MDTA Board Meeting Materials

BOARD MEETING

THURSDAY, SEPTEMBER 25, 2025

MARYLAND TRANSPORTATION AUTHORITY 2310 BROENING HIGHWAY 2 ND FLOOR TRAINING ROOM BALTIMORE, MD 21224

IN-PERSON AND LIVESTREAM

MARYLAND TRANSPORTATION AUTHORITY BOARD MEETING 2310 Broening Highway * 2 nd Floor Training Room * Baltimore, MD 21224

SEPTEMBER 25, 2025 9:00 AM

This meeting will be livestreamed on the MDTA Board Meeting Page

NOTES: •

This is an In-Person Open Meeting being conducted via livestreaming. • The public is welcome to watch the meeting at the link above. •

If you wish to comment on an agenda item, please email your name, affiliation, and the agenda item to nhenson@mdta.state.md.us no later than 5:00 p.m. on Tuesday, September 23. You MUST pre-register and attend the meeting in person to comment. Once pre-registered, all pertinent information will be emailed to you.

AGENDA

OPEN SESSION – 9:00 AM

Call Meeting to Order

1. Approval – Open Session Meeting Minutes of August 28, 2025 Chair

5 min.

2. Approval – Contract Award

Jeffrey Davis

5 min.

• MT-00211411 – Security Systems Maintenance and Service

3. Approval – Canton Railroad – Approval of the Canton Railroad Deb Sharpless

10 min.

Board of Directors

4. Approval – Fiscal Year 2026 Budget Amendment – Approval of Jeffrey Brown

5 min.

a Budget Amendment to the Operating Budget

5. Update – Fiscal Year 2025 Operating Budget Comparison – Review of Actual vs. Projected Fiscal Year 2025 Operating Budget Spending

Jeffrey Brown

10 min.

6. Update – Fiscal Year 2025 Capital Budget Comparison –

Jennifer Stump

5 min.

Review of Actual vs. Projected Fiscal Year 2025 Capital Budget Spending

7. Update – Quarterly Update on Traffic and Revenue – Update on the Actual Performance of Traffic and Revenue Compared to the Forecast Through June 30, 2025

Cheryl Lewis-Orr

10 min.

8. Update – Major Projects – Quarterly Update on Major Projects James Harkness

15 min.

9. Update – Information Technology Major Projects – Quarterly David Goldsborough

5 min.

Update on Information Technology Major Projects

10. Update – Civil Rights Fair Practice’s Socioeconomic Programs – Khadriah Ward

10 min.

Quarterly Update on Socioeconomic Programs

11. Update – Audit Committee Update - Verbal

Member Penny-Ardinger 5 min.

12. Update – Executive Director’s Report – Verbal

Bruce Gartner

10 min.

Vote to Adjourn Meeting

TAB 1

MARYLAND TRANSPORTATION AUTHORITY BOARD MEETING

THURSDAY, AUGUST 28, 2025 9:00 A.M.

2310 BROENING HIGHWAY, BALTIMORE MD 21224 IN-PERSON & LIVESTREAMED OPEN MEETING

OPEN SESSION

Samantha J. Biddle, Chair

MEMBERS ATTENDING:

Dontae Carroll Maricela Cordova William H. Cox, Jr. Mario J. Gangemi Cynthia D. Penny-Ardinger

Jeffrey S. Rosen Samuel D. Snead John F. von Paris

STAFF ATTENDING:

Lt. Col. Ronce Alford Jeffrey P. Davis

Allen Garman Bruce Gartner

James Harkness Natalie Henson Richard Jaramillo Kimberly Millender, Esq.

Megan Mohan Mary O’Keeffe Mike Rice Col. Joseph Scott Cheryl Sparks Bradley Tanner

OTHERS ATTENDING:

Jaclyn Hartman, Assistant Secretary, MDOT

OPEN SESSION AUGUST 28, 2025 PAGE 2 OF 4

At 9:02 a.m. Chair Samantha J. Biddle called the meeting of the Maryland Transportation Authority (MDTA) Board to order. The meeting was held in-person at MDTA Headquarters, 2310 Broening Highway, Baltimore MD 21224 and was livestreamed on the MDTA Board Meeting web page.

APPROVAL – OPEN SESSION MEETING MINUTES OF JULY 31, 2025

Upon motion by Member William H. Cox, Jr. and seconded by Member Cynthia D. Penny- Ardinger, the open session meeting minutes of the MDTA Board meeting held on July 31, 2025 were unanimously approved.

