MDTA Finance and Administration Committee Meeting Materials

MDTA Maryland Transportation Authority

FINANCE AND ADMINISTRATION COMMITTEE

THURSDAY, MAY 14, 2026

MARYLAND TRANSPORTATION AUTHORITY

2310 BROENING HWY BALTIMORE, MD 21224

MEMORANDUM

TO:

Finance and Administration Committee D irector of Fina nce Chantelle Green

FROM:

SUBJECT:

Finance and Administration Committee Meeting

DATE:

May 8, 2026

Enclosed are your materials for the Finance and Administration Committee Meeting on Thursday, May 14, 2026. The meeting will begin at 9:00 a.m. and will be conducted via Microsoft Teams. In accordance with the Open Meetings Act, the meeting information will be published on the MDTA’s website to allow members of the public to observe the meeting. As a reminder, the meeting will be livestreamed. Below please find the directions to log into the meeting: • Open the Microsoft Teams app on your MDTA issued iPad • Once in the app, go to the Microsoft Teams calendar • The Finance Committee meeting will appear on the calendar for the appropriate date • Click the button that says “Join” • Make sure you have your Video On and your Sound on Mute unless speaking • Your video will remain on the duration of the meeting.

If I can provide additional assistance, please email or call me at the following:

Chantelle Green Director of Finance

Office: 410-537-5751 Cell: 443-915-7739 Email: cgreen2@mdta.maryland.gov cc :

Bruce Gartner, Executive Director Gregory Brown, Chief Financial Officer Percy Dangerfield, Chief Administrative Officer

2310 Broening Highway • Baltimore, MD 21224 • mdta@mdta.maryland.gov • 410.537.1000 • 711 (MD Relay) • mdta.maryland.gov • DriveEzMD.com

ATTACHMENTS Informational Items:

• Financial Report • Rate Covenant

FINANCE AND ADMINISTRATION COMMITTEE MEETING AGENDA May 14, 2026 – 9:00 a.m. This meeting will be livestreamed on the Finance and Administration Committee Meeting Archive | MDTA (maryland.gov) NOTE: This is an Open Meeting being conducted via livestreaming. The public is welcomed to watch the meeting at the link listed above. If you wish to comment on an agenda item please email your name, affiliation, and agenda item to cgreen2@mdta.state.md.us no later than noon on Wednesday, May 13, 2026. You MUST pre-register in order to comment . Once you have pre-registered you will receive an email with all pertinent information.

AGENDA

OPEN SESSION Call to Order

1. Approval April 9, 2026 - Open Session Meeting Minutes 2. Approval April 9, 2026 - Closed Session Meeting Minutes

Chairman von Paris

5 min.

Chairman von Paris

5 min.

3. Approval Contract No. MT - 00211593 - Facilitywide Hazmat Disposal & Abatement Services 4. Approval Contract No. CC-00211584 - Road Rake Model 200T Roadway Litter Collector 5. Approval Investment Committee Report - Quarterly update on the

Paul Truntich

5 min.

Jim Loukas

5 min.

Clayton Viehweg

20 min.

investment of MDTA's funds

6. Update

3rd Quarter Budget Comparison – Review of actual vs. projected

Jeffrey Brown

10 min.

spending for the FY 2026 operating budget

7. Update

3rd Quarter Budget Comparison – Review of actual vs. projected

Jennifer Stump

5 min.

spending for the FY 2026 capital budget

8. Update 9. Update

CTP Process/Additions

Jennifer Stump

10 min.

Quarterly Update on Traffic and Revenue – Update on the actual performance of traffic and revenue compared to the forecast

Walter Laun

5 min.

CLOSED SESSION - Expected Time 10:10 a.m.

10.

To Discuss Contract Negotiations

James Harkness

30 min.

Brian Wolfe

Vote to Adjourn

Subject to change; revisions to be published

5/14/26

ITEM 1

FINANCE AND ADMINISTRATION COMMITTEE MONTHLY MEETING THURSDAY, APRIL 9, 2026 OPEN MEETING VIA LIVESTREAM OPEN SESSION

MEMBERS ATTENDING:

Cynthia Penny-Ardinger Dontae Carroll Jeffrey Rosen John von Paris

STAFF ATTENDING:

Melissa Bogdan Greg Brown Percy Dangerfield Jeffrey P. Davis Allen Garman Bruce Gartner Chantelle Green Anthony Hagen James Harkness Pilar Helm Natalie Henson Richard Jaramillo Kendra Joseph

Moreshwar Kulkarni Kenneth Montgomery Mary O’Keefe Joseph Quattrone Russell Radziak, Esq. Timothy Sheets Cheryl Sparks Bradley Tanner Patricia Tracey Brian Wolfe Dongning (Tony) Zhang

At 9:00 a.m., Member John von Paris, Chair of the Finance and Administration Committee, called the Finance and Administration Committee Meeting to order.

APPROVAL – OPEN MEETING MINUTES FROM MARCH 12, 2026 MEETING Member John von Paris called for the approval of the meeting minutes from the open meeting held on March 12, 2026. Member Dontae Carroll made the motion, and Member Jeffrey Rosen seconded the motion, which was unanimously approved.

OPEN SESSION APRIL 9, 2026 PAGE TWO OF FOUR

APPROVAL – CONTRACT NO. MR–3042-000 ON-CALL UPGRADE AND REPLACEMENT OF METAL TRAFFIC BARRIERS AND ATTENUATORS Dongning (Tony) Zhang requested a recommendation of approval from the Finance and Administration Committee to present Contract No. MR-3042-000, On-Call Upgrade and Replacement of Metal Traffic Barriers and Attenuators, to the full Maryland Transportation Authority (MDTA) Board at its next scheduled meeting. This contract provides for the upgrade and replacement of traffic barriers and attenuators on an as-needed basis. On December 10, 2025, the MDTA advertised a solicitation for the subject contract with a letting date of February 18, 2026. A few minutes prior to the letting time, the Division of Procurement noted that only one bid was received. To promote competition, the Division of Procurement postponed the letting date to March 4, 2026, and contacted multiple vendors to encourage additional participation. Subsequently, no- bid responses were received from five vendors indicating that they either don’t provide the services requested in the solicitation or that their geographical service area was not within the area requested. No additional bids were received. At the bid opening, on March 4, 2026, a single bid was received from L.S. Lee, Inc., in the amount of $5,555,550. The bid price was 9.63% higher than the Engineer’s Estimate of $5,067,350. A determination was made to move forward with the single bid given that if the single bid was rejected and the solicitation re-advertised, additional competition would be unlikely, and would delay or potentially interrupt access to these necessary services. The contract will be structured as a not-to-exceed contract in the amount of $6,000,000, with the aggregate bid price used solely for the purpose of ranking the bidders. An evaluation and justification of the bid by the highway engineer indicates that the bid is balanced and reasonable. Mr. Zhang noted that L.S. Lee, Inc. is the incumbent contractor on the current on-call contract for wide flange beam replacements and upgrades. Member von Paris called for a motion to recommend contingent approval of this item pending confirmation that L.S. Lee, Inc., is in good standing with the State of Maryland, to the full MDTA Board at its next scheduled meeting. Member Rosen made the motion, and Member Cynthia Penny-Ardinger seconded the motion, which was unanimously approved.

