Financial systems
Who Can Raise Texas Toll Rates?
The 2026 Dallas–Fort Worth express-lane cap is about $1.16 per mile, with a congestion exception. Here is what the contracts allow and how SH 130 and SH 288 differ.

On Dallas–Fort Worth’s privately operated express lanes, the ordinary base-rate cap works out to about $1.16 a mile in 2026. The contracts let the rate go higher when enough vehicles crowd the lanes or traffic slows below 50 mph. On the private part of SH 130, a different contract sets a maximum tied to Texas economic output per person. In Houston, the state took back control of its SH 288 managed lanes in October 2024 and put them under a public rate agreement. NTE 35W toll regulation, Exhibit 4 · Ferrovial 2026 fact book, slide 40 · SH 130 executed amendments · Commission Minute Order 116976
The name on the bill tells you who collected it
Texas law retains public ownership of facilities developed under these agreements. A private concession gives a company the right to operate the lanes and collect toll revenue on the contract’s terms. Public systems such as NTTA and HCTRA adopt their own rates. NTTA also bills drivers for trips on TEXpress lanes, where the operator sets the rate within the agreement. Texas Transportation Code §§223.206 and 223.208 · NTTA’s TEXpress guidance
| Road | Who sets the toll | Governing record |
|---|---|---|
| LBJ TEXpress | LBJ Infrastructure Group under its TxDOT agreement | LBJ executed agreements and exhibits |
| North Tarrant Express, Segments 1 and 2W | NTE Mobility Partners under its TxDOT agreement | TxDOT agreement index |
| North Tarrant Express 35W, Segments 3A, 3B and 3C | NTE Mobility Partners Segments 3 under its restated TxDOT agreement | TxDOT toll regulation, Exhibit 4 |
| SH 130, Segments 5 and 6 | SH 130 Concession Company within the maximum in the amended agreement | Executed amendments, Amendment 8 |
| SH 288 managed lanes in Harris County | TxDOT under a state rate agreement and pricing methodology | Commission Minute Order 116976 |
When the DFW toll can exceed the cap
The LBJ and NTE contracts started with an ordinary base-rate cap of $0.75 per mile. Exhibit 4 applies the change in the national consumer price index from December to December. Using the unadjusted index and December 2008 as the base gives $1.094 per mile for 2024, $1.126 for 2025 and $1.156 for 2026. Ferrovial’s May 2026 investor materials report the same 2026 figure. NTE 35W Exhibit 4, F.5(a) · BLS December 2008 · BLS December 2023 · BLS December 2025 · Ferrovial fact book, slide 40
Exhibit 4 lets the operator go above that threshold after the introductory period. The contract looks back at ten one-minute readings. An increase is triggered if all five highest volume readings exceed 3,300 passenger-car equivalents per hour on a two-lane segment or 5,100 on a three-lane segment, or if all five lowest speed readings fall below 50 mph. In that case the operator multiplies the existing rate by a demand factor between 1.00 and 1.25. It can adjust the price at most once every five minutes. NTE 35W Exhibit 4, F.4–F.5 and G.1
Ferrovial calls this “Mandatory Mode.” There is no final dollar ceiling in the escalation formula. The same clause requires the operator to hold the price in the specified middle traffic band and lower it when speeds recover and volumes fall enough. Operators must send TxDOT weekly and monthly reports showing why the price crossed the cap and how it came back down. Those logs are what an audit of a particular surge price would need. NTE 35W Exhibit 4, F.5(c) and G.2 · Ferrovial fact book, slide 40
The final charge also depends on the toll segment’s billing length and the vehicle multiplier. The NTE 35W agreement allows a full segment charge for a partial trip and protects drivers from charges above the applicable displayed or published price under Exhibit 4. A bill divided by the miles driven on a phone map can give a higher figure than the contract’s per-mile rate. NTE 35W Exhibit 4, C.3 and F.1–F.6
SH 130 indexes its maximum to Texas output per person
Amendment 8 sets the 2006 base maximum at $0.125 per mile for a standard Class A vehicle. At the service anniversary, the contract adjusts that rate by the ratio of the specified Texas economic output per person to the baseline of $42,974.82. The index cannot fall below the prior year’s value. The rate is rounded to the nearest tenth of a cent and applied to the length of the toll zone. The two mainline zones in the exhibit measure 12.879 and 28.144 miles. SH 130 executed amendments, Amendment 8 and Exhibit 4