APPROVAL – CLOSED SESSION MEETING MINUTES OF JULY 31, 2025

Upon motion by Member Mario J. Gangemi and seconded by Member Dontae Carroll, the closed session meeting minutes of the MDTA Board meeting held on July 31, 2025 were unanimously approved.

APPROVAL – CONTRACT AWARDS

• KB-3023-0000R – Maintenance and Repair of Curtis Creek Drawbridges

Mr. Jeffrey Davis requested approval from the MDTA Board to execute Contract No. KB-3023- 0000R – Maintenance and Repair of Curtis Creek Drawbridges with Florida Drawbridges, Inc. (FDI) in the amount of $3,027,500.00. Mr. Davis explained that the scope of work includes providing labor, equipment, materials, and access necessary to perform maintenance and repair of both Curtis Creek Draw Bridges. Maintenance work includes providing general housekeeping, mechanical, and electrical maintenance of both drawbridges. As part of the maintenance efforts, any contractor-discovered defects requiring repairs will be addressed under this contract. As this maintenance contract exceeds the MDTA’s delegated authority, the award is pending approval at the next BPW meeting. Upon motion by Member Jeffrey S. Rosen and seconded by Member Cynthia D. Penny-Ardinger, the Members unanimously approved Contract No. KB-3023-0000R – Maintenance and Repair of Curtis Creek Drawbridges.

UPDATE – PROCURMENT REPORT ON OPEN CONTRACTS

Mr. Jeffrey Davis presented the MDTA Board with a report on how many contracts are currently open with the MDTA, excluding state credit card purchases. There are currently 208 contracts totaling $2,748,993,496.81.

APPROVAL – QUARTERLY REVIEW OF INVESTMENT STRATEGY AND BENCHMARKS

Mr. Allen Garman requested MDTA Board approval to continue with the current investment strategies and benchmarks for all accounts.

OPEN SESSION AUGUST 28, 2025 PAGE 3 OF 4

Mr. Garman explained that for the trailing twelve-month period ended June 30, 2025, investments conformed to Investment Policy limitations. Portfolio structuring by account adhered to Board approved strategy and should remain consistent, despite short-term return volatility associated with the interest rate environment. Management does not attempt to time market rate changes and duration targeted reserves maintain consistent structures. Chosen strategies and benchmark indices represent a reasonable and prudent compromise between long-term, multiyear return/income focus and tolerance for return volatility. The longer duration strategies employed in certain reserves generate higher return volatility with expected higher average annual returns over multiyear periods. No changes in performance strategy or benchmarks are recommended. Upon motion by Member William H. Cox, Jr. and seconded by Member John F. von Paris, continuation of the current investment strategies and benchmarks for all accounts was unanimously approved.

APPROVAL – INVESTMENT POLICY

Mr. Allen Garman requested MDTA Board approval of the MDTA Investment Policy.

Mr. Garman explained that following a recent review by the Investment Committee, immaterial/modest changes to the Investment Policy are currently recommended. The proposed changes remove outdated references and align the language in the Supranational section to the State Treasurer’s Office Investment Policy. Proposed changes include: 1. Delete inactive Federal Agency issuers listed in Section V - Deletion of agencies no longer active in the market. 2. Delete Banker’s Acceptances in Section V - Diminished issuance/market activity since the peak in the 1980s. 3. Delete reference to the Operating Reserve in Section VI (Maturity Restrictions) - This account was consolidated with the General Account in 2020 for operational efficiencies. The account no longer exists, though total reserves were unchanged at the time of consolidation and have since grown. 4. Amend Section V, Allowable Investments, Supranationals to language similar to the State Treasurer’s Office Investment Policy. Permitted investments are primarily driven by the definition of Investment Obligations contained in the Trust Agreement, with some additional consideration of subsection (h) “any other obligations that constitute legal investments…for State agencies such as the Authority.”

Upon motion by Member Samuel D. Snead and seconded by Member Mario J. Gangemi the immaterial/modest changes to the MDTA Investment Policy was unanimously approved.

UPDATE - EXECUTIVE DIRECTOR’S REPORT

Mr. Bruce Gartner welcomed and congratulated Chair Samantha J. Biddle on her new role as MDOT Acting Secretary.