OPEN SESSION APRIL 9, 2026 PAGE THREE OF FOUR

UPDATE – FINANCING RESOLUTION 25-02, SERIES 2026 BONDS Mr. Allen Garman provided the Finance and Administration Committee with an update on the timing and structure of the upcoming Series 2026 bond issuance. Mr. Garman indicated that the Municipal Financing Resolution 25-02 approved by the MDTA Board in December 2025, authorizes a $600 million bond issuance to finance a portion of capital projects in calendar 2026. In the latest approved financial forecast from November 2025, a second financing need of approximately $250 million is also modeled for fiscal 2027. The timing of the second financing is likely in calendar 2026 (first half of fiscal 2027). As these two financings are relatively close in timing, management is considering combining the financings into two series and issuing them at one time, though the total financing will not exceed the resolution approved par amount of $600 million. Combining the financings will increase financial flexibility and may result in lower costs of issuance (legal, advisory, ratings). The combined financings for both the Key Bridge Rebuild and other portions of the Consolidated Transportation Program does not commit the MDTA to second issue in calendar 2026. The need and proportions of a second financing in calendar 2026 will be informed by capital spending and federal reimbursement timing. UPDATE – TOLLING CONTRACTS AND AGREEMENTS Mr. Richard Jaramillo provided the Finance and Administration Committee with an overview of the key areas of interest related to the MDTA’s tolling vendor contracts, including the status, timeline, and next steps related to the out-of-state debt collection RFP; and the key points, and next steps related to toll enforcement reciprocity with Pennsylvania. UPDATE – FSK BRIDGE REBUILD ENGAGEMENT EFFORTS Mr. Bradley Tanner and Ms. Melissa Bogdan provided the Finance and Administration Committee with an overview of the Key Bridge Rebuild community engagement and communication efforts, highlighting the outreach best practices and performance metrics. Examples include virtual community updates, speaker requests, and pop-up events in the Anne Arundle County, Baltimore County, and Baltimore City communities. Educational and informative progress updates are also delivered through media days, fact sheets, photos, videos, newsletters, e-blasts, text alerts, and the project website that serves as a centralized hub for all project resources. Additionally, social media, community programs, job fairs, and focus groups are underway. These tools, combined with grassroots engagement, help to build community trust and ensure that community is involved and informed throughout the project.

OPEN SESSION APRIL 9, 2026 PAGE FOUR OF FOUR

VOTE TO GO INTO CLOSED SESSION At 10:28 a.m., upon motion by Member Penny-Ardinger and seconded by Member Dontae Carroll, the Members voted unanimously to move into Closed Session under §3-305(b)(14) of the General Provisions Article of the Annotated Code of Maryland to discuss a matter related to contract negotiations. RETURN TO OPEN SESSION At 11:18 a.m., the Finance and Administration Committee returned to Open Session. Member von Paris stated that there were no actions to ratify from the Closed Session.

There being no further business, the meeting of the Finance and Administration Committee adjourned at 11:19 a.m., following a motion by Member Carroll, and seconded by Member Rosen.

_________________________________________________ John von Paris, Chairman

ITEM 2

CLOSED SESSION MINUTES

VERBAL

ITEM 3

MEMORANDUM

TO:

Finance and Administration Committee Director of OESRM Paul Truntich

FROM:

SUBJECT:

Contract MT-00211593, Facility Wide Hazmat Disposal & Abatement Services

DATE:

May 14, 2026

PURPOSE OF MEMORANDUM To seek recommended approval from the Finance and Administration Committee to present Contract No. MT-00211593, Facility Wide Hazmat Disposal & Abatement Services, to the full MDTA Board at its next scheduled meeting. SUMMARY This contract provides periodic decontamination, abatement and or disposal of biological/medical/infectious hazards, hazardous materials, hazardous wastes (including universal wastes), unidentified wastes, regulated wastes and non-regulated/industrial wastes for Maryland Transportation Authority's (MDTA) facilities. Four (4) bids were received, but one Bid was rejected for being non-responsive. Kalyani Environmental Solutions, LLC, was determined to be the responsive and responsible Bidder with the lowest total overall price and therefore is being recommended for award of this contract. RECOMMENDATIONS To provide approval to present the award of Contract No. MT-00211593, Facility Wide Hazmat Disposal and Abatement Services, to Kalyani Environmental Solutions, LLC at the MDTA Board’s next scheduled meeting. ATTACHMENT(S) • Finance and Administration Committee Project Summary

2310 Broening Highway • Baltimore, MD 21224 • mdta@mdta.maryland.gov • 410.537.1000 • 711 (MD Relay) • mdta.maryland.gov • DriveEzMD.com

FINANCE & ADMINISTRATION COMMITTEE PROJECT SUMMARY Contract No. MT-00211593 - MDTA FACILITY WIDE HAZARDOUS MATERIALS DISPOSAL & ABATEMENT SERVICES

PIN NUMBER

N/A

CONTRACT NUMBER CONTRACT TITLE

MT-00211593

MDTA FACILITY WIDE HAZARDOUS MATERIALS DISPOSAL & ABATEMENT SERVICES

The purpose of the project is to periodic decontamination, abatement and or disposal of biological/medical/infectious hazards, hazardous materials, hazardous wastes (including universal wastes), unidentified wastes, regulated wastes and non-regulated/industrial wastes for Maryland Transportation Authority's (MDTA) facilities.

