Illinois Tollway

Two issues: Should we keep issuing debt/bonds, or should we use taxes to support highways instead of tolls?

Evidence suggesting tolls to be abolished after a threshold is reached

Via Lynn

Via Eric

Via murcoli

  • @stevevance See Toll Hwy Act Sec 21. When all bonds issued by Auth'ty are repaid, tollwys revert to freewys, Auth dissolves.
  • @stevevance Of course that is a moment that never comes–and built-in institutional incentive to keep building hwys and issuing debt.

Via Jin Nam

Comments

 
/home/stevevance/wiki.stevevance.net/data/pages/illiniostollway.txt · Last modified: 2011/09/01 09:53 by stevevance
 
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