Central Texas tolling agency approves a $62 million budget increase for FY 2021-22

The Central Texas Regional Mobility Authority approved an operational budget with a forecasted $150.58 million in revenue for fiscal year 2021-22 during its board of directors meeting June 30.

That budget will run from July 1, 2021 through June 30, 2022, as the Mobility Authority’s fiscal year begins on July 1. The agency manages several area toll roads, including 183A Toll, Toll 290, the MoPac Express lanes and SH 45 SW.

The Mobility Authority did not provide a specific budget number for expenses during the meeting, but newly appointed Executive Director James Bass noted that expenses would be $62 million higher than fiscal year 2020-21, which totaled $131.33 million. That increase is largely due to the return to a new normal following the pandemic.