Fiscal Year nd Quarter Report Quarterly Report of Actual Traffic and Toll Revenue For period ending February 28, 2018

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2 Fiscal Year nd Quarter Report Quarterly Report of Actual Traffic and Toll Revenue For period ending February 28, 2018 Footer Text Date

3 Table of Contents Section Page Number Disclaimer 3 Notes and Observations 4-5 Significant Events and Disclosures 6-8 SECTION I: CTTS Overview Executive Summary 10 SECTION II: CTTS Traffic Historical Monthly Transactions Historical Monthly Transactions by Facility 14 Historical Monthly Transactions by Vehicle Type 15 Historical ETC vs. PBM Transactions 16 SECTION III: CTTS Toll Revenue Historical Monthly Toll Revenue Historical Monthly Toll Revenue by Facility 20 SECTION IV: Debt Service Coverage Actual Debt Service Coverage 22 SECTION V: Additional CTTS Information CTTS Map 24 Toll Rate Information 25 Data Tables

4 Disclaimer Information in this report regarding the Central Texas Turnpike System (CTTS) has been compiled and provided by the Texas Department of Transportation (TxDOT) records and other sources which are believed by TxDOT to be reliable and is provided as a voluntary disclosure. TxDOT does not make any warranty concerning the usefulness of such information to a decision to invest in, hold, or sell bonds, notes or other obligations payable, in whole or in part, from the sources pledged to the payment of the Issues. 3

5 Notes and Observations The CTTS Fiscal Year Report provides information on projected transactions and toll revenues compared to actuals. Transaction and toll revenue projections used in this report are based on the transaction and toll revenue projections documented in the 2014 CTTS Traffic and Revenue Forecast dated December 30, 2014, and has been seasonally adjusted to better represent the month-to-month trends established over recent years. All toll revenue projections are based on the assumed shares of transactions by payment method and adjusted to reflect anticipated losses due to uncollectable transactions assumed at the time the 2014 forecasts were prepared. Toll revenue reported excludes customer service and administrative fees and charges. Transaction and toll revenue trends may not exactly correlate on a monthly or quarterly basis due to the following factors: A transaction occurs when a vehicle passes thru a tolling point. Transaction counts are generated through the roadway Toll Management System (TMS) and toll revenue is derived from Conduent s Vector4G back office system reports. Transactions are reported in the month in which they occur. Toll revenue for Electronic Toll Collection (ETC) transactions are recognized when they are earned, which is at the time the transaction occurs. Pay By Mail (PBM) toll revenues are recognized when cash payment is received. For example, a PBM transaction may be reported in one month, but toll revenue for that transaction may not be received until a later month. Each transaction may result in a different amount of collected toll revenue depending on the rate charged for the number of axles, type of transaction (ETC or PBM), and tolling point. 4

6 Notes and Observations Seasonal impacts, such as holidays and the number of weekdays in each month, have an impact on month-to-month changes in toll revenue and transactions. A fiscal year end adjustment is made to toll revenue in the Annual Financial Report to reflect PBM toll revenues earned but not collected, less an allowance for doubtful accounts. Thus total annual toll revenues in the Annual Financial Report should reflect the toll revenue earned, adjusted for an allowance for doubtful accounts, during the fiscal year for transactions that occurred in that fiscal year. Transactions include counts when the lane system is placed into event mode (suspended transactions) which means tolling is turned off to facilitate traffic management during traffic incidents or other emergencies. Toll waiver transactions are reported in the period they occur. Traffic and toll revenue data table for individual roadways may vary slightly from the CTTS totals due to rounding. Data in this report is unaudited. 5

