MDTA Annual Comprehensive Financial Report 2024

Fort McHenry Tunnel (I-95, I-395) One of the world’s widest underwater highway vehicular tunnels ever built by the immersed-tube method, the Fort McHenry Tunnel opened to traffic in November 1985. The eight-lane tunnel is nearly 1.4-miles long and connects the Locust Point and Canton areas of Baltimore. The tunnel is a vital link in I-95, the East Coast’s most important interstate route. Including the tunnel and approach roadways, the facility is approximately 10.3 miles in length. • FY 2024 toll transactions: 45.1 million • FY 2024 toll revenue: $231.5 million • FY 2024 revenue as a percentage of total toll revenue: 30.4% • Change in revenue from FY 2023: $11.9 million Francis Scott Key Bridge (I-695) This outer crossing of the Baltimore Harbor opened in March 1977 as the final link in I-695 (the Baltimore Beltway). The 1.7-mile Key Bridge crosses over the Patapsco River where Francis Scott Key was inspired to write the words of the “Star Spangled Banner.” This facility also includes the Bear Creek Bridges and the Curtis Creek Drawbridge. Including the bridge and approach roadways, the facility is 10.9 miles in length. On March 26, 2024, the main spans and three approach spans of the Key Bridge collapsed after a container ship struck one of the piers. • FY 2024 toll transactions: 9.1 million • FY 2024 toll revenue: $44.8 million • FY 2024 revenue as a percentage of total toll revenue: 5.9% • Change in revenue from FY 2023: ($11.3 million) Intercounty Connector (ICC/MD 200) The Intercounty Connector (ICC/MD 200) links I-270/ I-370 in Montgomery County and I-95 in Prince George’s County. The ICC/MD 200 is the MDTA’s first all-electronic, variably-priced toll facility. The majority of the roadway, from I-370 to I-95, opened to traffic in 2011 and the final segment, connecting I-95 to US 1, opened in 2014. • FY 2024 toll transactions: 35.7 million constructed trips • FY 2024 toll revenue: $73.4 million • FY 2024 revenue as a percentage of total toll revenue: 9.6% • Change in revenue from FY 2023: $3.8 million

Fort McHenry Tunnel (I-95, I-395)

Francis Scott Key Bridge (I-695)

Intercounty Connector (ICC/MD 200)

Annual Comprehensive Financial Report For Fiscal Year Ended June 30, 2024 | 15

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