OPEN SESSION AUGUST 28, 2025 PAGE 4 OF 4

Mr. Gartner then updated the Board on the increasing visible activity for the rebuild at the Francis Scott Key Bridge over the coming months; the upcoming Annual Consolidated Transportation Program tour meetings; the upcoming JCR Reports that will be due in the fall; the Certificate of Achievement for Excellence in Financial Reporting for the production of the Fiscal Year 2024 Annual Comprehensive Financial Report that MDTA has received for the 12 th consecutive year; and the 85 th anniversary of the Thomas J. Hatem Memorial Bridge. Member William H. Cox, Jr. then provided history and remarks based on his personal experiences with Mr. Hatem.

VOTE TO ADJOURN MEETING

There being no further business, upon motion by Member Maricela Cordova and seconded by Member Mario J. Gangemi, the Members unanimously voted to adjourn the meeting at 9:39 a.m.

The next MDTA Board Meeting will be held on Thursday, September 25, 2025 at 9:00 a.m. at MDTA, 2310 Broening Highway, Baltimore MD and will be livestreamed on the MDTA Board webpage.

APPROVED AND CONCURRED IN:

_________________________________________ Samantha J. Biddle, Chair

TAB 2

MEMORANDUM

TO:

MDTA Board

FROM: SUBJECT:

Director of Procurement, Jeffrey Davis, NIGP-CPP, CMPO Contract MT-00211411 – Security Systems Maintenance and Service

DATE:

September 25, 2025

PURPOSE OF MEMORANDUM To seek approval from the Maryland Transportation Authority (MDTA) Board to execute Contract No. MT-00211411 – Security Systems Maintenance and Service. SUMMARY This contract provides periodic preventative maintenance, inspection, testing and on-call emergency and non-emergency repair services for MDTA security systems. Four (4) bids were received, but one Bid was rejected for being non-responsive. ARK Systems, Inc. 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. As this contract exceeds the MDTA’s delegated authority, the award of this contract would be pending approval at the next available BPW meeting. RECOMMENDATION To approve Contract No. MT-00211411 – Security Systems Maintenance and Service. ATTACHMENT • Authority Project Summary

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

AUTHORITY PROJECT SUMMARY Contract No. MT-00211411 - Security Systems Maintenance & Service

PIN NUMBER

N/A

CONTRACT NUMBER CONTRACT TITLE

MT-00211411

Security Systems Maintenance & Service

PROJECT SUMMARY

This contract provides periodic preventative maintenance, inspection, testing and on-call emergency and non-emergency repair services for Maryland Transportation Authority's (MDTA) security systems. ARK Systems, Inc. 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.

MBE PARTICIPATION

ADVERTISED GOAL (%)

PROPOSED GOAL (%)

MBE PARTICIPATION - OVERALL

SCHEDULE

ADVERTISEMENT DATE ANTICIPATED NTP DATE

OVERALL MBE

N/A

7.00% 1.00%

VSBE

12/1/2025 Five Years

DURATION/TERM

BID PROTEST

YES

NO 

BID RESULTS

BID AMOUNT(S)

INCUMBENT

ARK Systems, Inc.

$ $ $

1,173,542.50 1,330,530.00 2,959,592.94

YES

Starlight Security, Inc. Johnson Controls, Inc.

TAB 3

Cynthia D. Penny-Ardinger Jeffrey S. Rosen Samuel D. Snead, MCP, MA John F. von Paris

MEMORANDUM

TO:

MDTA Board

FROM: SUBJECT:

Chief Financial Officer Deborah Sharpless Canton Development Corporation Board of Directors

DATE:

September 25, 2025

PURPOSE OF MEMORANDUM The purpose of this agenda item is to seek approval from the Maryland Transportation Authority (MDTA) Board of the proposed Canton Development Corporation, Inc. (Canton) Board of Directors and designation of the Chief Financial Officer or designee as proxy to attend the annual stockholders meeting on October 29, 2025, to vote to approve the election of the Canton Board of Directors and Chairman. SUMMARY MDTA is the sole stockholder of Canton. The day-to-day operations of Canton are managed by Mr. Tyler Horner, the President and CEO, with the oversight of a Board of Directors. Per the By-Laws of Canton, the stockholders are to gather annually and elect the members of the Board of Directors. Mr. Horner has provided MDTA with proper notice of the upcoming Annual Meeting of stockholders to be held on October 29, 2025. Per the By-Laws, the only matter in which the stockholders have authority to vote on is the election of the members to Canton's Board of Directors. Additionally, the By-Laws of Canton permit the stockholders to be represented by a proxy. ANALYSIS As the sole stockholder of Canton, the MDTA must vote on the election of members of the Canton’s Board of Directors at Canton’s Annual Meeting and the selection of the Chairman. The Canton Board, generally, comprises six Directors, including a MDTA Board Member who serves in an ex officio capacity. The Directors serve three-year terms, and the terms are staggered, resulting in the election of two Directors each year. At times, a seventh Director has been approved when an individual with outstanding qualifications and interest is identified.

