The North Texas Tollway Authority’s debt service will increase by 22.3% to $204.5 million under the fiscal 2011 budget adopted in late December. Estimated 2011 total bond debt-service coverage is 1.85 times for first tier debt and 1.44 times coverage overall.
On the operations and maintenance side, the NTTA’S $111 million budget is 1.4% lower than the fiscal 2010 plan. The fiscal 2011 budget assumes an 8.9% increase in toll revenue compared to fiscal 2010 estimates and an 11% increase in active electronic TollTag accounts. Much of the revenue growth is attributed to continued traffic growth on the new Sam Rayburn Tollway and an increase of 84 lane miles in 2011.