Maryland Transportation Authority STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION Year Ended June 30, 2024 (In Thousands)
Operating Revenues Toll
$
761,200 55,068 79,529 6,476
Intergovernmental Toll administrative Concession
Total operating revenue
902,273
Operating Expenses Collection, police patrol, and maintenance Major repairs, replacements, and insurance
348,675 12,812 30,816 179,745 35,569
General and administrative Depreciation/amortization Pension expense
607,617
Total operating expenses
294,656
Income from operations
Non-operating Revenues (Expenses) Investment revenue Gain or loss on disposal of infrastructure (non-Key Bridge) Interest expense
45,543 (11,895) (85,917)
(52,269)
Net non-operating expenses
Unusual or Infrequent Items Grant revenue related to Key Bridge collapse Insurance proceeds, net Loss on disposal of Key Bridge Expenses related to Key Bridge collapse Other revenue related to Key Bridge collapse
35,057 325,000 (44,714) (50,462) 2,907
Net unusual or infrequent items
267,788
Changes in net position
510,175
Net Position - Beginning of Year
5,550,198
Net Position - End of Year
$ 6,060,373
The accompanying notes are an integral part of the financial statements
46 | Maryland Transportation Authority | Basic Financial Statements
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