Daily News Brief, July 1, 2016

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KY and IN "Reboot" New I-69 Bridge Plans. Tolling a Possibility.

Evansville Courier & Post reports that the governors of Indiana and Kentucky signed an agreement on June 30 that marks “the first step in rebooting plans” for a new I-69 bridge between Evansville and Henderson, Kentucky. “The states agreed to spend a combined $17 million for an environmental and design study,” on which Indiana will lead, “to figure out how the two states can pay for the bridge and where it will run.” Tolls have been cited as a possible funding source.

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New Ohio River Bridges Projections: More Income Overall, More Leakage.

WDRB-TV News (Louisville) reports that consultant Steer Davies Gleave estimates revenue from 2017 until 2058 will total $8.23 billion (in contrast to a 2013 projection of $7.96 billion). However, “A bigger chunk of toll revenue . . . will go uncollected in the coming years than previously thought, according to new estimates.” The consultants predict “two percent of transponder revenue will go uncollected during the life of project,” a higher “leakage” rate than earlier anticipated, the station reports.

The Courier-Journal (Louisville) leads its coverage with, “Planned toll rates should produce sufficient revenue to cover Kentucky’s share of the cost of the $2.3 billion Ohio River Bridges Project, a new traffic and revenue study concludes.”

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Alaska Governor Shuts Down Toll Bridge Project

Alaska Public Media reports that Governor Bill Walker is halting two major public infrastructure projects, including planning of the controversial Knik Arm toll bridge. Walker said his decision is due to the state’s financial situation.

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