The toll is charged on TWO of the three bridges that cross the Ohio river from Louisville.
The company running the camera tolling system is called Riverlink.
Here is the link that explains everything plus some info I added below the link.
Who handles the money collected?
Earlier this year, U.S. Bank was awarded a contract to be responsible for the deposits of tolling revenues until it is split evenly to Indiana and Kentucky on a periodic basis. U.S. Bank will charge $52,000 annually to manage the RiverLink account.
How much will RiverLink make a year off of tolling?
Indiana and Kentucky will evenly split toll revenue. After the initial ramp-up of the system, toll revenue is expected to be around $100 million a year. Toll revenue will be used for project costs and bridge maintenance as well. Does all of the money made go to satisfy financial obligations?
From RiverLink: "Yes, and maintenance of the bridges. Kentucky will use its half of toll revenues to pay debt services on its bonds as well as operations and maintenance of the Downtown Crossing, its half of tolling operations and maintenance costs, and other project-related costs. The use of toll revenues is governed by a closed indenture which prevents the money from being used for non-project costs.
"Indiana’s portion of toll revenue will be deposited into the Indiana Project Trust and is used to pay all expenses related to the new East End Crossing bridge plus Indiana’s portion of any ORB-related general costs. These costs include payment to the developer."
That’s a bridge now!? I was pissed about Indiana implementing the $.10 per gallon gas tax and the $15 increase in regestration fees. If they make a toll road out of I-65 and I-94, the Indiana republicans are going to have a hard time staying in office.