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Ohio Turnpike Commission outlines $463.8 million 2025 operating budget, $2 billion debt and $319 million capital plan
Summary
Chief engineer and deputy executive director said the turnpike is almost entirely self-funded by tolls, maintains high bond ratings, launched a modern tolling system in April 2024, and plans more than $2 billion in capital investment over the next decade.
Chris Motta, chief engineer and deputy executive director of the Ohio Turnpike and Infrastructure Commission, told the House Transportation Committee the commission’s 2025 operating budget is about $463.8 million, funded primarily by toll revenue, and that the commission carries roughly $2.0 billion in outstanding senior and junior lien debt.
Motta said approximately $414.0 million of the 2025 operating budget is expected from tolls, with $17.1 million from concessions, $19.2 million from investment income, $10.7 million from miscellaneous sources such as transponder fees and advertising, and about $2.1 million from state motor fuel tax receipts tied to sales at service plazas. He told the committee the commission approved a $319 million capital budget for 2025 focused on pavement, bridges and safety projects and said the commission plans to invest more than…
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