PROJECT SUMMARY

ADVERTISED GOAL (%)

PROPOSED GOAL (%)

SCHEDULE

MBE PARTICIPATION

ADVERTISEMENT DATE ANTICIPATED NTP DATE

OVERALL MBE

2/27/2026

4.00% 1.00%

VSBE

DURATION/TERM

Three (3) Years w/one 2-Year Renewal Option

BID PROTEST

YES

NO TRUE

BID AMOUNT(S) $ 1,967,550.00 $ 2,854,581.92 $ 3,299,799.10

BID RESULTS

Incumbent

N/A N/A N/A

Kalyani Environmental

Modulus, LLC

Bay Associates Environmental

ITEM 4

MEMORANDUM

TO:

Finance & Administration Committee Fleet Administrator Jim Loukas

FROM:

SUBJECT: DATE:

CC-00211584 – Road Rake Model 200T Roadway Litter Collector MAY 14, 2026

PURPOSE OF MEMORANDUM To seek approval from the Finance & Administration Committee to present Contract No. CC-00211584, Road Rake Model 200T Roadway Litter Collector, to the full MDTA Board at its next scheduled meeting. SUMMARY This contract is for the provision of three (3) Road Rake Roadway Litter Collection Machines. They will be used in the maintenance of MDTA roadways to remove debris and other road hazards, such as wood, mufflers, retreads, animal carcasses and other large debris. These Road Rake machines are unique in that they can safely operate at low speeds while maintaining traffic flow and have a large-capacity hopper with a hydraulic dumping mechanism. These features increase efficiency by enabling longer collection runs and reducing the frequency of returns to debris disposal locations. This procurement is being pursued as a Sole Source (SS) procurement due to the specialized design and operational capabilities of the Road Rake equipment, which are not readily available from other manufacturers. The equipment’s ability to collect large roadway debris while minimizing lane closures and worker exposure to live traffic is critical to maintaining safe working conditions for personnel and the traveling public. The estimated value of this one-time purchase contract is $280,836.00. As this contract falls under MDTA’s delegated authority, the award of this contract will be pending approval at the next available full MDTA Board scheduled meeting. RECOMMENDATION(S) The approval of the Finance & Administration Committee to present Contract No. CC-00211584, Road Rake Model 200T Roadway Litter Collector, to the full MDTA Board at its next scheduled meeting

2310 Broening Highway • Baltimore, MD 21224 • mdta@mdta.maryland.gov • 410.537.1000 • 711 (MD Relay) • mdta.maryland.gov • DriveEzMD.com

CC-00211584 – Road Rake Model 200T Roadway Litter Collector Page Two

ATTACHMENT(S) • Finance & Administration Committee Project Summary

CC-00211584 – Road Rake Model 200T Roadway Litter Collector FINANCE & ADMINISTRATION COMMITTEE PROJECT SUMMARY

PIN NUMBER

TBD

CONTRACT NUMBER CONTRACT TITLE

CC-00211584

Road Rake Model 200T Roadway Litter Collector

This contract is for the provision of three (3) Road Rake Roadway Litter Collection Machines. They will be used in the maintenance of MDTA roadways to remove debris and other road hazards, such as wood, mufflers, retreads, animal carcasses and other large debris. These Road Rake machines are unique in that they can safely operate at low speeds while maintaining traffic flow and have a large- capacity hopper with a hydraulic dumping mechanism. These features increase efficiency by enabling longer collection runs and reducing the frequency of returns to debris disposal locations. This procurement is being pursued as a Sole Source (SS) procurement due to the specialized design and operational capabilities of the Road Rake equipment, which are not readily available from other manufacturers. The equipment’s ability to collect large roadway debris while minimizing lane closures and worker exposure to live traffic is critical to maintaining safe working conditions for personnel and the traveling public.

PROJECT SUMMARY

ADVERTISED GOAL (%)

PROPOSED GOAL (%)

SCHEDULE

MBE PARTICIPATION

ADVERTISEMENT DATE ANTICIPATED NTP DATE DURATION (CALENDER DAYS)

OVERALL MBE

3/17/2026 7/22/2026

0.00% 0.00% 0.00% 0.00%

AFRICAN AMERICAN ASIAN AMERICAN

127

VSBE

BID AMOUNT ($)

% VARIANCE TO EE

BID RESULTS

($)

ENGINEER'S ESTIMATE (EE)

H. Barber & Sons, Inc.

$285,000.00

$280,836.00

-1.46%

YES

☐

☑

BID PROTEST

ITEM 5

Frank S. Waesche III

MEMORANDUM

TO:

Finance and Administration Committee Investment Administrator Clayton Viehweg

FROM:

SUBJECT:

Quarterly Investment Report

DATE:

May 14, 2026

PURPOSE OF MEMORANDUM Complete required quarterly review of investment report for the three-month period ended March 31, 2026. Request recommendation of the Finance and Administration Committee to present to the full Board for approval for the continuation of investment strategy and associated benchmarks. SUMMARY On a quarterly basis, MDTA’s Investment Committee reports to the Finance and Administration Committee on investment related activities. The Investment Committee will review market conditions, policy compliance, portfolio strategies, and total return performance. The Committee will also discuss certain market drivers that may influence portfolio performance in coming months, including the economy, fiscal policy, and Federal Reserve monetary policy. Key Points  Diversified investment portfolio remains in compliance with the Investment Policy and Trust Agreement.  Matched Funded accounts are benefitting from higher prevailing rates for short- term instruments.  Total Return (Duration Targeted) Investment Strategies o Long-term reserve account strategies should remain consistent despite periods of short-term return volatility associated with rising interest rate environments. o Multi-year returns for longer term reserves align with the financial forecast and approximate the starting rolling yields.

2310 Broening Highway • Baltimore, MD 21224 • mdta@mdta.maryland.gov • 410.537.1000 • 711 (MD Relay) • mdta.maryland.gov • DriveEzMD.com

Investment Report Page Two

RECOMMENDATION The Investment Committee requests the Finance and Administration Committee’s concurrence and recommendation to move to the full board for approval of the dealer addition, the dealer termination, and continuation of investment strategy and benchmarks. ATTACHMENT Performance Report Finance Committee 3 31 26

Investment Portfolio Management & Performance Period Ended – March 31, 2026 Meeting Date – May 14, 2026

Agenda & Key Points

Agenda

 Market Update  Portfolio Composition & Compliance  Strategy  Total Return Performance  Strategy & Benchmark Approval

Key Points  Diversified investment portfolio remains in compliance with the Investment Policy & Trust Agreement.  Matched Funded accounts are benefitting from higher prevailing rates for short-term instruments.  Total Return (Duration Targeted) Investment Strategies  Long-term reserve account strategies should remain consistent despite periods of short-term return volatility associated with rising interest rate environments.  Multi-year average returns for long term reserves align with financial forecast and approximate the starting rolling yields.

3 Market Update – Economy, Federal Reserve & Bond Market  At its most recent meeting the Fed maintained the target federal funds rate at 3.5% to 3.75%, noting that job gains remain low while unemployment is little changed.  Recognizing that its preferred measure of inflation, Core PCE, is elevated, the Committee affirmed its commitment to return this measure to the 2% target. Core Personal Consumption Expenditures Index – measures the prices paid by consumers for goods & services without the volatility caused by movements in food & energy prices to reveal underlying inflation trends.

Core PCE Index (yoy %)

 Federal Reserve: At its most recent meeting, the Fed recognized the economy “. . . has been expanding at a solid pace . . .” with job gains low and a stable unemployment rate.  They noted consumer spending is “resilient” and business fixed investment “continues to expand at a brisk pace”. They also observed that housing market activity remains “weak”.

