The Toll Roads were built with virtually no taxpayer dollars. They are primarily funded through the sale of bonds to private and institutional investors, supplemented with development fees. All toll and fee revenues go toward retiring the debt, funding additional improvements and covering costs to operate toll collection. Nonrecourse revenue bonds were sold, so taxpayers and the member agencies are not responsible for repaying the debt.
View The Toll Roads Financial Snapshot for current statistics on traffic, revenue and account growth.
August 20, 2018 – S&P Global Ratings Upgrades Foothill/Eastern Transportation Corridor Agency Senior-Lien Bonds Three Levels to “A-.”
August 2, 2018 – 73 Toll Road Bonds Upgraded to “A-” By S&P Global Ratings.
April 19, 2018 - View the presentation to JP Morgan Public Finance Transportation & Utility Investor Forum (PDF).
October 12, 2017 – The Transportation Corridor Agencies are pleased to announce the publication of the fiscal year 2017 audited financial statements for the Foothill/Eastern Transportation Corridor Agency and the San Joaquin Hills Transportation Corridor Agency. The Agencies are pleased to report solid financial health and continued growth in transactions and toll revenues, reflecting The Toll Roads’ value to Orange County’s vibrant economy and transportation network.
View the Independent Registered Municipal Advisor Exemption Statement (PDF).
