Illinois sets road maintenance budget

Illinois tollway has outlined its budget plans for 2017. The agency expects toll revenues to hit US$1.38 billion for 2017. The plans in the tentative budget call for 75% to be directed to develop infrastructure. Some $336 million will be used for operations and maintenance while $639 million will be used for capital investments. The combined figures planned in the tentative budget for operations and maintenance and capital investments represent an increase of $14 million over the combined sum for 2016. A
November 2, 2016 Read time: 1 min
Illinois tollway has outlined its budget plans for 2017. The agency expects toll revenues to hit US$1.38 billion for 2017. The plans in the tentative budget call for 75% to be directed to develop infrastructure. Some $336 million will be used for operations and maintenance while $639 million will be used for capital investments. The combined figures planned in the tentative budget for operations and maintenance and capital investments represent an increase of $14 million over the combined sum for 2016.

Another $2.4 million is planned to advance diverse parties to work on Tollway contracts. And $14.7 million is planned to support the implementation of an enterprise resource planning system. In addition, $65.3 million is planned to be spent on tracking toll avoiders, supporting I-PASS account management and maintaining the technology used for the tolling network.

Finance & Funding

Related Content

  • Caterpillar’s strong financial performance for 2017
    January 26, 2018
    Caterpillar has announced strong fourth-quarter and full-year results for 2017. Sales and revenues in the fourth quarter of 2017 were US$12.9 billion, compared with $9.6 billion in the fourth quarter of 2016. Fourth-quarter 2017 loss was $2.18/share, compared with a loss of $2/share in the fourth quarter of 2016.
    Read More
  • Australian road maintenance needs an immediate $3.78 billion boost
    July 4, 2014
    The Australian National Road and Motorists Association (NRMA) has published a report highlighting a widening gap in national funds available for road maintenance, a gap which the motoring group says has already reached Aus $3.78 billion. The association is calling on the Federal Government to allocate more fuel excise revenue to road projects, saying up to half of the current 38.1 cents per litre is required to fund the ‘black hole’.
    Read More
  • RAP extends road maintenance and construction budgets
    October 26, 2020
    As fuel tax revenue disappears in the pandemic, the city of Janesville, Wisconsin is seeing savings and performance benefits
    Read More
  • UK is pothole failure among OECD nations
    August 30, 2023
    The Local Government Association says information shows that nearly US$5.1 billion was spent in 2006 on UK local road maintenance compared with $2.54 billion in 2019.
    Read More

Highlighted Content