The Santa Rosa Bay Bridge Authority is broke. The Authority doesn’t have enough money to fund an annual audit required by the Florida Auditor General, much less generate enough revenues to make multi-million dollar, semiannual bond payments. Most of the Authority’s members have quit over the past couple of years, and replacements are hard to find because of the bridge’s troubled history. At an August 14 meeting held at the Florida Department of Transportation (FDOT) office in Milton, the group was left with little choice but to authorize a traffic and revenue study which could lead to yet another toll hike.