7 Significant Events and Disclosures Toll Rate Update - In August of 2012, the Texas Transportation Commission (Commission) adopted a number of changes to the CTTS which were designed in aggregate to make the CTTS more self-sufficient and to strengthen the CTTS financial credit including the adoption of an annual toll escalation policy thru Minute Order adopted by the Commission on August 30, The policy includes review of the proposed increase in October each year, to be implemented the following January, unless changed by the Commission. The annual escalation is the greater of 0% or a calculated rate based on the Consumer Price Index-Urban (or CPI-U ). Minute Order adopted by the Commission on October 26, 2017 accepted a 1.90% toll rate escalation, in accordance with the 2012 Toll Rate Escalation Policy. The toll rate increase took effect January 1, Interoperability Update - Implementation of the Central United States Interoperability (CUSIOP) agreement and related systems integration that began May 13, 2017 resulted in delays in posting transactions, revenues, expenditures, invoicing new transactions, and the settlement and exchange of interoperability tolls and fees between partnering agencies. Additionally, invoices were not sent to PBM customers during the period from July 20, 2017 to September 18, 2017 while technical difficulties were being resolved. For these three months, a delay in receipts of PBM revenue is anticipated. The assessment of violations and collections fees, and the escalation of past due transactions to court was also suspended on July 20, 2017 and has not been reinstated as of the date of this report in anticipation of the new fee schedule required by SB 312 (see below). TxDOT expects to enter into one or more additional interoperability agreements involving other states in order to comply with the Moving Ahead for Progress in the 21st Century Act which requires all toll facilities on federal-aid highways implement technologies or business practices that provide for the interoperability of ETC programs, meaning that all transponders can be read on all facilities and all facilities can read all transponders to provide a seamless process to all patrons on all facilities. On June 29, 2017, the Commission authorized TxDOT to enter into a separate interoperability agreement with other Texas toll entities, the Oklahoma Turnpike Authority, the Kansas Turnpike Authority, and Florida s Turnpike Enterprise related to the interoperability of their respective ETC programs through the use of the Central US Interoperability Hub and the Southeast US Interoperability Hub. The Southeast US Interoperability Hub is owned, operated and maintained by Florida s Turnpike Enterprise and provides for interoperability of transponders on multiple facilities in the states of Florida, North Carolina, South Carolina, Georgia, and Alabama. TxDOT anticipates that it will take several months before this new interoperability agreement is fully implemented following its execution by the parties. 6

8 Significant Events and Disclosures Cont. SB 312 Update - The 85th Texas Legislature passed SB 312 related to TxDOT operations which was signed into law by the Governor on June 9, SB 312 requires multiple changes to TxDOT's toll collection and enforcement procedures effective March 1, 2018; specifically, the changes require customers without valid electronic toll collection transponders or tags to receive an invoice for payment of tolls after using a TxDOT operated toll project and includes provisions relating to the invoicing of transactions on CTTS that are currently categorized as PBM. SB 312 permits customers to opt into electronic invoicing and requires rules to be created to implement a fee system that levies a single administrative fee per invoice not to exceed $6 per invoice and cumulative administrative fees not to exceed $48 annually, which replaces the current system that levies fees at a higher rate on a per transaction basis. On January 25, 2018, the Commission adopted rules to implement SB 312 which rules include an administrative fee of $4 per unpaid invoice with a maximum of $48 in administrative fees per person in a 12-month period. The fees referenced in SB 312 are separate from a statutorily-authorized mailing fee which may be added to mailed invoices. Fee Dismissal Policy - TxDOT is implementing a one-time dismissal policy for all unpaid administrative fees, which include delinquent toll violation, collection and court fees (collectively, "Dismissed Fees") relating to unpaid toll transactions that occurred between January 1, 2007 and November 1, 2017 for the CTTS. The Dismissal Policy does not affect the unpaid tolls due from toll transactions related to the Dismissed Fees. Additional information regarding the fee dismissal policy may be obtained by viewing the voluntary filing made by TxDOT with the Municipal Securities Rulemaking Board through its Electronic Municipal Market Access (EMMA) system on April 12, 2018 relating to the outstanding CTTS obligations and may be accessed over the internet at The fee dismissal EMMA filing is hereby incorporated by reference into and made a part of this report as if set forth herein. US 290 East Phase 3 Update - The Commission adopted Minute Order on June 29, 2017 authorizing the expenditure of available CTTS revenues to pay for the estimated $41.1 million of development and construction costs for a direct connector expansion project for a portion of the SH 130 element of the CTTS. TxDOT and the Central Texas Regional Mobility Authority (CTRMA) have been proceeding with the development of projects at the interchange of SH 130 and CTRMA s toll facility in the US 290 East corridor (290 Toll) in Travis County. The SH 130 direct connector and related improvements being paid for by CTTS revenues is part of the SH 130 element of the CTTS and will be located at the eastbound 290 Toll and connect to southbound SH 130. In Minute Order , the Commission also approved the connection to a segment of the state highway system (at southbound SH 130 to westbound 290 Toll and northbound SH 130 to westbound 290 Toll) of two other direct connectors being developed, financed, constructed and operated by CTRMA as its Manor Expressway (290 Toll) Phase III Project which CTRMA direct connectors and related improvements are not part of the CTTS. The project is currently anticipated to be let in 2018 with an estimated completion date of late

