Kansas Turnpike Authority

📍 Wichita, United States🗓 Founded 1953👥 154 employees💰 Last funded May 2013
Truck Transportation🌐 ksturnpike.com
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The Kansas Turnpike Authority moves Kansas forward by operating a safe, reliable and customer-valued turnpike system in a fiscally responsible, businesslike manner. As an independent instrument of the state, it performs an essential government function, specifically providing toll-supported transportation services. The Turnpike was planned and constructed prior to the federal Interstate highway system. Federal planners later designated the Turnpike as Interstate highway rather than building parallel roads, saving millions of dollars. The KTA has never received any federal or state tax dollars. Maintenance and operations are funded from tolls, which also support repayment of revenue bonds used to fund capital improvements. Some additional revenue is received through non-tolling sources such as leases and other contractual agreements. Millions in motor fuel and sales tax collected from the Turnpike’s six service areas is paid each year to the state of Kansas for use unrelated to the Turnpike. The Turnpike’s 236 miles of Interstate roadway generate federal aid that is used by the state of Kansas. This additional federal aid goes into the state highway fund to help fund other Kansas transportation needs.
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1953
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Investors

1 investor
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Investor geography1 country
United States
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Frequently asked questions
Who invested in Kansas Turnpike Authority?
Kansas Turnpike Authority has 1 investor on record on gritt.io.
When did Kansas Turnpike Authority last raise funding?
The most recent investment in Kansas Turnpike Authority recorded on gritt.io was in May 2013.
When was Kansas Turnpike Authority founded?
Kansas Turnpike Authority was founded in 1953.
What industry is Kansas Turnpike Authority in?
Kansas Turnpike Authority operates in Truck Transportation. Find similar Truck Transportation investors on gritt.io.
Where is Kansas Turnpike Authority based?
Kansas Turnpike Authority is headquartered in Wichita, United States.