Tollway reports 2024 revenue above forecast; operating and capital variances highlighted

At the March 20, 2025 meeting of the Finance and Audit Committee of the Illinois State Toll Highway Authority, Chief Financial Officer Kathy Williams told directors that 2024 revenue finished above forecast while certain operating and capital expenditures came in below budget.

Williams said year‑to‑date revenue exceeded the forecast by $48 million, or 2.9 percent, driven by higher toll revenue, stronger investment income and a settlement received in December. Toll revenue for the year was $1,439,000,000, up about 0.8 percent versus forecast; passenger car revenue was cited at $697,000,000, a 3.1 percent increase over 2023 but about 4 percent below 2019 levels. Commercial vehicle revenue was reported at $742,000,000, up 5.6 percent from 2023 and 13.3 percent above 2019 levels.

Williams said…