The Delaware River Joint Toll Bridge Commission’s transportation network handled 138.7 million vehicular crossings in 2019, including long-distance commercial shippers, job commuters and recreational travelers. The Commission has strong financial metrics and bond ratings of grade A or above.
The Commission is one of the country’s oldest toll agencies. It now operates eight toll bridges, three of which carry U.S. Interstate Highway System traffic. Bond rating agencies have praised the Commission for having high debt-service coverage ratios, good asset condition, strong traffic performance, competitive toll rates, and high liquidity. The Commission’s healthy financial outlook has resulted in bond rating upgrades and long-term cost savings on outstanding debt obligations in recent years.
On February 24, 2025, the Commission completed an RFQ procurement process and affirmed pools of qualified firms to assist in possible bond transactions. The respective pools are as follows:
Bond Transaction Financial Advisory Services
The Commission’s last toll-adjustment was approved in April 2021. The final element of that adjustment was implemented in early January 2024. All eight of the Commission’s toll bridges have been converted to cashless all-electronic collections (E-ZPass and TOLL BY PLATE). Roughly 85 percent of Commission tolls are collected via E-ZPass. The Commission has A-grade bond ratings. It maintains a 2.0-plus debt-service-coverage ratio.
A report on a year of progress and accomplishment for the Delaware River Joint Toll Bridge Commission.
Inspection Reports help ensure the structural integrity and safe operation of the Commission’s bridges.
Commission’s financial records and statements are audited each year under the terms of the agency’s Trust Indenture with bondholders.
This report contains the traffic volumes and recorded revenue totals for all Commission toll bridges.