ILLINOIS TOLLWAY Budget 2018 Published December 2017 x Governor Bruce Rauner x Chairman Bob Schillerstrom x Executive Director Greg Bedalov The Government Finance Offi cers Association of the United States and Canada (GFOA) presented a Distinguished Budget Presentation Award to the Illinois State Toll Highway Authority for the Annual Budget beginning January 2017. In order to receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, operations guide, fi nancial plan and communications device. For questions regarding the 2018 Budget Book, please contact: Michael Colsch Cathy Williams Sam Samra Chief Financial Offi cer Deputy Chief of Finance Capital Budget Manager Phone: 630-241-6800 TABLE OF CONTENTS TABLE OF CONTENTS Section Page Executive Lett er .......................................................................................................................................................................... 1 Executive Summary ................................................................................................................................................................... 3 Tollway Organization and Background ................................................................................................................................. 7 Revenue Sources and Underlying Assumptions ................................................................................................................. 13 Fund Structure .......................................................................................................................................................................... 17 Budget Summaries ................................................................................................................................................................... 23 Strategic Plan ............................................................................................................................................................................ 35 Departmental Maintenance and Operations Budgets and Narratives ............................................................................. 41 Administration ................................................................................................................................................................ 43 Business Systems ............................................................................................................................................................. 47 Communications ............................................................................................................................................................. 53 Diversity and Strategic Development .......................................................................................................................... 59 Engineering ...................................................................................................................................................................... 65 Executive Offi ce and Directors ...................................................................................................................................... 77 Illinois State Police District 15 ....................................................................................................................................... 83 Information Technology ................................................................................................................................................. 89 Internal Audit ................................................................................................................................................................... 95 Legal ................................................................................................................................................................................ 101 Offi ce of Finance ............................................................................................................................................................ 105 Offi ce of the Inspector General ................................................................................................................................... 113 Planning .......................................................................................................................................................................... 119 Toll Operations .............................................................................................................................................................. 125 Capital Program ..................................................................................................................................................................... 129 Debt Management .................................................................................................................................................................. 149 Budget Process and Documents........................................................................................................................................... 157 Financial Policies and Practices............................................................................................................................................ 163 Demographics ......................................................................................................................................................................... 167 Appendix ................................................................................................................................................................................ 173 2018 Annual Toll Revenue Certifi cate – CDM Smith ........................................................................................................174 2018 Renewal and Replacement Deposit Requirement – AECOM ................................................................................. 183 2018 Certifi cate of Authorized Offi cer ................................................................................................................................. 184 Acronyms ................................................................................................................................................................................ 185 Glossary ................................................................................................................................................................................... 189 FISCAL YEAR 2018 BUDGET TABLE OF EXHIBITS TABLE OF EXHIBITS Exhibit Number and Title Page Exhibit 1: Tollway Table of Organization ........................................................................................................................ 7 Exhibit 2: Tollway Board of Directors .............................................................................................................................. 8 Exhibit 3: Tollway System Map ....................................................................................................................................... 12 Exhibit 4: Fiscal Year 2014 – Fiscal Year 2018 Sources of Revenue ............................................................................. 13 Exhibit 5: Overview of Flow of Funds ............................................................................................................................ 18 Exhibit 6: Revenues/Expenditures/Transfers and Changes in Accounts and Fund Balances ................................21 Exhibit 7: Fiscal Year 2018 Budgeted Revenues and Expenditures ............................................................................ 23 Exhibit 8: Fiscal Year 2017 – Fiscal Year 2018 Sources of Revenue ............................................................................. 24 Exhibit 9: Fiscal Year 2018 Projected Sources of Revenue ........................................................................................... 24 Exhibit 10: Fiscal Year 2017 – Fiscal Year 2018 Allocations of Revenue ....................................................................... 25 Exhibit 11: Fiscal Year 2018 Projected Allocations of Revenue ..................................................................................... 25 Exhibit 12: Fiscal Year 2018 Projected Capital Expenditures ........................................................................................ 26 Exhibit 13: Fiscal Year 2018 Requested Headcount ........................................................................................................ 27 Fiscal Year 2018 Maintenance and Operations – Exhibit 14: Budget by Category ......................................................................................................................................... 28 Exhibit 15: Budget by Major Account .........................................................................................................................29-30 Exhibit 16: Budget by Department .................................................................................................................................... 32 Exhibit 17: Percentage of Total Budget by Department ................................................................................................. 33 Exhibit 18: Overview of Tollway Operation Metrics ................................................................................................37-38 Exhibit 19: Performance Measurements – Historical