How much the rebates will be depends on the exact size of the MDX surplus and how many drivers register for the program.
That Tollmageddon garnered its share of outrage from the community.
In all, the agency operates tolls services on 220 lane-miles of road, bringing in hard rock promo code las vegas 130 million in tolls, about 85 million more than its Hillsborough counterpart.The Tampa-Hillsborough County Expressway Authority has no intention of copying its Miami-Dade County counterpart.MDX directors also voted to extend registration for the MDX Advantage Program, which closed in April.Now, one operator is planning to put a little ka-ching back in the pockets of drivers.The surplus will be recalculated each year.Statewide it is planning to spend 9 billion adding toll lanes, including the Tampa Bay Express, which would add toll lanes on interstates 4, 75 and 275.As part of the Florida Turnpike system, the Veterans Expressway operates under different rules than the Selmon, for which toll revenue must be spent locally.
The thought behind the program was that we would turn our customers and our commuters into something similar to our investors, Marie Schafer, MDXs chief financial officer, said to the board.
Typically that is never the case, Reich said.
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For this agency, any revenue that we have after paying current expenses is placed in reserve for future work program needs.
Those dollars can be spent anywhere in Florida and may be headed to fund the First Coast Expressway, a toll road that will connect Interstate 95 in northern.Our group is not anti-toll, I want to set the record straight about that, says Carlos Garcia, whose Roll Back The Tolls watchdog group has been critical of MDX.Tampa Like the ka-ching of a cash register, the beep from a SunPass transponder when a car passes beneath a toll sensor marks another sale for the toll road operator.Before giving any money back to commuters, MDX will first pay off existing financial obligations, a press release explained.The agency put aside.4 million into a reserve fund for future projects and.3 million into a general reserve fund.MDX will figure its surplus in October and expects to mail out rebate checks in December, Gutierrez said.So now they have a financial stake in the expressway system.