Revenue from toll lanes on the Capital Beltway and I-95 in Virginia have dropped nearly 90 percent from last year amid the ongoing coronavirus pandemic, according to Transurban, the Australian company that manages the lanes.
Overall, toll revenue on the 495 express lanes dropped to just $3 million in April, May and June, down 88 percent compared to last year when the tolls received $22 million, WTOP reported. The drop in revenue came amid a sharp decline in the number of drivers on D.C.-area roadways.
Transurban spokesman Mike McGurk said the revenue loss won’t be the burden of Virginia taxpayers.
“We, as operators of this road, have to sort of bear the burden,” McGurk said, WTOP reported. “So you know, we are reeling with that impact, but that does not mean we are taking public money or it is a loss to public funds in that sense.”