Your commute could be getting more expensive soon as the Illinois Tollway board is set to vote on what could be the highest rate hike in state history.
Following public hearings on the proposed rate hikes, which were announced last month, the Illinois Tollway is slated to vote at 9:30 a.m. Wednesday on whether to approve the potentially historic move.
The proposed hikes, part of a $26.5 billion capital program, would fund the next 15 years of roadwork on the tollway system, NBC 5 traffic and transportation reporter Kye Martin said.
If the proposal is approved, the rate increases would be the Illinois Tollway’s first rate hike in more than a decade.
The agency called it a “transformative plan to improve our tollways between 2027-2042,” saying it “includes signature projects to improve traffic as well as widespread maintenance and improvement projects.”
The proposal includes a 45-cent increase for passenger vehicles that use I-Pass stickers. Those that don’t have I-Pass stickers would see an increase of 90-cents, Martin said.
Tolls for commercial vehicles would increase by 30 percent, the agency said.
“In addition, the Tollway will adjust rates in accordance with the Consumer Price Index every other year to provide cost predictability for customers,” tollway officials said.
According to Illinois Policy, which has advocated against the hike, the increase would amount to roughly $200 more per year for a driver who uses two tolls a day.
If approved, the changes would begin Jan. 1, 2027.
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