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Community Corner

RITBA TOLLING OPTIONS FOR YOU

Antone Viveiros, Neighbor

RHODE ISLAND TURNPIKE AND BRIDGE AUTHORITY Tolling Options

Jacobs Engineering Report October 2011

Projected 10-Year Capital Plan $200.2M for Pell Bridge

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Painting of superstructure $102.7M: - Steel superstructure repairs/retrofits $15.4M

$49.7M for Mt Hope Bridge: - Painting & steel repairs $20.4M, Roadway deck pavement replacement $5.4M

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Sources: Bonds- Mt Hope $31.4M Cash Reserves $20.6M Trans-ponder Sales $5.2M Bonds- Pell $127.9M

Current Tolls-Pell $185.3M NEEDS $62.6M = Total: $432.9M

Uses:  O&M-Mt   Hope $21.6M Capital- Mt Hope $47.6M Debt Service- Mt Hope $14.2M O&M-Pell $74.8M

Debt Service- Pell $80.5M Capital- Pell $194.2M = Total: $432.9M

For a complete Jacobs 2011 RITBA Tolling Options Presentation, please go to the website; www.citataxpayers.org.

Financial statements of the Rhode Island Turnpike and Bridge Authority are audited annually by an independent firm of certified public accountants. Audited financial statements for the fiscal years ended June 30 from 2003 through 2010 may be accessed by going to www.riba.org. Click on Finance

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