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

Canton Development Corporation Board of Directors Page Two

The MDTA recommends the reappointment of Stephen P. Kauffman and Sarah Klein. Information regarding their qualifications is included in the attachments. Additionally, the MDTA recommends Director Kaufman continue his roles and responsibilities as Chairman. REQUESTED ACTION Approve the candidates nominated for appointment to the Canton Board of Directors and appoint the Chief Financial Officer or designee, as proxy, to attend the October 29, 2025 Stockholder Meeting. ATTACHMENT • Attachment I: Stockholder Meeting Notice • Attachment II: List of Directors and Summary of Qualification of the Nominated Director of Canton

Attachment I

Canton Development Corporation Board of Directors Page Four Attachment II

Canton Development Company Canton Railroad Company Freestate Logistic Services, Inc.

Board of Director

Action

Originally Appointed

Term Expiration

J. Robert Huber, Sr. Charley C. Sung Thomas E. Huesman Lorrie A. Schenning Stephen P. Kauffman William H. Cox, Jr. (ex officio)

n/a n/a n/a n/a n/a

2019 2023 2023 2017 2018 2019 2022

2026 2026 2026 2027 2027 2028

Reappoint Reappoint

Sarah Klein 2028 STEPHEN P. KAUFFMAN – ( Reappointment) – Nominated to serve on the Canton Board of Directors September 2019. Resides in Columbia, MD. Partner, Skeen & Kauffman, LLP. Bar membership include Maryland Court of Appeals, United States (U.S.) District Court (Maryland, District of Columbia, and Illinois), Court of Appeals (4 th Circuit), U.S. Supreme Court, U.S, Tax Court, and U.S. Court of Federal Claims. Certified Public Accountant, Maryland. Real Estate Broker, Maryland. Adjunct Professor University of Maryland School of Law, Loyola College, and College of Notre Dame of Maryland. Lecturer Borra CPA Review. SARAH KLEIN - ( Reappointment ) – Director of Front-End Operations and Community Relations for the well-known Klein’s ShopRite of Maryland, a family-owned grocery store business with 9 stores and 1200 employees throughout the Harford, Baltimore County, and Baltimore City area. Klein’s ShopRite of Maryland is a member of Wakefern, the largest retailer- owned cooperative in the United States. Ms. Klein is an active member of the cooperative and sits on both the Customer Experience Committee and the Digital Commerce and Analytics Committee. Ms. Klein holds a degree in Business Administration with a concentration in Marketing. She was awarded The ATHENA Young Professional Leadership and was named as the Baltimore Sun Top 25 Women to Watch in 2022 and the Daily Record’s Leading Women. She serves as an active member on multiple boards of directors, including the John Carroll School, the Greater Bel Air Community Foundation, the Albert P. Close Foundation, the Char Hope Foundation, the Rockfield Foundation, the Harford County Sheriff’s Foundation, and the Next Generation Leadership Council (NextGen) of the Upper Chesapeake Health Foundation. Ms. Klein also oversees Klein’s ShopRite of Maryland’s Charitable Foundation that was developed to support important community initiatives. In this role, she has supported numerous community non-profits such as the Upper Chesapeake Hospital Cancer Center, the Amanda Hichkad Walk, and Klein’s Family Crisis Center.

