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Posted: 5:20 a.m. Monday, April 7, 2014
KTVU.com and wires
SAN FRANCISCO —
Motorists will pay one more dollar to drive across the Golden Gate Bridge as new toll rates go into effect Monday.
The Golden Gate Bridge, Highway and Transportation District's board of directors approved the toll hike on Feb. 28 as the district faces a $142 million deficit over the next five years.
The FasTrak rate will go up from $5 to $6 and the pay-by-plate rate will increase from $6 to $7. The carpool rate, which requires FasTrak, will go up from $3 to $4.
Tolls will gradually rise by 25 cents in July 2015, 2016, 2017 and 2018.
By July 2018, the FasTrak rate will be $7 and pay-by-plate rate will be $8.
The toll hikes are estimated to raise $138 million for the district over the next five years.
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