Market Update – Economy, Federal Reserve & Bond Market  Economy: Modest growth in spending & production, slowing but elevated inflation.

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022 Q2 2022 Q1 2022

Real GDP (yoy %)

2.70 3.20 4.30

2.00 2.97 4.40

2.30 2.83 4.40

2.10 2.81 4.10

2.00 2.67 4.20

2.40 2.99 4.10

2.80 2.84 4.10

3.10 2.75 4.10

2.90 3.12 3.90

3.40 3.11 3.80

3.20 3.69 3.70

2.80 4.38 3.60

1.30 4.97 3.50

2.30 5.61 3.50

2.30 4.78 3.50

2.50 5.32 3.60

4.00 5.59 3.70

Core PCE Index (yoy %) Unemployment Rate (%)

*** Real GDP & Core PCE are published by the BEA; the Unemployment Rate is published by the BLS.

U.S. Treasury Yields

2018

2019

2020

2021

2022

2024

2025

2023

Years

Year

2 YR

5 YR

10 YR

• Longer Duration Reserves – interest rate volatility results in market value changes thus affecting total returns. • Interest rate increases offset income accruals while interest rate decreases enhance income accruals.

Portfolio Composition & Compliance – Security Composition  High quality and diversified portfolio o Security type allocations based on: o Cash Flow Needs o Relative Value Opportunities - higher yield for similar maturities and credit risk o Large allocation to MLGIP given compelling rates at the short end of the yield curve o Minimizing credit risks associated with ratings downgrades and/or defaults Market Value as of 3/31/2026

Commercial Paper $12,860,000 2%

Cash $37,871,358 5%

Treasury $161,884,956 22%

MLGIP, $267,068,238 36%

Agency $59,053,917 8%

Supranational $41,063,923 5%

Money Market Mutual Fund $12,653,174 2%

Municipal $145,678,411 20%

PORTFOLIO VALUE

Portfolio Composition & Compliance – Maturity Distribution

Maturity Distribution

3/31/2026

Market Value ($M)

$100.0 $150.0 $200.0 $250.0 $300.0 $350.0 $400.0

Maturity

Matched Funding

Total

Distribution

Return

0 - 1 Yr 1 - 2 Yrs 2 - 3 Yrs 3 - 4 Yrs 4 - 5 Yrs 5 + Yrs

$330.2

$25.0 $56.2

$119.3

$94.1 $71.7 $41.6

$0.0 $50.0

Total

$330.2

$407.9

0 - 1 Yr 1 - 2 Yrs 2 - 3 Yrs 3 - 4 Yrs 4 - 5 Yrs 5 + Yrs

Matched Funding

Total Return

 Match Funded accounts necessitate maturities heavily weighted within 1 year. o Driven by cash flow schedules for debt service, operating expenses, and capital spending. • Debt service: $67.3M

• Operating: $38.8M • Capital: $224.1M

Portfolio Composition & Compliance – Maturity Distribution

Maturity Distribution - General / M&O

3/31/2026

$100.0 $120.0

Maturity

Market

Distribution

Value ($M)

0 - 1 Yr 1 - 2 Yrs 2 - 3 Yrs 3 - 4 Yrs 4 - 5 Yrs 5 + Yrs

$25.0 $56.2

$0.0 $20.0 $40.0 $60.0 $80.0

$119.3 $94.1 $71.7 $41.6 $407.9

Total

0 - 1 Yr

1 - 2 Yrs 2 - 3 Yrs 3 - 4 Yrs 4 - 5 Yrs

5 + Yrs

 Total Return reserve accounts align durations with benchmark indices. o Dispersion of maturities reduces yield curve concentration risk & benchmark tracking error.

o General Account: Staggered maturities, 1-month to 5-years. o M&O Account: Staggered maturities, 1-month to 15-years.

Portfolio Composition & Compliance – Compliance Report

 Portfolio complied with all legal & policy limitations throughout the reporting period of 12/31/25 through 3/31/26

o Investment holdings above minimum credit ratings. o Investment concentrations below required limits. o Conformed to maturity limitations.

Maturity Limits

Longest Maturity

Policy Limit (# of years)

Compliance

With Investment Policy

(# of years)

Account Types Bond Service Accounts Unrestricted (General) *

1 5

Yes Yes Yes

0.2 4.8

Unrestricted (M&O)

13.6

* Investment Policy permits maturities to 15 years, longer if approved by CFO. Maturity Limits measured on Settlement Date basis.

9 Portfolio Composition & Compliance – Compliance Report (continued)

Compliance

Credit Ratings

Market

Investment Policy Limit

With Investment

S&P

Moody's

Market Value ($)

% of Total

Policy

Cash

37,871,358

5.1%

Money Market Mutual Funds - Goldman Sachs Financial Square Gov't FGTXX

AAAm AAAm AAAm

Aaa-mf

4,142,207

0.6%

50% 50% 50%

Yes Yes Yes

- MLGIP

267,068,238

36.2%

- Dreyfus Gov't Cash DGCXX

Aaa-mf

8,510,967

1.2%

Sub-Total Money Market Mutual Funds

279,721,412

37.9%

100%

Yes

U.S.Treasuries **

161,884,956

21.9%

100%

Yes

AA+

Aa1

Federal Agencies ** - Fannie Mae

AA+ AA+ AA+ AA+

Aaa Aaa Aaa Aaa

26,566,614 27,032,953 4,724,750

3.6% 3.7% 0.6% 0.1%

50% 50% 50% 50%

Yes Yes Yes Yes

- Federal Farm Credit Bank - Federal Home Loan Bank

- Freddie Mac

729,600

Sub-Total Federal Agencies

59,053,917

8.0%

100%

Yes

** Includes defeased municipals with government securities escrows.

Supranationals - African Development Bank - Asian Development Bank

AAA AAA AAA AAA

Aaa Aaa Aaa Aaa

9,911,100 4,220,837 22,003,636 4,928,350

1.3% 0.6% 3.0% 0.7%

10% 10% 10% 10%

Yes Yes Yes Yes

- International Bank for Reconstruction & Development

- Inter-American Development Bank

Sub-Total Supranationals

41,063,923

5.6%

30%

Yes

Commercial Paper - Exxon Mobil - Toyota Motor Credit

A-1+ A-1+

P-1 P-1

0.0% 5%

Yes Yes

12,860,000

1.7%

Sub-Total Commercial Paper

12,860,000

1.7%

20%

Yes

10 Portfolio Composition & Compliance – Compliance Report (continued)

Compliance

Credit Ratings

Market

Investment Policy Limit

With Investment

S&P

Moody's

Market Value ($)