The operator’s rate page showed $11.05 by tag and $14.70 by mail for a Class A trip across the private section when checked on November 11, 2026. Skyline accounts for $3.47 of the tag price and Bluebonnet for $7.58. An earlier pension investor packet, dated September 2024, reported $9.49 for a full-length Class A trip and left its exact rate date and payment method unspecified. These published amounts tell a driver what was quoted. Checking the contract maximum would require the economic-data releases and prior-year index the parties actually used. The additional video billing premium has its own rules under Amendment 12. SH 130 South toll rates · Kentucky Public Pensions Authority, September 2024 packet, p. 8 · SH 130 executed amendments, Amendments 8 and 12
Houston’s SH 288 rate cut left some peaks intact
The Texas Transportation Finance Corporation paid Blueridge Transportation Group about $1.73 billion on TxDOT’s behalf to terminate the concession on October 8, 2024. The state already owned the highway and regained control of the managed lanes. The former concession’s rate formula is a historical record. The current rules come from the public rate agreement and the pricing methodology that went into effect on takeover. Commission Minute Order 116976, pp. 1–4
In July 2025 the commission called for an approximately 50% reduction in average rates, subject to the rate agreement. TxDOT said some peak periods would remain. The Monday schedule at Holly Hall northbound shows what a cut that varies by time of day looks like for a two-axle vehicle. Commission Minute Order 116976, pp. 3–4 · TxDOT toll-relief announcement
| Monday, Holly Hall northbound | October 2024 | August 2025 | September 2026 |
|---|---|---|---|
| Midnight | $2.30 | $2.30 | $0.53 |
| 7 a.m. | $8.59 | $8.59 | $8.76 |
| Noon | $8.59 | $8.59 | $0.83 |
The noon base charge fell about 90%, and the 7 a.m. charge rose about 2%. Each amount covers one pricing point. To test the average reduction, TxDOT would need to disclose how it weights the prices and which periods and trips it counts. TxDOT SH 288 rate archive · September 2026 schedule
How we got this
I used executed TxDOT agreements, the amendments available through the agency, commission orders, public toll schedules and federal CPI releases. The schedule comparison covers sampled posted prices from 2024–2026. Actual driver charges, a complete DFW price and traffic log, the historical economic inputs used to set SH 130’s maximum, and the signed SH 288 public pricing methodology are missing from the record I could check. The state’s rate authority and reporting rights come from the statute, administrative rule and individual agreements. Texas Transportation Code §223.208 · Commission’s adopted rule, 43 TAC §27.82 · TxDOT’s North Tarrant Express agreements
For a disputed charge, keep the line item, trip time, entry and exit, vehicle class, tag status and any record of the sign price. Start with the agency that sent the bill. A price above the DFW threshold can be valid. The records that settle the question are the price offered to the driver and the traffic readings that justified the increase. NTTA TollTag Agreement, §§7 and 9 · NTE 35W Exhibit 4, C.3 and G.2
Sources
- NTE 35W toll regulation, Exhibit 4
- Ferrovial 2026 fact book, slide 40
- SH 130 executed amendments
- Commission Minute Order 116976
- Texas Transportation Code §§223.206 and 223.208
- NTTA’s TEXpress guidance
- LBJ executed agreements and exhibits
- TxDOT agreement index
- BLS December 2008
- BLS December 2023
- BLS December 2025
- SH 130 South toll rates
- Kentucky Public Pensions Authority, September 2024 packet, p. 8
- TxDOT toll-relief announcement
- TxDOT SH 288 rate archive
- September 2026 schedule
- Commission’s adopted rule, 43 TAC §27.82
- NTTA TollTag Agreement, §§7 and 9
Supporting material
- Article table · The name on the bill tells you who collected it ↗The rows printed in this article as a CSV file.
- Article table · Houston’s SH 288 rate cut left some peaks intact ↗The rows printed in this article as a CSV file.