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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.


/home/stevevance/ · Last modified: 2011/08/31 14:14 by stevevance
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