% of Total

Policy

Municipal Debt - Austin, TX Comm Coll

AA+

Aa1 Aaa Aaa Aaa Aa1 Aaa

868,500

0.1% 0.4% 0.2% 0.1% 0.3% 0.2% 1.2% 0.1% 1.1% 1.0% 0.2% 0.1% 0.8% 1.3% 2.7% 1.3% 1.4% 0.1% 0.2% 1.7% 1.3% 0.4% 1.4% 0.1% 0.1% 0.3% 0.3% 0.7% 0.1% 0.3%

5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5%

Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

- Bergen County, NJ - Boston, City of - Collin County, TX

2,649,072 1,565,954

AAA AAA AA+ AAA AAA AA+ AA+ AA+

955,630

- Contra Costa Comm, CA - Denver, City & County

2,013,540 1,769,202 8,902,717 1,019,260 8,141,169 7,655,840 1,707,479 1,014,580 6,224,340 9,681,703 20,236,772 9,364,512 10,351,977

- Emeryville, CA

NR NR

- Garland, TX

- Hawaii, State of

Aa2 Aaa Aaa

- Los Angeles CMNTY CLG DIST, CA

- Marin County, CA

- Martinsville Independent School - Massachusetts, Commonwealth of

AAA AA+ AAA

Aa1 Aaa Aaa Aa1 Aa2 Aa1 Aa2 Aa2 Aa1 Aaa Aa1

- Minnesota, State of

- Multnomah County, OR

- New York, State of

AA+

- New York City

- Ohlone Comm College - Oregon Local Govts - Oregon School Board

AA+

990,093

NR AA

1,414,597 12,639,069 9,773,289 2,618,234 10,144,550

- Oregon, State of

AA+ AAA AA+ AAA

- Palm Beach County, FL

- Phoenix, City of

- Santa Clara County

763,770 980,925

- Solano County Community

Aa2

- Texas, State of

AAA

2,029,900 2,173,164 4,917,297

- Travis County Health, Texas

NR NR

Aa2 Aa2 Aa1 Aa1

- Tulsa ISD, OK

- Westchester County, NY

AA+ AA+

829,420

- Wisconsin, State of

2,281,857

Sub-Total Municipal

145,678,411 738,133,976

19.7% 100.0%

20%

Yes

Grand Total

After reviewing the investment activity for the month ended March 31, 2026, we have not identified any instances of material non-compliance with the Investment Policy.

Dealer Trade Allocation  Dispersion of trades tends to vary quarterly as a function of relative competitiveness amongst counterparties & types of securities sought; this dispersion is expected & normal as markets ebb & flow  Investment Policy Statement 14: “Whenever practical, securities shall be purchased & sold through a formal competitive process requiring the solicitation & evaluation of a least three bids/offers from Qualified Institutions.”  Broker/Dealers are reviewed annually for competitiveness by the Investment Committee. Dealer suspensions & additions may result from trailing twelve-month responsiveness & competitiveness

Value ($) of Trades, by Broker (Millions)

Academy Securities

BNY Mellon

Cantor Fitzgerald

Exxon Mobil [D]

FHN Financial

Janney Montgomery

Jefferies & Co

Piper Jaffray

Samuel A. Ramirez & Co

Stifel Nicolaus

Toyota Motor Credit [D]

Wells Fargo Securities

20.0

40.0

60.0

80.0

100.0

120.0

140.0

160.0

180.0

3/31/2025

3/31/2026

Strategy – Previous & Current Quarter

 General and M&O Reserve remain in compliance with board approved strategy, approximating 100% of respective benchmark index durations.

Strategy for Prior Period

Strategy for Current Period

Benchmarks

Duration % Target

Benchmarks

Duration % Target

Purpose

N/A

Capital / Operating / Debt Long Term Reserves (1) General

Matched Funding

N/A

Matched Funding

N/A

101% 101%

102% 101%

50% ICE BofA 1-3 YR & 50% ICE BofA 3-5 Yr ~3 Yrs

M&O Reserve

U.S. Treasury Strips 1-13 Yr

~7 Yrs

U.S. Treasury Strips 1-13 YR

~7 Yrs

(1) - Unrestricted cash in the combined General & M&O Reserve that exceeds the $400 million target is transferred to the Capital account to fund capital expenditures.

 Matched Funding Accounts: Policy and Trust Agreement Directives/Limitations o Capital (Pay-Go & Bond Proceeds), Operating & Debt Service Accounts – Investment maturities precede or coincide with expected spending. Returns: Investment returns are a function of prevailing interest rates for short-term investments such as Money Market Mutual Funds, MLGIP, Agency/Supranational Discount Notes, and Commercial Paper.

 Total Return Accounts: Board Approved Benchmarks o M&O Reserve – Staggered maturities, 0-15 years o General Account – Staggered maturities, 0-5-years

Returns: Longer duration indices benefit from higher average annual returns over multiyear periods and experience greater return volatility associated with mark-to-market relative to shorter- term duration indices.

Strategy – Relative Value

Relative Value & Benchmark Implications

The securities contained in the current benchmark indices consist of U.S. Treasury and Government Agency debentures. MDTA’s allocation to other spread sectors such as Supranational, Municipal, and Commercial should help performance longer term, but may cause short-term tracking error relative to the indices. Supranational  Supranational bonds were added to the Investment Policy in December 2016, with a sector limitation of 30% and a single issuer limitation of 10%.  At times, Triple-A rated Supranational bonds, such as the World Bank, offer relative value versus comparable maturity agency debentures. Target spreads are approximately 10-15 basis points over comparable maturity agencies. Municipal  Municipal bonds are limited by policy to 20% of the portfolio, with a single issuer limitation of 5%.  Triple-A taxable bonds are sought with spreads near 20 basis points relative to comparable maturity agencies.  Municipals defeased with treasury securities are not subject to the policy limitation, as they are considered government securities. Target spreads are approximately 15 basis points over comparable maturity agencies. Commercial Paper  CP is limited by policy to 20% of the portfolio, with a single issuer limitation of 5%.  Three-month Tier-1 rated CP offered a 15 bp premium to agencies at the end of the quarter.

Total Return Performance – Matched Funding & Total Return

Total Return as of Period Ended 3/31/2026

Trailing Period

Ending

3 Months 12 Months 36 Months 1/

1 Month

Market Value

Combined Accounts Weighted Average

-0.35%

0.62%

4.20%

4.58%

$ 702,746,056

MATCHED FUNDING Capital

0.32% 0.32%

0.91% 0.92%

4.10% 4.07%

4.68% 4.84%

$ 224,829,193

Bond Service

67,362,942

TOTAL RETURN

Reserves General / M&O

-0.82% -0.94%

0.42% 0.31%

4.54% 4.11%

4.33% 3.93%

$ 410,553,921

Composite Agency / STRIPS Index

1/ Annualized Rate of Return

Trailing Period Total Returns

-3.00% -2.00% -1.00% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00%

INDEX YIELD

Date

Agency

03/31/2026 02/28/2026

3.89% 3.49% 0.40%

Change

STRIPS

03/31/2026 02/28/2026

4.22% 3.84% 0.38%

Change

1 Month

3 Months

12 Months

36 Months

General

AGENCY

M&O

STRIPS

The Investment Committee requests the Finance and Administration Committee’s Concurrence and Recommendation to move to the full Board for approval of the continuation of investment strategy/benchmarks.