TAB 4

Cynthia D. Penny-Ardinger Jeffrey S. Rosen Samuel D. Snead, MCP, MA John F. von Paris

MEMORANDUM

TO:

MDTA Board

FROM: Director of Budget Jeffrey Brown SUBJECT: Fiscal Year 2026 Operating Budget Amendment DATE: September 25, 2025

PURPOSE OF MEMORANDUM The Maryland Transportation Authority (MDTA) requests approval of an amendment to increase the Fiscal Year (FY) 2026 Operating Budget by $1.1 million to purchase 13 MDTA Police pool vehicles. The purchases are in accordance with the collective bargaining agreement with the Fraternal Order of Police (FOP) Lodge #34. According to Section 6.17 of the Trust Agreement, the budget may be amended at any time during the current fiscal year. SUMMARY As a result of collective bargaining, 13 additional police pool vehicles must be purchased in FY 2026. The FY 2026 Amended Operating Budget totals $462.2 million. This represents an increase of $1.1 million, or 0.2%, above the previous FY 2026 budget. The funding by RC is provided in the table below:

SubObject # Cars

Description

FY26 Bud FY26 Am Difference O/(U)

13 Purchase Vehicle - Car, Light Truck 7,770,000 8,862,000 1,092,000

9550 - Traffic Mgmt 0701

RECOMMENDATION Request the MDTA Board approve the amended FY 2026 Operating Budget. ATTACHMENT • FY 2026 SummaryByObject

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

ATTACHMENT

FY26 Am- FY26 Final

Final

Amendment

FY 2026 Budget

Object

Description

Inc/Dec

OBJECT 01 Salaries and Wages

101 REGULAR EARNINGS 102 ADDITIONAL ASSISTANCE 104 OVERTIME EARNINGS 104 OVERTIME EARNINGS - SNOW

152,589,257 152,589,257

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

194,092 6,007,621 1,379,686 983,391

105 SHIFT DIFFERENTIAL

110 MISCELLANEOUS P/R ADJUSTMENTS

259,750 192,471 403,865

111 ANNUAL LEAVE PAYOUTS 112 RECLASSIFICATIONS

151 SOCIAL SECURITY CONTRIBUTIONS

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 0 (12,922,298)

152 HEALTH INSURANCE

154 RETIREE'S HLTH INSURANCE PREM 161 EMPLOYEES RETIREMENT SYSTEM 165 STATE POLICE RETIREMENT SYSTEM 169 LAW ENFORCEMNT OFF PENSION SYS 172 DEFERRED COMPENSATION MATCH 174 UNEMPLOYMENT COMPENSATION 175 WORKERS COMPENSATION 171 BURDEN EXPENSE

189 TURNOVER

199 OTHER FRINGE BENE - CLOTH ALLOW

859,111

248,698,627 248,698,627

Object 02 Technical and Special Fees 202 PER DIEM PAYMENTS

125,000

209 ADMIN/MGMT SERVICES SUPPORT

3,000 1,000

211 EMPLOYEE AWARDS

220 SPECIAL PAYMENTS PAYROLL

1,118,978 1,247,978

Object 03 Communications 301 POSTAGE

51,600 880,904 803,730

302 TELEPHONE

303 TELECOMMUNICATIONS

305 STATE PAID TELECOMMUNCIATIONS 306 CELL PHONE EXPENDITURES

2,000,000 663,181 4,399,415

Object 04 Travel

401 IN STATE/ROUTINE OPERTN TRAVEL 402 INSTATE/CONF/SEMNR/TRNG TRAVEL 403 OUTSTATE/ROUTINE OPERTN TRAVEL 404 OUTSTATE/CONF/SEMNR/TRNG TRAVL

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

Object 06 Fuel and Utilities 603 FUEL-OIL #2

149,300 486,434 4,248,405 416,703 5,300,842 8,018,000 4,025,750 2,721,700 407,863

149,300 486,434 4,248,405 416,703 5,300,842 9,110,000 4,025,750 2,721,700 407,863

