Toll Tease

Shields, Yvette
August 2003
Bond Buyer;8/27/2003, Vol. 345 Issue 31707, p35
Trade Publication
Reports that according to officials of the Illinois State Toll Highway Authority, despite previous predictions that a toll hike would be needed by the year 2004 to address toll road maintenance needs as required under its bond indentures, the authority's 2004 budget will not include a hike when it is introduced. Prediction made by the agency's previous management; Replacement of the authority's management by the state Governor; Steps taken by the authority to increase non-toll revenue; Other options available to the authority.


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