ITEM 6

MEMORANDUM

TO:

Finance & Administration Committee

FROM: Director of Budget Jeffrey Brown SUBJECT: FY 2026 Amended Operating Budget vs. Actual Spending Review DATE: May 14, 2026

PURPOSE The purpose of the memorandum is to report on third quarter FY 2026 spending compared to the FY 2026 Amended Operating Budget. KEY TAKEAWAY As of March 31, 2025, 66% of the budget was spent compared to a target of 75%. All Object Codes were at or below budget spending levels except for Object 13. The seasonality of the expenses, the timing of invoices, and the cost pressures in IT and insurance impacted third quarter performance. SUMMARY Budget analysis threshold: More than $500,000 budgeted with variances greater than +/- 5% of the targeted spending level. • Salaries & Wages/Technical & Special Fees ( Object 01 & 02 - $249.9M Budget ) are at targeted spending levels with a 71% spend rate. • Communications ( Object 03 - $4.4M Budget ) is below budget with a 27% spend rate primarily driven by the State Radio Invoice. o State Paid Telecomm ( State Radio Invoice - (Object 0305 - $2.0M Budget )) is below budget with a 0% spend rate because the invoice has not yet been issued. • Travel ( Object 4 - $571K Budget ) is below budget with a 40% spend rate. Seasonality (heavier spending in 3 rd and 4 th quarters) accounts for the underspend.

2310 Broening Highway • Baltimore, MD 21224 • mdta@mdta.maryland.gov • 410.537.1000 • 711 (MD Relay) • mdta.maryland.gov • DriveEzMD.com

FY 2026 Operating Budget vs. Actual Spending Review Page Two

• Fuel and Utilities ( Object 06 - $5.3M Budget ) is on budget with a 68% spend rate. • Motor Vehicle Operations & Maintenance ( Object 07 - $21.8M Budget ) is below budget with a 58% spend rate. o Vehicles Gas & Oil ( Object 0702 - $4.0M Budget ) is below budget with a 30% spend rate. o Vehicles Maintenance & Repair ( Object 0703 - $2.7M Budget ) is below budget with a 53% spend rate. This activity does not occur smoothly throughout the year. o Purchase Other Land Vehicles ( Object 0730 - $1.8M Budget ) is below budget with a 41% spend rate. o Gas & Oil Other Land Vehicles ( Object 0731 - $1.0M Budget ) is below budget with a 52% spend rate. o Large Vehicle Maintenance & Repair ( Object 0732 - $2.5M Budget ) is above budget with an 84% spend rate. This activity does not occur smoothly throughout the year. • Contractual Services ( Object 08 - $151.5M Budget ) is below budget with a 56% spend rate. o Advertising ( 0801 - $3.3M Budget) is below budget with a 20% spend rate. Promotional activity is typically heavier in the 3 rd and 4 th quarters. o Engineers ( 0807 - $35.9M Budget ) are below budget with a 44% spend rate as activity is heavier in the 3 rd and 4 th quarters. o Equipment Repairs & Maintenance (0809 - $2.1M Budget) is above budget with a 91% spend rate. One-time Rubrik charges (backup services) drive this performance, however this line item is expected to be on budget for the year. o Building/Road Repairs & Maintenance ( 0812 - $16.2M Budget ) is below budget with a 43% spend rate. Activity is heavier in the 3 rd and 4 th quarters. o Janitorial Services ( 0813 - $1.9M Budget ) are below budget with a 53% spend rate. o Education & Training ( 0819 - $1.3M Budget ) is below budget with a 46% spend rate. o Medical Care ( 0820 - $595K Budget ) is below budget with a 38% spend rate. There is a reduced need for pre-hiring physicals due to the hiring freeze. o Management Studies ( 0821 - $6.9M Budget ) is below budget with a 36% spend rate due to the timing of activity. o Security Services ( 0823 - $1.2M Budget ) is below budget with a 51% spend rate. Potential savings are likely in this line item due to a grant. o IT Services ( 0841 through 0869 - $13.7M Budget ) is above budget with a 100% spend rate.  Central Process Services ( 0841 - $900K Budget ) is below budget with a 46% spend rate

FY 2026 Operating Budget vs. Actual Spending Review Page Three

 Telecomm ( 0849 - $614K Budget ) is below budget with a 36% spend rate.  Application Software Maintenance ( 0862 -$1.5M Budget ) is over budget with a 262% spend rate due to charges for body worn cameras. Internal discussions are underway about whether the expenses are eligible to be capitalized.  System Software Maintenance ( 0864 - $1.0M Budget ) is above budget with an 188% spend rate due to an increase in charges from TSO. Consistent with other MDOT modes, the costs associated with enterprise agreements are now being passed through from MDOT to the MDTA.  Outside Services Computers ( 0869 - $550K Budget ) is above budget with an 82% spend rate due to the timing of OpenGov (budgeting) and Salesforce (Human resources) software charges. This line item is expected to be on budget. o E-ZPass ® Service Center Costs ( 0873 - $45.5M Budget ) are slightly below budget with a 61% spend rate. o Other Contractual Services ( 0899 - $4.3M Budget ) are below budget with a 43% spend rate primarily due to MSP overhead charges. • Supplies & Materials ( Object 09- $11.2M Budget ) are below budget with a 53% spend rate. o Roadway Maintenance ( 0905 - $761K Budget ) is below budget with a 41% spend rate. Activity is higher in the 3 rd and 4 th quarters. o Salt ( 0906 - $1.7M Budget ) is on budget with a 65% spend rate. Significant costs were incurred due to the 1 st quarter winter storms. There is a potential risk to the budget as additional costs are expected to be realized by the end of the year. o Uniforms ( 0912 - $1.3M Budget ) are very close to budget with a 62% spend rate. o Ammunition ( 0934 - $755K Budget ) is below budget with a 28% spend rate. This cost is driven by when the orders are received. o Transponders ( 0951 - $4.1M Budget) expense is below budget with a 55% spend rate. • Replacement Equipment (Object 10 - $2.0M Budget ) is very close to budget with a 64% spend rate. o Microcomputers ( Object 1033 - $1.0M Budget) are above budget with an 82% spend rate. o Other Replacement Equipment (Object 1099 - $541K Budget) is below budget with a 36% spend rate. This depends upon when orders are received.

