Georgia’s routine borrowing of $1.1 billion in July is benefitting from the state’s decision to seek private-sector funding for the express lane megaproject to be built along Ga. 400, according to New York credit analysts.
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I-285 toll lanes: State to retain rate-setting authority, ensure transit compatibility
Two important points emerge from Georgia’s plan for a greater role for private partners in future tollways along portions of top end I-285 – the state will set limits on rates a company can charge drivers to use the lanes; and the transit component comports with language by U.S. Rep. Carolyn Bourdeaux that’s been added to the nation’s pending transportation funding legislation.