9 Significant Events and Disclosures Cont. SH 130 Expansion Project Update - The Commission adopted Minute Order on January 26, 2017 authorizing TxDOT to proceed with the SH 130 expansion project to add an additional toll lane in each direction from SH 45N to US 290 (approximately 9 miles of Segment 2 of SH 130) and from US 290 to SH 71 (approximately 11.4 miles of Segment 3 of SH 130), and to expend funds from the capital contribution account of the construction fund created under the CTTS indenture for that purpose. This project was divided into the following two separate construction contracts for letting: Segment 2 - adds an additional toll lane in each direction from SH 45N to US 290 (approximately 9 miles). The project was let by TxDOT on December 1, Contract award is anticipated in Construction is scheduled to be completed early Segment 3 - adds an additional toll lane in each direction from US 290 to SH 71 (approximately 11.4 miles). The project is anticipated to be let by TxDOT in 2018, with an estimated completion date of early Additional Information - Published CTTS reports may be accessed at: Additional information on the CTTS, including a current toll rate schedule may be accessed at: Such reports and additional information should not be considered to speak as of any date other than the date indicated in such document. 8

10 Section I: CTTS Overview Footer Text Date 9

11 Traffic Millions Millions Millions Executive Summary Historical Monthly Transactions Summary Historical Monthly Toll Revenue Summary FY2016 FY2017 FY2018 $20 FY2016 FY2017 FY $ $ $5 2 0 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug $0 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Actual vs. Projected Transactions and Toll Revenue Actual Traffic Projected Traffic 15 Actual Toll Revenue Projected Toll Revenue $16 13 $14 11 $12 $10 Revenue Millions Debt Service Coverage 4.20x 1st Tier Debt Service Coverage Debt Service Coverage 3.50x 2.80x 2.10x 1.40x 0.70x 1st Tier Rate Covenant Rate Covenant 9 $8 0.00x FY13 FY14 FY15 FY16 FY17 10

12 Section II: CTTS Transactions Footer Text Date 11

13 Historical Monthly Transactions Historical Monthly Transactions (millions) 16 FY2016 FY2017 FY Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug FY FY FY

14 Millions Historical Monthly Transactions Historical Monthly Transactions (millions) 14.5 FY2016 FY2017 FY Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 13

15 Millions Millions Millions Millions Historical Monthly Transactions by Facility SH 130 Historical Monthly Transactions SH 45N Historical Monthly Transactions 7.0 FY2016 FY2017 FY FY2016 FY2017 FY Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 3.4 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug SH 45SE Historical Monthly Transactions Loop 1 Historical Monthly Transactions 0.8 FY2016 FY2017 FY FY2016 FY2017 FY Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 1.7 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 14

