When and how much? Those two aspects of the Golden Gate Bridge variable-toll pricing plan could become clearer after a committee meeting today.
Approved in March, the variable-toll pricing would charge drivers extra for crossing the span during peak travel times.
In earlier discussions, bridge officials speculated an extra cost in the range of 50 cents to $1 during peak travel times, although Supervisor Jake McGoldrick, who sits on the bridge district board, said the increase would likely be $2.
Golden Gate Bridge, Highway and Transportation District officials will decide on a number of options for a variable-toll pricing, including how much fares will increase and what time those increases will take place, after an eight-week study of the plan is presented in a subcommittee meeting today.
The finance committee will decide which variable-toll pricing program to recommend for approval for Friday’s full board meeting.
The variable-toll pricing is being discussed concurrently with another proposal — preliminarily approved in January — to add $1 to the $5 base amount for tolls, andit would also apply to FasTrak users, who pay $4.
Based on public input, the approval of the tolls will go before the full board in July, Currie said.
If approved, the $1 base-toll-hike likely would not be implemented before January 2009, Currie said. The variable-toll increase cannot be implemented earlier than September 2008 or later than September 2009, Currie said.
By approving the variable-toll pricing plan in March, the bridge district helped the Bay Area secure $158.7 million in federal grant funding.