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    Beshear's Letter To Indiana About Bridge Tolls

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    Courier Journal
    A letter Kentucky Gov. Andy Beshear sent to Indiana Gov. Eric Holcomb on May 5, 2022, urging the Indiana leader to support holding the 2022 bridges toll rate increase to the lowest possible level.

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    Beshear's Letter To Indiana About Bridge Tolls

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    Courier Journal
    2K views1 page
    A letter Kentucky Gov. Andy Beshear sent to Indiana Gov. Eric Holcomb on May 5, 2022, urging the Indiana leader to support holding the 2022 bridges toll rate increase to the lowest possible level.

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    Beshear's letter to Indiana about bridge tolls

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    A letter Kentucky Gov. Andy Beshear sent to Indiana Gov. Eric Holcomb on May 5, 2022, urging the Indiana leader to support holding the 2022 bridges toll rate increase to the lowest possible level.

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Download as pdf
    2K views1 page

    Beshear's Letter To Indiana About Bridge Tolls

    Uploaded by

    Courier Journal
    A letter Kentucky Gov. Andy Beshear sent to Indiana Gov. Eric Holcomb on May 5, 2022, urging the Indiana leader to support holding the 2022 bridges toll rate increase to the lowest possible level.

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Download as pdf
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    CommonweattH oF KENTUCKY OFFICE OF THE GOVERNOR Andy Beshear Capitol Building, Suite 100 Governor 700 Capitol Avenue Frankfort, Kentucky 40601 (602) 564-2611 May 5, 2022 Fox: (602) 564-2517 Govemor Eric Holeomb State of Indiana State Capitol 200 Washington Street. Room 206 Indianapolis, Indiana 46204 Dear Governor Holeomb, Thope you are well and that your economic development trip to Europe has been successful. Kentucky is certainly benefitting from this robust economy, and I know Indiana is as well Tam writing about the tolling of the bridges that join our two states in the Louisville and Southern Indiana area. This is why I reached out for a phone call while you've been away. Recognizing and understanding the concer we share for our citizens and the traveling public, Iam writing to ask that you join me in calling on the KY-IN Tolling Body to act immediately to hold the annual Louisville Bridges (RiverLink) toll rate increase to the lowest level possible. By current Tolling Body policy, the toll rates automatically increase cach July 1 by the higher of 2.5% or the Consumer Price Index. For the first time in five years of tolling, the annual rate increase will exceed 2.5%. Under the current policy, by March CPI, the toll rates will increase on July I by 8.5%. ‘An annual increase of this magnitude was never envisioned when the Tolling Body set the policy. Kentucky needs no more than a 2.5% increase to meet its debt service, maintenance, and operational obligations in FY 23. Given the need to provide adequate notice to the Toll Service Provider and the public, itis critical that the Tolling Body meet immediately to consider holding the rate to the lowest possible level that would allow both States to meet their unique obligations. Please join me in asking the Tolling Body fo meet as soon as possible to consider minimizing any unnecessary burden on our bridge users, Sincerely, Andy Beshear Governor AN Equal OrPoRTUNITY EMPLOYER MIFID

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