FY 2026 Operating Budget vs. Actual Spending Review Page Four • Additional Equipment ( Object 11 - $2.6M Budget ) is below budget with a 44% a spend rate mostly due to the timing of orders. • Fixed Costs ( Object 13 - $12.9M Budget ) are above budget with a 126% spend rate. o Insurance ( Object 1302 - $907K Budget) is below budget with a 0% spend rate. The invoice for this charge was not received as of the end of the third quarter. o Insurance - non STO (Object 1309 - $11.6M Budget ) is above budget with a 106% spend rate. This is due to higher premiums associated with market rates coupled with an increase in the insurance policy limit. o Bad Debt (Object 1320 - $50K Budget ) is above budget with a 7,281% spending rate. This is due to uncollectible damage expense that occurred at the Bay Bridge in 2016.

ATTACHMENT Budget vs Actual by Object 3 rd Qtr. FY 2026

MDTA OPERATING FUND Bgt vs. Actual by Obj and RC Detail Summary of All Units For the Nine Months Ending Tuesday, March 31, 2026

YTD

Budget

Expense

Balance

Spent

OBJECT 01 Salaries and Wages 0101 REGULAR EARNINGS 0102 ADDITIONAL ASSISTANCE 0104 OVERTIME EARNINGS 0104 OVERTIME EARNINGS - SNOW 0105 SHIFT DIFFERENTIAL 0110 MISCELLANEOUS P/R ADJUSTMENTS 0111 ACCRUED LEAVE PAYMENTS

$152,589,257 194,092 6,107,621 1,279,686 983,391 259,750 192,471 403,865 10,936,678 21,801,255 13,019,894 19,650,180 5,204,476 23,925,977 358,077 222,105 3,633,039 (12,922,298)

$81,395,789

$71,193,468

53.34% 0.00% 90.47% 154.30% 198.53% 467.89% 4.88% 0.00% 2.37% 3.65% 1.01% 0.00% 2.94% 43.86% 0.00% 0.00% 0.67% 4.25% 0.00% 0.00% 47.86% 70.98% 52.00% 0.00% 0.00% 0.00% 0.00% 5.24% 58.06% 21.68% 72.21% 0.00% 59.64% 27.20% 26.07% 26.90% 37.03% 45.59% 39.77% 74.28% 56.93% 69.17% 64.89% 67.86% 72.51% 30.15% 0.00% 52.98% 0.00% 0.00% 28.46% 33.46% 11.90% 40.85% 52.26% 81.04% 0.00% 0.00%

194,092 581,819 (694,860) 935,401 (255,936) (708,074) 403,865

5,525,802 1,974,546 47,990 515,686 900,545 259,500 795,617 131,558 333,900 576,846 2,282,619

0112 RECLASSIFICATIONS

0151 SOCIAL SECURITY CONTRIBUTIONS

10,677,178 21,005,638 12,888,336 (333,900) 19,073,334 2,921,857 23,925,977 (81,373,792) 355,677 212,676 3,633,039 447,911 72,161,408 (12,922,298)

0152 HEALTH INSURANCE

0154 RETIREE'S HLTH INSURANCE PREM

0156 VSP PAYMENTS

0161 EMPLOYEES RETIREMENT SYSTEM 0165 STATE POLICE RETIREMENT SYSTEM 0169 LAW ENFORCEMNT OFF PENSION SYS 0172 DEFERRED COMPENSATION MATCH 0174 UNEMPLOYMENT COMPENSATION 0175 WORKERS COMPENSATION 0171 BURDEN EXPENSE

81,373,792

2,400 9,430

0189 TURNOVER

0199 OTHER FRINGE BENE - CLOTH ALLOW

859,111

411,200

Total Object 01

248,698,628

176,537,220

Object 02 Technical and Special Fees 0202 PER DIEM PAYMENTS 0208 TRAINING AND STAFF DEVELOMENT 0209 ADMIN/MGMT SERVICES SUPPORT 0211 EMPLOYEE AWARDS 0220 SPECIAL PAYMENTS PAYROLL

125,000

65,000

60,000

400

(400)

3,000 1,000

1,118,978 1,247,978

1,118,978 1,182,578

Total Object 02

65,400

Object 03 Communications 0301 POSTAGE

29,957 190,946 580,391

21,643 689,958 223,339 2,000,000 267,646 3,202,586

51,600 880,904 803,730 2,000,000 663,181 4,399,415

0302 TELEPHONE

0303 TELECOMMUNICATIONS

0305 STATE PAID TELECOMMUNCIATIONS 0306 CELL PHONE EXPENDITURES

395,535 1,196,829

Total Object 03

Object 04 Travel 0401 IN STATE/ROUTINE OPERTN TRAVEL 0402 INSTATE/CONF/SEMNR/TRNG TRAVEL 0403 OUTSTATE/ROUTINE OPERTN TRAVEL 0404 OUTSTATE/CONF/SEMNR/TRNG TRAVL

51,377 95,098 63,393 360,978 570,846

13,396 25,585 23,477 164,582 227,040

37,981 69,513 39,916 196,396 343,806

Total Object 04

Object 06 Fuel and Utilities 0603 FUEL-OIL #2

110,893 276,945 2,938,687 270,409 3,596,934

38,407 209,489 1,309,718 146,294 1,703,908 2,504,480 2,811,797 1,279,807 (7,908) 407,863 35,305 74,150 (59) 1,074,145 477,442 473,910 3,700 (69,542)

149,300 486,434 4,248,405 416,703 5,300,842

0606 FUEL-NATURAL GAS/PROPANE 0620 UTILITIES-ELECTRICITY 0621 UTILITIES-WATER/SEWAGE

Total Object 06

Object 07 Motor Vehicle Operations and Maintenance 0701 PURCH VEH-CAR,LIGHT TRUCK 0702 VEHICLE GAS & OIL 0702 VEHICLE GAS & OIL-SNOW 0703 VEHICLE MAINTENANCE & REPAIR 0703 VEHICLE MAINTENANCE & REPAIR-SNOW 0721 VEHICLE GAS & OIL - WATERCRAFT 0722 VEHICLE MAINT & REPAIR - WATERCRAFT 0724 BOAT SLIP RENTAL/LAUNCHING FEES 0730 PURCH VEH-OTHER LAND VEH - DUMP, TRACT 0731 GAS & OIL - OTHER LAND VEHICLES 0732 LG VEHICLE MAINT & REPAIR 0732 LG VEHICLE MAINT & REPAIR-SNOW 0741 ELECTRICITY USAGE FOR VEHCILES 0704 INSURANCE

9,110,000 4,025,750

6,605,520 1,213,954

2,721,700

1,441,893

7,908

407,863 49,347 111,431

14,042 37,281

4,200

500

1,816,000 1,000,000 2,500,000

741,855 522,558 2,026,090

69,542

(30)

