Toll Rates
ISTHA sets its tolls at a level necessary to maintain and operate the system while retiring its bond debt, and it is required to conduct public hearings on any proposed toll increase. In 1958, the tolls were set at 25 cents at the main plazas and 10 cents at the exit ramps. The first major adjustment generally increased toll rates in 1963, the second generally decreased toll rates in 1970. In 1983, the tolls increased to 40 cents at the main plazas and 15 cents at most ramps. With the advent of the I-PASS system in 2005, the tolls for cash payments were doubled, while rates for cars equipped with I-PASS transponders remained the same. On January 1, 2012, tolls increased by 87 percent, to 75 cents at the main plazas for transponder-equipped cars, and $1.50 for those paying cash. In addition, congestion pricing is used to charge trucks a rate which is $0.50 or $1.00 higher during rush hour than during off-peak hours.
Read more about this topic: Illinois State Toll Highway Authority
Famous quotes containing the words toll and/or rates:
“one is in a shoe factory cursing the machine,
one is at the aquarium tending a seal,
one is dull at the wheel of her Ford,
one is at the toll gate collecting,
one is tying the cord of a calf in Arizona,
one is straddling a cello in Russia....”
—Anne Sexton (1928–1974)
“In the U.S. for instance, the value of a homemaker’s productive work has been imputed mostly when she was maimed or killed and insurance companies and/or the courts had to calculate the amount to pay her family in damages. Even at that, the rates were mostly pink collar and the big number was attributed to the husband’s pain and suffering.”
—Gloria Steinem (20th century)