16 Historical Monthly Transactions by Vehicle Type Monthly Transactions versus Projections (millions) (12 Month Moving Avg) Projected Actual Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Monthly Transactions versus Projections Auto (millions) (12 Month Moving Avg) Projected Actual Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Monthly Transactions versus Projections Truck (millions) (12 Month Moving Avg) 0.98 Projected Actual Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 15

17 Historical ETC vs. PBM Transactions Historical ETC vs. PBM Transactions ETC PBM Cash 100% 90% 80% 2.40% 25.80% 30.00% 31.60% 34.80% 33.70% 32.50% 70% 60% 50% 40% 30% 71.80% 70.00% 68.40% 65.20% 66.30% 67.50% 20% 10% 0% FY2013 FY2014 FY2015 FY2016 FY2017 FYTD2018 Note: In 2013, CTTS eliminated all toll collection booths/automatic cash machines and implemented All Electronic Tolling. 16

18 Section III: CTTS Toll Revenue Footer Text Date 17

19 Historical Monthly Toll Revenue Historical Monthly Toll Revenue (millions) $18 FY2016 FY2017 FY2018 $16 $14 $12 $10 $8 $6 $4 $2 $0 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug FY2016 $13.8 $13.6 $13.6 $13.5 $13.5 $13.6 $15.2 $14.0 $15.0 $14.6 $14.4 $15.9 FY2017 $14.3 $16.6 $15.3 $15.6 $14.2 $14.8 $16.8 $16.0 $16.0 $16.0 $15.4 $13.8 FY2018 $13.3 $15.4 $16.5 $16.1 $16.6 $

20 Millions Historical Monthly Toll Revenue Historical Monthly Toll Revenue (millions) $18.0 FY2016 FY2017 FY2018 $17.0 $16.0 $15.0 $14.0 $13.0 $12.0 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 19

21 Millions Millions Millions Millions Historical Monthly Toll Revenue by Facility SH 130 Historical Monthly Toll Revenue SH 45N Historical Monthly Toll Revenue $10.5 FY2016 FY2017 FY2018 $4.4 FY2016 FY2017 FY2018 $9.5 $4.2 $4.0 $8.5 $7.5 $6.5 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug $3.8 $3.6 $3.4 $3.2 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug SH 45SE Historical Monthly Toll Revenue Loop 1 Historical Monthly Toll Revenue $0.8 FY2016 FY2017 FY2018 $2.3 FY2016 FY2017 FY2018 $0.7 $2.1 $0.6 $1.9 $0.5 $1.7 $0.4 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug $1.5 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 20

22 Section IV: Debt Service Coverage Footer Text Date 21

23 Debt Service Coverage Actual Debt Service Coverage Actual Debt Service Coverage First Tier DSCR DSCR 0.00 FY12 FY13 FY14 FY15 FY16 FY17 First Tier DSCR 2.02x 3.02x 3.66x 3.31x 3.51x 3.65x DSCR 1.19x 1.67x 1.98x 2.07x 1.64x 1.81x FY12 FY13 FY14 FY15 FY16 FY17 Toll Revenue $75.7 $105.8 $130.9 $152.3 $170.7 $185.0 Fee Revenue Interest & Other Revenue Revenue $92.5 $125.3 $150.2 $169.4 $178.9 $208.1 First Tier D/S (1) $45.8 $41.5 $41.0 $51.2 $50.9 $57.1 Second Tier D/S (1) $31.7 $33.7 $35.0 $30.7 $57.9 $57.9 *All dollar amounts shown in millions. (1) The debt service presented is based on scheduled cash payments in accordance with the 2015 Official Statement. Differences with the CTTS Annual Financial Report are based on GAAP rules applicable to enterprise funds. Published report may be accessed at: 22

