ctrma logoThe Central Texas Regional Mobility Authority (CTRMA) has chosen JPMorganChase as its financial partner on the outstanding toll road projects. CTRMA expects to develop a combined public/private financing package for under 6%. As construction costs are projected to increase by 10-12%, moving forward expeditiously on these projects should be a net gain financially, as well as as for Central Texas mobility. Financing will be comprised of non-concession, non-privatized lending of public and private funds supported solely by revenue from tolls. Details regarding which roads roads get built and when must still be worked out , but it does portend well for getting things back on track and placing Central Texas on the cutting edge of self-sustaining local transportation funding.