The Thruway Authority quietly postponed its meeting Tuesday when its board may have voted on a increase in tolls for truck traffic on the the 570-mile superhighway.
The authority has been expected to vote this month on increasing tolls by 45 percent on trucks. A meeting scheduled for Tuesday was postponed “for scheduling reasons,” said Thruway spokesman Dan Weiller.
Weiller wouldn’t say if the board planned to vote on the toll increase at the meeting or when the meeting has been rescheduled.
The toll increase needs to be approved soon, authority officials have said. Credit agencies have indicated the approval should come in September, or the agency could face a credit downgrade.
S&P said in its review in June that the Thruway’s future is dependent on “formal board approval in September this year to increase commercial vehicle tolls 45 percent.”
The proposed toll increase has come under heavy fire from businesses and state lawmakers, saying it flies in the face of the state’s efforts to improve its business climate.
The Thruway Authority held a series of public hearings last month on the toll increase.
Gov. Andrew Cuomo on Monday said he doesn’t want the tolls to increase, but he said the Thruway faces a difficult fiscal future. Credit agencies have given the Thruway Authority a negative outlook if it doesn’t move ahead with the toll increase.
“It is a difficult financial problem each way. No one wants a toll increase. But nobody wants a downgrade to the Thruway bonds either,” Cuomo said on WGDJ-AM (1300).