 board of directors to freeze ExpressToll rates marked the first time since the 47-mile user-financed roadway opened that tolls were frozen. The decision also included a reduction of the ExpressToll rate at Toll Plaza C (between I-70 and Pena Boulevard) by 25 cents. The reduced rate will stay in effect again in 2020, the release said.
“Due to E-470’s conservative fiscal policy and organizational management, as well as increased use of the E-470 toll road, the board is again able to keep tolls unchanged for the coming year,” Roger Partridge, chair of the Douglas County commissioners chair and E-470 board member, said in the release.
In addition to freezing ExpressToll rates in 2020, the E-470 Board of Directors also voted to freeze License Plate Toll rates in 2020 at 2019 levels. Additionally, the board voted to move forward with the implementation of a two-year pilot program, to begin Jan. 1, 2020, for an ExpressToll rate restructure for three-plus-axle motorists on E-470. The rate restructure includes a 5% rate reduction for all multi-axle rates and an additional time of day rate reduction for 3-plus-axle ExpressToll customers.
The 2020 toll rate freeze and three-plus-axle rate adjustment reflect the commitment of E-470 to remain fiscally responsible while supporting and improving the customer experience.
“The E-470 board of directors and leadership continue to be proactive in monitoring local market conditions that allow the authority to implement policies that represent value and savings to E-470 customers,” E-470 Executive Director Tim Stewart said in the release.
For information on the benefits of ExpressToll or how to open an account, visit ExpressToll.com or call 303-537-3470.
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