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

  • Quebec sets out plan for maintenance of provincial roads
    June 23, 2014
    A substantial plan for road maintenance has been established by Transport Quebec in Canada. The 2014-2016 roadwork plan sets out works needed to provincial roads on Montreal Island. The work is worth some US$1.23 billion (C$1.34 billion) and involves repairing existing road infrastructure. Meanwhile a further $78.85 million (C$85.9 million) will be spent on new roads. The plans call for some 74 work sites in all, with 244 structures to be replaced or repaired. Under the plan, a total of 11,345 jobs will be
    Read More
  • El Salvador has failed to invest infrastructure budget
    June 7, 2016
    The El Salvador Government has failed to finish its planned programme of investments in public infrastructure projects. The country has implemented just 66% of the budget it had previously allotted for infrastructure work during 2015. In all the planned budget accounted for US$682 million. The country has so far spent $206.2 million of the $1.05 billion it has targeted for its 2016 infrastructure budget.
    Read More
  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade
    Read More
  • Road user charging comes to the UK?
    December 14, 2017
    A new funding scheme for England’s proposed Major Road Network was greeted with enthusiasm by local authorities which partly pay for road upkeep. But this enthusiasm may be premature, explains Alan Pauling*
    Read More

Highlighted Content