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New York City’s congestion pricing raised about $52 million in toll revenue in February, as President Donald Trump and Governor Kathy Hochul remain in a standoff over his bid to end the program.
That brings the total for the first two months of operation to $100.6 million, according to documents posted to the Metropolitan Transportation Authority’s website ahead of committee meetings on March 24. The toll on motorists driving into Manhattan’s busiest areas started on January 5.
Congestion pricing charges most drivers entering Manhattan south of 60th street $9 during peak hours, in a bid to help reduce traffic and raise money for the MTA. The program has been under fire since Trump took office earlier this year. U.S. Transportation Secretary Sean Duffy recently pushed a deadline for New York to turn off the tolls back by another month, saying the federal government was putting the MTA and Hochul “on notice.”
The daily average number of vehicles entering the zone in February was 481,907, which is approximately 2% greater than in January, according to data from the MTA. February traffic into Manhattan is historically higher than in January.
After operating and mitigation costs were subtracted, the MTA netted about $40 million from February collections — matching the expected projections. The fee is anticipated to bring in $500 million each year, according to the MTA.
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