Is the PA Turnpike Commission a government agency?
Is the PA Turnpike Commission a government agency?
On April 28, 2010, Governor Ed Rendell proposed that the Pennsylvania Turnpike Commission be merged into the Pennsylvania Department of Transportation.
Who operates the Pennsylvania Turnpike?
the Pennsylvania Turnpike Commission (PTC)
The Pennsylvania Turnpike (Penna Turnpike or PA Turnpike) is a toll highway operated by the Pennsylvania Turnpike Commission (PTC) in the US state of Pennsylvania. A controlled-access highway, it runs for 360 miles (580 km) across the state.
Why does turnpike pay PennDOT?
The payments were part of Act 44, a 2007 policy that required the turnpike to help fund transit systems around the state. The turnpike paid almost $8 billion total. The annual payment to PennDOT will drop to $50 million at the end of the current fiscal year, turnpike officials said.
Who runs the PA Turnpike Commission?
Pittsburgh businessman William K. Lieberman was appointed to the Pennsylvania Turnpike Commission in July 2010; he served as commission chairman for nearly four years, from March 2011 until he was named vice chairman in January 2015.
How much debt is the PA Turnpike in?
$14 billion
As a result, a default clause written into Act 44 took effect and required the Turnpike Commission to pay PennDOT $450 million a year, funded mostly through bonds. To date, the commission has paid $7.9 billion, accumulating more than $14 billion in debt, records indicate.
How many employees does the PA Turnpike have?
1,300 colleagues
UNSURPASSED BENEFITS We offer best-in-class benefits, flexible work schedules, locations across Pennsylvania and a commitment to the overall well-being of our 1,300 colleagues.
Who leases the PA Turnpike?
A group led by Citigroup and Spanish toll road operator Abertis Infraestructuras SA won the right Monday to lease the Pennsylvania Turnpike, with a bid of about $12.8 billion.