OHIO TURNPIKE COMMISSION

Resolution Adopting Proposed Annual Operating Budget for the

Year 2010 and Providing for Deposits Required Under the 1994 Trust

Agreement During said Year

WHEREAS, Section 5537.17(F), Revised Code of Ohio, requires the Commission

to submit a copy of its Proposed Annual Operating Budget to the Governor, the Presiding

Officers of each House of the General Assembly, the Director of Budget & Management,

and the Legislative Service Commission, no later than the first day of the calendar or

fiscal year; and

WHEREAS, the Master Trust Agreement dated February 15, 1994, as

supplemented between the Commission and The Huntington National Bank (Trust

Agreement) provides that the Commission shall adopt an annual operating budget on or

before the first day of each fiscal year and shall file same with the Trustee; and

WHEREAS, the Commission in order to comply with the provisions of Section

5537.17(F) of the Revised Code of Ohio, and the provisions of the Trust Agreement,

which requires the deposit of Gross Revenues as provided therein, takes the following

action.

NOW, THEREFORE, BE IT

RESOLVED that the Commission hereby adopts the following as its Annual

Operating Budget for the Year 2010 and the Executive Director, his successor or the

General Counsel are directed to transmit a copy of the budget to the appropriate officials

set forth in Section 5537.17(F) and to The Huntington National Bank, Trustee, under the

Commission’s Trust Agreement as is provided in Section 5.01(a)(iii):

OHIO TURNPIKE COMMISSION

2010 ANNUAL OPERATING BUDGET

PLEDGED

NON-PLEDGED

TOTAL

REVENUES:

TOLL

217,972,500

CONCESSION

13,378,400

431,100

13,809,500

INVESTMENT

643,600

433,000

1,076,600

FUEL TAX

2,000,000

OTHER

1,586,500

TOTAL REVENUES

233,581,000

2,864,100

236,445,100

EXPENDITURES:

OPERATION, MAINTENANCE & ADMINISTRATION:

ADMINISTRATION & INSURANCE

10,096,800

MAINTENANCE OF ROADWAY & STRUCTURES

40,059,600

SERVICES & TOLL OPERATIONS

54,129,600

TRAFFIC CONTROL, SAFETY, PATROL & COMM.

16,024,700

TOTAL OPERATION, MAINTENANCE & ADMIN.

120,310,700

DEBT SERVICE PAYMENTS

55,412,500

TOTAL EXPENDITURES

175,723,200

TRANSFERS TO:

EXPENSE RESERVE

32,700

NON-TRUST FUND

400,000

FUEL TAX FUND

2,001,000

SERVICE PLAZAS CAPITAL IMPROVEMENT FUND

463,100

RENEWAL & REPLACEMENT FUND

6,000,000

SYSTEM PROJECTS FUND

51,825,100

TOTAL TRANSFERS

57,857,800

2,864,100

60,721,900

TOTAL EXPENDITURES & TRANSFERS

233,581,000

2,864,100

236,445,100

(Resolution No. 33-2009 adopted December 18, 2009)