24 Section V: Additional CTTS Information Footer Text Date 23

25 CTTS Map 24

26 Toll Rate Information Toll Rates by Year Roadway Miles Full Length Toll Rates Toll Rates per Mile January 1, 2016 January 1, 2017 January 1, 2018 January 1, 2016 January 1, 2017 January 1, 2018 SH $7.00 $7.08 $7.20 $0.14 $0.14 $0.15 SH 45N 12.8 $2.12 $2.14 $2.18 $0.17 $0.17 $0.17 SH 45SE 7.0 $1.04 $1.05 $1.07 $0.15 $0.15 $0.15 Loop $1.06 $1.07 $1.09 $0.27 $0.27 $0.27 The toll rates shown are for ETC transactions for two-axle vehicles ( Auto ). The full length Toll Rates include mainline plaza rates multiplied by the number of mainline tolling points for each roadway and exclude entrance and exit ramp charges. Toll rate increase took effect January 1, See Significant Events and Disclosures regarding toll escalation. Annual Toll Rates for all years shown were adjusted in accordance with the toll rate escalation policy. However, because of the percent of the escalation adjustment and/or rounding to the nearest penny for the toll rates presented above, certain years shown above do not show a change in the presented toll rates for subsequent years. 25

27 Data Tables - Transactions CTTS Transactions FY 2018 ETC PBM Current Transactions Current -vs- Projected Current -vs- Prior Year Transactions Projected Transactions Variance Variance % Prior Year Transactions Variance Variance % September 8,419,980 4,206,763 12,626,743 11,190,000 1,436,743 13% 12,354, ,581 2% October 9,168,579 4,383,636 13,552,215 11,866,600 1,685,615 14% 13,038, ,310 4% November 8,546,953 4,320,195 12,867,148 11,069,600 1,797,548 16% 12,264, ,052 5% December 8,253,209 4,042,265 12,295,474 11,192,700 1,102,774 10% 12,085, ,515 2% January 7,952,045 3,787,095 11,739,140 10,607,700 1,131,440 11% 11,614, ,905 1% February 8,118,264 3,538,681 11,656,945 10,642,200 1,014,745 10% 11,435, ,975 2% March April May June July August TOTAL 50,459,030 24,278,635 74,737,665 66,568,800 8,168,865 12% 72,793,327 1,944,338 3% 26

28 Data Tables - Transactions SH 130 Transactions FY 2018 ETC PBM Current Transactions Current -vs- Projected Current -vs- Prior Year Transactions Projected Transactions Variance Variance % Prior Year Transactions Variance Variance % September 3,714,367 2,161,265 5,875,632 4,987, ,132 18% 5,703, ,827 3% October 4,078,794 2,259,762 6,338,556 5,340, ,856 19% 6,113, ,043 4% November 3,680,488 2,302,730 5,983,218 5,040, ,618 19% 5,764, ,750 4% December 3,512,931 2,031,448 5,544,379 4,933, ,779 12% 5,499,067 45,312 1% January 3,310,721 1,841,946 5,152,667 4,549, ,567 13% 5,144,745 7,922 0% February 3,455,055 1,703,915 5,158,970 4,672, ,570 10% 5,154,870 4,100 0% March April May June July August TOTAL 21,752,356 12,301,066 34,053,422 29,523,900 4,529,522 15% 33,380, ,954 2% 27

29 Data Tables - Transactions SH 45N Transactions FY 2018 ETC PBM Current Transactions Current -vs- Projected Current -vs- Prior Year Transactions Projected Transactions Variance Variance % Prior Year Transactions Variance Variance % September 2,911,442 1,238,318 4,149,760 3,636, ,660 14% 4,105,457 44,303 1% October 3,128,026 1,275,354 4,403,380 3,810, ,180 16% 4,248, ,042 4% November 2,970,256 1,212,159 4,182,415 3,507, ,615 19% 3,965, ,367 5% December 2,912,347 1,216,484 4,128,831 3,657, ,431 13% 4,036,059 92,772 2% January 2,841,196 1,178,158 4,019,354 3,544, ,654 13% 3,970,802 48,552 1% February 2,845,013 1,111,345 3,956,358 3,484, ,558 14% 3,856,467 99,891 3% March April May June July August TOTAL 17,608,280 7,231,818 24,840,098 21,641,000 3,199,098 15% 24,182, ,927 3% 28

