Is Chicago Expecting to Generate $40M+ Per Year in New Speed Camera Tickets?

Mayor Rahm Emanuel predicted that Chicago's new speed cameras would generate $15 million in revenue for the remainder of the year once the ticketing period began.  That is for only 3 months and if you do the math, $15M multiplied by 4 quarters is $60M.  However, you can expect a drop off in tickets as drivers become educated so we are predicting $40M next year.

Drivers speeding from 6 to 10 mph over the speed limit receive a $35 ticket in the mail, and those speeding 11 mph or more receive a $100 ticket.