DALLAS — Managed lanes are the way of the future for transportation finance in Texas, but some experts question how far high-speed tollways can go toward closing highway revenue gaps.

“This is not a long-term solution,” Cherian George, managing director of global infrastructure and project finance at Fitch Ratings, told The Bond Buyer’s Texas Public Finance Conference last week. “Indiscriminate use of tolls is not a panacea without some kind of strategy behind it.”

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