Decision day
The Delaware River Port Authority is expected to decide today whether it will delay toll increases planned for 2011. The Associated Press Reports the DRPA is feeling pressure from financial advisors who say the decision to delay could affect the authority’s credit.
Should the DRPA delay the hike, it faces difficulty borrowing money in the future and a chance of having to fork over $200 million in collateral.
Translation: Get your wallets out, folks.
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