30 Data Tables - Transactions SH 45SE Transactions FY 2018 ETC PBM Current Transactions Current -vs- Projected Current -vs- Prior Year Transactions Projected Transactions Variance Variance % Prior Year Transactions Variance Variance % September 352, , , ,500 56,344 11% 548,626 23,218 4% October 384, , , ,300 44,202 8% 604,420 4,082 1% November 363, , , ,900 33,874 6% 569,250 (476) 0% December 318, , , ,900 2,523 1% 522,145 (15,722) -3% January 300, , , ,300 8,813 2% 488,421 (16,308) -3% February 327, , , ,200 7,281 2% 494,069 (2,588) -1% March April May June July August TOTAL 2,047,915 1,171,222 3,219,137 3,066, ,037 5% 3,226,931 (7,794) 0% 29

31 Data Tables - Transactions Loop 1 Transactions FY 2018 ETC PBM Current Transactions Current -vs- Projected Current -vs- Prior Year Transactions Projected Transactions Variance Variance % Prior Year Transactions Variance Variance % September 1,441, ,960 2,029,507 2,050,900 (21,393) -1% 1,996,274 33,233 2% October 1,577, ,600 2,201,777 2,151,400 50,377 2% 2,072, ,143 6% November 1,532, ,953 2,132,741 1,986, ,441 7% 1,965, ,411 9% December 1,509, ,811 2,115,841 2,097,800 18,041 1% 2,028,688 87,153 4% January 1,499, ,372 2,095,006 2,050,600 44,406 2% 2,010,267 84,739 4% February 1,490, ,833 2,050,136 2,000,800 49,336 2% 1,930, ,572 6% March April May June July August TOTAL 9,050,479 3,574,529 12,625,008 12,337, ,208 2% 12,003, ,251 5% 30

32 Data Tables Toll Revenue CTTS Toll Revenue FY 2018 Current Toll Revenue Projected Toll Revenue Current - vs- Projected Variance Variance $ % Prior Year Toll Revenue Current - vs- Prior Year Variance Variance $ % September $ 13,301,868 $ 13,323,800 $ (21,932) 0% $ 14,290,442 $ (988,574) -7% October $ 15,433,446 $ 14,198,100 $ 1,235,346 9% $ 16,570,061 $ (1,136,615) -7% November $ 16,495,580 $ 14,134,200 $ 2,361,380 17% $ 15,264,260 $ 1,231,319 8% December $ 16,128,701 $ 14,453,500 $ 1,675,201 12% $ 15,644,076 $ 484,625 3% January $ 16,638,367 $ 14,061,100 $ 2,577,267 18% $ 14,179,622 $ 2,458,745 17% February $ 15,633,439 $ 14,229,500 $ 1,403,939 10% $ 14,813,127 $ 820,312 6% March April May June July August TOTAL $ 93,631,401 $ 84,400,200 $ 9,231,201 11% $ 90,761,588 $ 2,869,813 3% 31

