About the Maryland Transportation Authority
The Maryland Transportation Authority (MDTA) was established in 1971 by the Maryland General Assembly to finance, construct, operate, and improve the State’s toll facilities, as well as to finance new revenue-producing transportation projects. The MDTA acts on behalf of, but is separate from, the Maryland Department of Transportation (MDOT). The MDTA helps support MDOT’s mission to be a customer-driven leader that delivers safe, sustainable, intelligent, and exceptional transportation. The MDTA’s nine toll facilities — four bridges, two tunnels, two turnpikes, and one express toll lane (ETL) facility* — connect Marylanders and visitors to State and regional opportunities.
The MDTA is a self-sufficient non-budgeted State agency that traditionally receives no funding from the State’s General Fund or the Transportation Trust Fund. Rather, it is financed by toll revenues, and such revenues are reinvested in the operation and maintenance of the toll facilities. The MDTA’s Trust Agreement between the MDTA and its Trustee is for the benefit of bondholders and outlines how these funds may be used.
The MDTA’s finances are accounted for as a proprietary-type enterprise fund using the accrual basis of accounting, similar to a private business entity. More than four-fifths of the MDTA’s revenues originate from toll revenue and related fees collected at its nine toll facilities. Revenues from all facilities are pooled to fund operations, capital projects, and debt service on revenue bonds issued by the MDTA to help fund its capital program.
MDOT MISSION STATEMENT: The Maryland Department of Transportation is a customer-driven leader that delivers safe, sustainable, intelligent, exceptional, and inclusive transportation solutions in order to connect our customers to life’s opportunities. MDTA MISSION: Talented people ensuring Maryland’s iconic bridges, tunnels and roadways are the customer’s trusted and preferred choice for safe mobility, connection, and E-Z passage today and tomorrow. MDTA VISION: One team connecting our customers to what matters most.
MDTA VALUES: MDTA is one team working together to: ③ Appreciate Maryland’s DIVERSITY and bring our services to all communities. ③ Promote INTEGRITY through accountability, transparency, governance and communication. ③ Foster INNOVATION to revolutionize transportation operations. ③ Ensure the SAFETY of our employees, customers, facilities and systems. ③ Provide exceptional CUSTOMER EXPERIENCE.
* The MDTA's ETL facility is part of the John F. Kennedy Memorial Highway (I-95), but is accounted for separately in the MDTA's financial reporting.
Thomas J. Hatem Memorial Bridge (US 40)
MDTA GOALS: ③ Prioritize people in all we do.
③ Expand our reputation as a national leader. ③ Demonstrate financially sound and fiscally responsible decision making. ③ Ensure the safety and security of our employees, customers and facilities.
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Governance, Risk, and Impact Report
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Governance, Risk, and Impact Report
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