Transportation Corridor Agencies
From Wikipedia, the free encyclopedia
Transportation Corridor Agencies (TCA) are two joint powers authorities formed by the California legislature in 1986 to plan, finance, construct, and operate Orange County's toll roads. TCA consists of two local government agencies:
- The San Joaquin Hills Transportation Corridor Agency which oversees the San Joaquin Hills Toll Road.
- The Foothill/Eastern Transportation Corridor Agency which runs both the Foothill Toll Road and the Eastern Toll Road.
The toll roads maintained by TCA are financed with tax-exempt bonds on a stand-alone basis -- taxpayers are not responsible for repaying any debt if toll revenues fall short.
Many California lawmakers and toll road advocates favor using similar local agencies to build and maintain future tollways, especially after the controversy of authorizing a private company to run the 91 Express Lanes.
