Turnpike Subsidy Ending

Carvlin, Elizabeth
April 2006
Bond Buyer;4/12/2006, Vol. 356 Issue 32359, p31
Trade Publication
The article reports that the Ohio Department of Transportation has announced that it would not renew a temporary subsidy for the Ohio Turnpike Commission that made up for a portion of revenues lost when the state lowered tolls for truck traffic. The department committed to paying 23.4 million dollars over an 18-month trial period to make for lost revenues that are used, in part, to repay bonds.


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