PORTLAND PRESS HERALD • April 23, 2020
Because of the shutdowns related to the coronavirus pandemic, the turnpike expects to see its normal April revenue cut in half. In May, it is eyeing a 30% decrease. In June, it anticipates a 25% reduction. From July through the end of the year, it anticipates highway use to be down about 10% monthly. The turnpike anticipates that less traffic and higher costs will sock its bottom line for the year by as much as $20 million. Despite the expected loss, though, the authority is not worried about its finances. It has $132 million in cash to help it ride out any turmoil.