2007 Regional Toll Revenue (RTR) Funding Initiative

Formerly known as the CDA/Regional Toll Revenue Initiative

In 2007, the 80th Texas Legislature passed Senate Bill 792, redefining the way toll projects are delivered throughout the state and creating a process through which the market value of a project is determined.

Following the 80th session, TxDOT, NTTA, and NCTCOG worked together to develop SH 121, a critical corridor in Collin, Dallas, and Denton counties. On November 30, 2007, the agencies announced the financial close on a $3.2 billion project agreement that allowed NTTA to complete construction of the 26-mile corridor, as well as operate and maintain the road for the next 52 years. The transfer of SH 121 to NTTA will come after many years of successful work by TxDOT to develop and construct the initial main lanes and frontage roads.
Street corner
The $3.2 billion upfront payment also provided funding for the Regional Toll Revenue initiative, an account that will help speed construction for numerous projects throughout the Dallas-Fort Worth region. By advancing projects by many years, the region can help offset rising construction costs that are contributing to the transportation financial crisis.

The links below represent the steps taken to announce the initiative and select the projects to receive funding. 
 
NEW PROJECTS
Final RTC Approval Aug 21, 2008
COST OVERRUN PROJECTS
Collin, Tarrant and Denton Counties -- RTC Approved Jan 24, 2008
Dallas County -- RTC Approved Apr 10, 2008
Partial Approval of Pending Projects -- RTC Approved Apr 10, 2008
RTR TASK FORCE MEETINGS & EVENTS
FINAL SH 121 REVENUE ALLOCATION by County--RTC Approved Oct 11, 2007
RTR Workshop for RTC Members [PDF-presentation & handouts] Sept 13, 2007
Regional Toll Revenue Funding Initiative Announcement Apr 7, 2007