Ohio Turnpike will see record revenues
Ohio Turnpike.
Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Posted: 11/30/2012
BEREA, Ohio - Toll increases will help the Ohio Turnpike see record revenue of about $270 million this year.
Turnpike officials reported Thursday that a 10-percent toll increase to start the year, combined with traffic running higher than projected, will generate about $250 million in tolls.
And money from service plaza concessions and other sources will raise year-end revenues to an all-time high of about $270 million.
The (Cleveland) Plain Dealer reports that Gov. John Kasich (KAY'-sihk) is expected to announce soon whether his office wants to lease all or parts of the turnpike operation, such as toll collection, or merge the toll road with the Ohio Department of Transportation.
Kasich says the idea is to "unlock" the toll road's value and help cash-strapped Ohio finance more transportation projects.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
PRINT
Traffic News
-
Road reopens after fatal crash in Geauga
At least one person was killed in a crash in Geauga County Wednesday morning.
-
Councilman criticizes Shoreway fee
Cleveland City Councilman Matt Zone is calling for an assessment of Cleveland’s permit pricing after NewsChannel5 reported that the “Captain America” crews paid $20 to shut down parts of the Detroit Shoreway for two weeks.
-
Shoreway eastbound reopens
-
Ohio Turnpike toll hikes coming soon
-
One lane currently open on I-480 EB
-
Final day for Shoreway shutdown
-
Head-on collision on CLE east side