SUMMARY

MDTA OPERATING FUND Bgt vs. Actual by Obj and RC Detail Summary of All Units For the Nine Months Ending Tuesday, March 31, 2026

YTD

Budget

Expense

Balance

Spent

0789 COMMUTER CHARGE

(5,000) 50,000

(16,336)

11,336 41,825

326.72% 16.35% 58.16%

0799 OTHER MOTOR VEHICLE CHARGES

8,175

Total Object 07

21,791,291

12,673,070

9,118,221

Object 08 Contractual Services 0801 ADVERTISING/LEGAL PUBLICATION 0802 APPLICATIONS SOFTWARE MAINTENANCE

3,278,691 100,000 3,150,000 4,000,000 235,000 400,000 33,250 1,180,000 1,825,000 1,700,000 800,000 6,700,000 15,950,000 544,018 2,123,609

640,477 38,943

2,638,214

19.53% 38.94% 17.93% 42.98% 36.65% 32.98% 33.89% 28.61% 30.75% 47.26% 53.05% 61.98% 41.41% 58.05% 90.58% 20.15% 20.65% 0.00% 52.83% 17.39% 30.21% 27.07% 46.49% 38.16% 35.94% 51.23% 53.10% 51.60% 21.52% 101.74% 10.45% 65.57% 46.12% 69.89% 36.01% 111.55% 200.90% 165.73% 262.10% 188.19% 71.92% 70.79% 81.98% 0.00% 61.22% 0.00% 0.00% 7.10% 20.77% 7.74% 43.05% 56.29% 30.16% 44.12% 26.44% 60.39% 41.01% 64.81% 50.69% 56.71% 62.37% 86.59%

61,057 27,288

0804 PRINTING/REPRODUCTION

5,962

0807 ENGINEERS

1,354,023 1,465,942 77,502 135,541 337,644 561,178 803,489 424,394 4,152,690 6,604,360 315,797 1,923,646 3,339,994 3,633,222 1,027,309 15,074 1,027 129,340 617,440 226,936 2,496,927 636,261 23,513 16,289 3,839 482,903 3,509 10,303,801 415,121 279,543 220,957 111,553 248,613 82,866 3,934,175 1,881,869 5,753,248 353,945 450,898 6,478

1,795,977 2,534,058 157,498 264,459 842,356 1,263,822 896,511 375,606 2,547,310 9,345,640 228,220 199,963 12,836,968 (3,633,222) 13,904

0807 ENGINEERS - Environmental (MA0967) 0807 ENGINEERS - Highways (MA0983) 0807 ENGINEERS - Architectural (MA2395) 0807 ENGINEERS - ITS/Electrical (MA2226) 0807 ENGINEERS - Structural (MA2055) 0807 ENGINEERS - Traffic (MA2181) 0807 ENGINEERS - Asset Mgmt (MA2869) 0807 ENGINEERS - On-Call (All MR) 0807 ENGINEERS - Annual Inspections (MA2471)

0808 EQUIPMENT RENTAL

0809 EQUIPMENT REPAIRS & MAINT

0810 EXTERMINATION

17,413

0812 BUILDING/ROAD REPAIRS & MAINT 0812 BUILDING/ROAD REPAIRS & MAINT - On-Call

16,176,962

0813 JANITORIAL SERVICES 0814 GROUNDS MAINTENANCE

1,944,667 86,700 3,400 477,850 1,328,188 594,720 6,947,572 1,241,976 44,278 31,565 17,841 474,648 15,715,250 900,000 400,000 613,538 100,000 123,750 50,000 1,501,000 1,000,000 62,000 8,000,000 500,000 550,000

917,358 71,626

0815 LAUNDRY

2,373

0817 LEGAL SERVICES

348,510 710,748 367,784 4,450,645 605,715 20,766 15,276 14,002 5,411,449 484,879 120,457 392,581 (11,553) (124,863) (32,866) (2,433,175) (8,255) 55,522 (881,869) 2,246,752 146,055 99,102 6,000 44,265 232,588 116,120 33,021 17,642,982 321,452 2,454,992 66,236,064

0819 EDUCATION/TRAINING CONTRACTS

0820 MEDICAL CARE

0821 MGMT STUDIES AND CONSULTANTS

0823 SECURITY SERVICES 0824 LABORATORY SERVICES

0825 VETERINARIAN

0826 FREIGHT AND DELIVERY 0827 TRASH AND GARBAGE REMOVAL 0828 OFFICE ASSISTANCE 0829 FISCAL SERVICES 0841 DP CENTRAL PROCESS SVC

0843 DP COMMUNICATIONS CONTROLLERS SVC 0849 TELECOMM LINES, MODEMS & CONTROLLERS 0854 COMPUTER MAINTENANCE CONTRACTS 0858 SOFTWARE LICENSES 0861 APPL SOFTWARE ACQUISITION 0862 APPL SOFTWARE MAINTENANCE 0864 SYSTEMS SOFTWARE MAINTENANCE 0865 OUTSIDE SVCS-SYS ANALYSIS&DSGN 0866 OUTSIDE SVCS-PROGRAMMING 0869 OUTSIDE SVCS-COMPUTER USAGE 0872 IT OUTSIDE SVCS - CONSULTING SVC 0873 OUTSIDE SVC - E-Z PASS SVC CENTER 0874 OFFICE OF ATTORNEY GENERAL FEE 0875 RETIREMENT AGENCY ADMIN FEE 0876 STATEWIDE DOIT SERVICES 0894 STATEWIDE PERSONNEL SYS ALLOC 0897 STATE ENTERPRISE BUDGET SYSTEM 0899 OTHER CONTRACTUAL SVC-NON DP

6,000

45,500,000

27,857,018

44,265 232,588 125,000 41,676

8,880 8,655 26,950

348,402 4,310,702 151,531,519

1,855,711 85,295,455

Total Object 08

Object 09 Supplies and Materials 0901 AGRICULTURE 0902 OFFICE SUPPLIES 0903 ELECTRICAL MATERIALS

53,090 446,169 492,291 488,712 761,477 1,661,500

16,011 196,838 130,170 295,147 312,299 1,076,887 37,645 25,411 806,544 25,957

37,079 249,332 362,121 193,565 449,178 584,613 36,621 19,396 486,713

0904 BUILDING & HOUSEHOLD SUPPLIES 0905 ROADWAY MAINT MATERIALS 0906 SALT/SNOW MELTING MATERIALS 0908 HOUSEKEEPING SUPPLIES

74,266 44,807

0909 MEDICAL SUPPLIES

0912 WEARING APPAREL-UNIFORMS EMPL

1,293,258

0915 LIBRARY SUPPLIES

29,975

4,018

SUMMARY

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