The North Texas Tollway Authority (NTTA) maintains and operates toll roads, bridges and tunnels in the North Texas area. Functioning as a political subdivision of the State of Texas under Chapter 366 of the Transportation Code, the NTTA is empowered to acquire, construct, maintain, repair and operate turnpike projects; to raise capital for construction projects through the issuance of Turnpike Revenue Bonds; and to collect tolls to operate, maintain and pay debt service on those projects.
The NTTA is governed by a nine-member Board of Directors, two appointed by each of the four counties in its service area, and one appointed by the Texas Governor. It is a non-profit entity. It performs many of the same functions as the Texas Department of Transportation, but is limited solely to facilities that it operates for revenue.
The Authority's mission statement reads: "To provide a fiscally sound system of innovative toll facilities, services and solutions that improves the mobility, quality of life and economy of the North Texas region."