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SB117: relative to the tolls at exit 10 in the town of Merrimack.

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

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SB 117-FN - AS INTRODUCED

2021 SESSION

21-0994

06/05

SENATE BILL 117-FN

AN ACT relative to the tolls at exit 10 in the town of Merrimack.


ANALYSIS

This bill requires the department of transportation to remove the exit 10 tolls on the F.E. Everett Turnpike in Merrimack.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

21-0994

06/05

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty One

AN ACT relative to the tolls at exit 10 in the town of Merrimack.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Department of Transportation; Removal of Toll Booths. The department of transportation shall remove the northbound and southbound toll booths on exit 10 on the F.E. Everett turnpike in Merrimack.

2 Effective Date. This act shall take effect 60 days after its passage.

LBA

21-0994

1/20/21

SB 117-FN- FISCAL NOTE

AS INTRODUCED

AN ACT relative to the tolls at exit 10 in the town of Merrimack.

FISCAL IMPACT: [ X ] State [ ] County [ ] Local [ ] None

Estimated Increase / (Decrease)

STATE:

FY 2021

FY 2022

FY 2023

FY 2024

Appropriation

$0

$0

$0

$0

Revenue

$0

($916,897)

($938,433)

($955,873)

Expenditures

$0

Indeterminable

Indeterminable Decrease

Indeterminable Decrease

Funding Source:

[ ] General [ ] Education [ ] Highway [ X ] Other - Turnpike Fund

METHODOLOGY:

This bill eliminates the northbound and southbound ramp tolls for exit 10 on the F. E. Everett Turnpike in Merrimack. The Department of Transportation has provided the following projections relative to annual transactions, gross toll revenue, toll operations/maintenance costs, and removal costs for the Merrimack exit 10 plaza:

Projected

FY 2022

FY 2023

FY 2024

Transactions1

1,916,315

1,876,857

1,997,775

Gross Toll Revenue1

$916,897

$938,433

$955,873

Expenditures – Increase / (Decrease)

Toll Operations/Maintenance Costs2

($618,762)

($631,045)

($643,666)

Toll Removal Costs

$800,000

-

-

Total Net Expenditures

$181,328

($631,045)

($643,666)

1 Impact of eliminating toll revenue analysis performed by DOT consultant (Stantec Consulting Services, Inc) on 01/12/21

2 Includes personnel costs, utility costs, and other facility operating/maintenance costs, with a 2% annual inflation adjustment.

The above table does not include debt service on the outstanding bonds related to the construction costs of exit 10 improvements, toll collection system maintenance, or E-ZPass back office system expenditures. Also not factored in is potential costs related to staff lay-offs should any of the seven (7) full-time or four (4) part-time employees working at exit 10 not be able to be relocated. Therefore, the total net impact of this bill is indeterminable at this time.

AGENCIES CONTACTED:

Department of Transportation