MDTA Annual Comprehensive Financial Report 2024

NOTE 3 RESTRICTED CASH AND CASH EQUIVALENTS AND RESTRICTED INVESTMENTS

NOTE 3 Restricted Cash and Cash Equivalents and Restricted Investments Restricted assets are to be used to construct projects to be leased under intergovernmental financing lease agreements or to retire debt incurred to finance the assets. The MDTA’s restricted cash and cash equivalents and restricted investments as of June 30, 2024, are as follows:

Restricted Cash and Cash Equivalents and Restricted Investments

Current

Non-Current

Total

Restricted Cash and Cash Equivalents MDTA Capital projects Debt service and debt service reserves Non-recourse projects: BWI projects Calvert Street parking garage project Total Restricted Cash and Cash Equivalents

$

— 76,538

$

182 —

$

182 76,538

10,041 1,344 87,923

104,036 — 104,218

114,077 1,344 192,141

Restricted Investments MDTA Capital projects Non-recourse projects: BWI projects Total Restricted Investments

— —

4,753 4,753

4,753 4,753

Total Restricted Cash and Cash Equivalents and Restricted Investments

$

87,923

$

108,971

$

196,894

56 | Maryland Transportation Authority | Notes to the Financial Statements ($ in thousands)

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