MDTA Finance and Administration Committee Meeting Materials

Wes Moore, Governor Aruna Miller, Lt. Governor Kathryn Thomson, Chair

Maryland SM Transportation Authority

Board Members: Dontae Carroll Maricela Cordova William H. Cox, Jr.

Jeffrey S. Rosen

Samuel . Snead, MCP, MA

John F. von Paris Cynthia . Penny-Ardinger Frank S. Waesche Ill

Bruce Gartner, Executive Director

MEMORANDUM

TO:

Finance & Administration Committee Director of Finance Chantelle Green Director of Budget Jeffrey Brown Fiscal Year 2027 Final Operating Budget

FROM:

PREPARED BY:

SUBJECT:

DATE:

June 11, 2026

PURPOSE The purpose of this memorandum is to request a recommendation of approval to the Maryland Transportation Authority (MDTA) Board for the FY 2027 Operating Budget. KEY TAKEAWAYS Key points regarding the FY 2027 Final Operating Budget versus the FY 2027 Preliminary Operating Budget: FY 2027 Final Operating Budget Request

Summary of Major Changes ($ millions)

FY 2027 Prelim Operating Budget Request

$463.1 $473.3 $10.2

FY 2027 Final Operating Budget

$ Change FY 2027 Prelim vs FY 2027 Final % Change FY 2027 Prelim vs FY 2027 Final

2.2%

NOTE: Numbers may not sum to total due to rounding The proposed FY 2027 Final Operating Budget of $473.3 million represents $10.2 million, or a 2.2% increase versus the FY 2027 Preliminary Operating Budget. The key drivers of the increase are mandated personnel expenses, insurance costs, MSP overhead charges, delayed motor vehicle purchases, and MDTA Police equipment. These costs are partially offset by a reduction in large vehicle purchases that were expedited into FY 2026.

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