The Illinois State Toll Highway Authority Board has approved a toll rate hike starting in 2027 to fund a $26.5 billion capital improvement plan for future maintenance and repairs.
PRIVATEAug 19, 2026•about 4 hours ago
Amount Raised
$26.5 Billion
Round Type
Venture - Series Unknown
IllinoisGovernment
Description
The Illinois State Toll Highway Authority Board has unanimously approved a significant toll increase. This toll hike aims to fund a comprehensive 15-year, $26.5 billion capital improvement plan. Adjustments will include automatic inflation-based increases every two years starting in 2029. Public support was largely in favor during in-person hearings, although online feedback indicated significant opposition.
Company Information
Company
Illinois State Toll Highway Authority
Location
Illinois, United States
About
The Illinois State Toll Highway Authority is responsible for the maintenance and operation of the tollway system in Illinois. They oversee toll rates, infrastructure improvements, and public hearings regarding toll adjustments. Their recent actions include a significant toll increase to fund a $26.5 billion capital improvement plan. They aim to enhance the safety and efficiency of tollways across the state.
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IllinoisGovernment