33 Data Tables Toll Revenue SH 130 Toll Revenue FY 2018 Current Toll Revenue Projected Toll Revenue Current - vs- Projected Variance Variance $ % Prior Year Toll Revenue Current - vs- Prior Year Variance Variance $ % September $ 7,711,968 $ 7,107,800 $ 604,168 9% $ 8,371,520 $ (659,552) -8% October $ 8,989,448 $ 7,534,000 $ 1,455,448 19% $ 9,733,968 $ (744,520) -8% November $ 9,325,932 $ 7,621,100 $ 1,704,832 22% $ 8,996,781 $ 329,151 4% December $ 9,557,876 $ 7,772,200 $ 1,785,676 23% $ 9,291,693 $ 266,182 3% January $ 9,983,221 $ 7,460,300 $ 2,522,921 34% $ 8,123,019 $ 1,860,201 23% February $ 9,282,804 $ 7,698,400 $ 1,584,404 21% $ 8,689,384 $ 593,419 7% March April May June July August TOTAL $ 54,851,248 $ 45,193,800 $ 9,657,448 21% $ 53,206,367 $ 1,644,881 3% 32

34 Data Tables Toll Revenue SH 45N Toll Revenue FY 2018 Current Toll Revenue Projected Toll Revenue Current - vs- Projected Variance Variance $ % Prior Year Toll Revenue Current - vs- Prior Year Variance Variance $ % September $ 3,379,220 $ 3,608,800 $ (229,580) -6% $ 3,543,754 $ (164,535) -5% October $ 3,831,693 $ 3,872,100 $ (40,407) -1% $ 4,108,321 $ (276,628) -7% November $ 4,211,749 $ 3,759,200 $ 452,549 12% $ 3,744,818 $ 466,930 12% December $ 3,868,535 $ 3,839,800 $ 28,735 1% $ 3,755,637 $ 112,898 3% January $ 3,940,779 $ 3,796,300 $ 144,479 4% $ 3,622,038 $ 318,741 9% February $ 3,690,527 $ 3,750,400 $ (59,873) -2% $ 3,642,837 $ 47,690 1% March April May June July August TOTAL $ 22,922,502 $ 22,626,600 $ 295,902 1% $ 22,417,406 $ 505,096 2% 33

35 Data Tables Toll Revenue SH 45SE Toll Revenue FY 2018 Current Toll Revenue Projected Toll Revenue Current - vs- Projected Variance Variance $ % Prior Year Toll Revenue Current - vs- Prior Year Variance Variance $ % September $ 511,206 $ 515,000 $ (3,794) -1% $ 573,751 $ (62,545) -11% October $ 640,808 $ 557,400 $ 83,408 15% $ 675,854 $ (35,046) -5% November $ 744,240 $ 570,700 $ 173,540 30% $ 625,284 $ 118,957 19% December $ 624,904 $ 571,900 $ 53,004 9% $ 635,148 $ (10,244) -2% January $ 614,691 $ 550,200 $ 64,491 12% $ 550,078 $ 64,612 12% February $ 602,065 $ 566,600 $ 35,465 6% $ 590,476 $ 11,589 2% March April May June July August TOTAL $ 3,737,913 $ 3,331,800 $ 406,113 12% $ 3,650,591 $ 87,323 2% 34

36 Data Tables Toll Revenue Loop 1 Toll Revenue FY 2018 Current Toll Revenue Projected Toll Revenue Current - vs- Projected Variance Variance $ % Prior Year Toll Revenue Current - vs- Prior Year Variance Variance $ % September $ 1,699,474 $ 2,092,200 $ (392,726) -19% $ 1,801,416 $ (101,942) -6% October $ 1,971,497 $ 2,234,600 $ (263,103) -12% $ 2,051,917 $ (80,420) -4% November $ 2,213,658 $ 2,183,200 $ 30,458 1% $ 1,897,377 $ 316,282 17% December $ 2,077,386 $ 2,269,600 $ (192,214) -8% $ 1,961,598 $ 115,788 6% January $ 2,099,677 $ 2,254,300 $ (154,623) -7% $ 1,884,486 $ 215,191 11% February $ 2,058,045 $ 2,214,100 $ (156,055) -7% $ 1,890,431 $ 167,613 9% March April May June July August TOTAL $ 12, 119, 737 $ 13, 248, 000 $ (1, 128, 263) - 9% $ 11, 487, 225 $ 632, 512 6% 35