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Are Texas toll roads privately owned?
A friend of mine and I were talking the other day, and we got on the subject of Texas toll roads. He says they’re all privately owned, so somebody’s getting rich off all these tolls. Is that right?
Sarah Gray · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
While your buddy’s not completely right, he’s also not totally wrong. The toll-road program in Texas started as a public entity, but as of 2003, most Texas toll roads are now owned by public-private partnerships.
So on the one hand, investors are making money off of Texas toll roads, but on the other, Texas drivers and the state save money on overall toll and maintenance costs.
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