Drivers are likely to face a toll hike on the Golden Gate Bridge next year, which would be the first increase in more than five years.
The Golden Gate Bridge District board of directors met today and said a projected $142 million budget deficit over five years leaves them with few options.
“I don’t think we have any choice but to raise the fare, given the budget concerns,” said director Dick Grosboll.
The current toll is $6, but most of the 60,000 southbound drivers who cross the bridge daily use FasTrak and pay a discounted $5 toll.
Bridge district spokeswoman Mary Currie said the district is considering getting rid of the discount, as well as raising the toll by $1. That could amount to a $7 bridge toll in 2014. However, she said officials are looking into implementing the hike incrementally.
“We don’t necessarily have to go to one dollar because we do have the electronic tolling. We could go to 20 cents, 30 cents, 40 cents, et cetera,” she said.