The Board of Directors of the Fort Bend Toll Road Authority recommended Fort Bend Commissioners Court approve a study to extend the Fort Bend Toll Road an additional 3.2 miles between Sienna Parkway to FM 2759.
In the October 26, 2016 dated letter to the board of the Fort Bend Toll Road Authority, Michael W. Copeland of CDM Smith summarized the analysis of the proposed project extension, including maps, assumed traffic counts, and toll road revenue estimates.
The project analysis involved two scenarios:
Based on numerous assumptions including the toll road extension opening date, revenue days, traffic and revenue-leakage, the study revealed annual revenue for the FBCTR extension for Scenario 1 is expected to increase from less than $1 million in 2020 to $3.5 million by 2030, reaching $7.8 million by 2040.
For Scenario 2, the estimated annual revenue for the FBCTR extension is expected to increase from less than $0.4 million in 2020 to $1.3 million by 2030, reaching $2.7 million by 2040.
Read the rest of the study here.