606 FUEL-NATURAL GAS/PROPANE 620 UTILITIES-ELECTRICITY 621 UTILITIES-WATER/SEWAGE

Object 07 Motor Vehicle Operations and Maintenance 701 PURCH VEH-CAR,LIGHT TRUCK

1,092,000

13.6% 0.0%

702 VEHICLE GAS & OIL

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 5.3%

703 VEHICLE MAINTENANCE & REPAIR

704 INSURANCE

721 VEHICLE GAS & OIL-WATERCRAFT

49,347

49,347 111,431

722 VEHICLE MAINTENANCE & REPAIR-WATERCRAFT 111,431

724 BOAT SLIP RENTAL/LAUNCHING FEES

4,200

730 PURCH VEH-OTHER LAND VEH - DUMP, TRACTOR 1,816,000

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

731 LG VEHICLE GAS & OIL 732 LG VEHICLE MAINT & REPAIR

1,000,000 2,500,000

789 COMMUTE CHARGES

(5,000) 50,000

799 OTHER MOTOR VEHICLE CHARGES

20,699,291

21,791,291

1,092,000

Object 08 Contractual Services

801 ADVERTISING/LEGAL PUBLICATION 802 APPLICATIONS SOFTWARE MAINTENANCE 804 PRINTING/REPRODUCTION SERVICE

3,278,691 100,000

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

33,250

807 ENGINEERS

35,940,000 544,018 2,123,609 16,176,962 1,944,667 17,413

808 EQUIPMENT RENTAL

809 EQUIPMENT REPAIRS & MAINT 810 EXTERMINATION SERVICE 812 BUILDING/ROAD REPAIRS & MAINT

813 JANITORIAL SERVICES 814 GROUNDS MAINTENANCE 815 LAUNDRY SERVICE 816 HOUSEKEEPING SERVICES

86,700 3,400

817 LEGAL SERVICES

477,850 1,328,188 594,720 6,947,572 1,241,976

819 EDUCATION/TRAINING CONTRACTS

820 MEDICAL CARE

821 MGMT STUDIES AND CONSULTANTS

823 SECURITY SERVICES 824 LABORATORY SERVICES 825 VETERINARY SERVICES 826 FREIGHT AND DELIVERY

44,278 31,565 17,841 474,648 62,000 900,000 400,000 613,538 100,000 6,000

827 TRASH AND GARBAGE REMOVAL

828 OFFICE ASSISTANCE 829 FISCAL SERVICES

15,715,250

0832 EDUCATION/TRAINING REIMBURSEMENT

841 DP CENTRAL PROCESS SVC

843 DP COMMUNICATIONS CONTROLLERS SVC 849 TELECOMM LINES, MODEMS & CONTRLLR 854 COMPUTER MAINTENANCE CONTRACTS 861 APPL SOFTWARE ACQUISITION 862 APPL SOFTWARE MAINTENANCE 864 SYSTEMS SOFTWARE MAINTENANCE 865 OUTSIDE SVCS-SYS ANALYSIS&DSGN 858 SOFTWARE LICENSES 866 OUTSIDE SVCS-PROGRAMMING 869 OUTSIDE SVCS-COMPUTER USAGE 873 OUTSIDE SVC - E-ZPASS® SVC CENTER 874 OFFICE OF ATTORNEY GENERAL FEE 875 RETIREMENT AGENCY ADMIN FEE 876 STATEWIDE DOIT SERVICES 894 STATEWIDE PERSONNEL SYS ALLOC 897 STATEWIDE ENTERPRISE BUDGET SYSTEM 899 OTHER CONTRACTUAL SVC-NON DP

123,750 50,000 1,501,000 1,000,000 8,000,000 500,000 550,000 45,500,000

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

348,402 4,310,702

151,531,519 151,531,519

Object 09 Supplies and Materials 901 AGRICULTURE 902 OFFICE SUPPLIES

53,090 446,170 492,291 488,712

903 ELECTRICAL MATERIALS

904 BUILDING & HOUSEHOLD SUPPLIES 905 ROADWAY MAINT MATERIALS 906 SALT/SNOW MELTING MATERIALS 908 HOUSEKEEPING SUPPLIES 909 MEDICAL SUPPLIES 915 LIBRARY SUPPLIES 917 SMALL TOOLS 918 VETERINARY SUPPLIES 912 WEARING APPAREL-UNIFORMS EMPL 926 DATA PROCESSING SUPPLIES 934 AMMO GUNS FIRING RNGE SUPPLIES 920 FOOD

761,477 1,661,500

74,266 44,807

1,293,258

29,975 348,519 29,381 194,784

32,435 754,811 4,115,000 369,319 11,189,795

951 E-ZPASS TRANSPONDERS

999 OTHER SUPPLIES AND MATERIALS

Object 10 Replacement Equipment

1013 REPL MAINTENANCE & BUILDING EQUIP

296,600 106,357 66,000

1015 REPL OFFICE EQUIPMENT

1019 REPL RADIOS & ELECTRONIC EQUIPMENT

1031 REPL DP EQUIP-MAINFRAME

1033 REPL DP EQUIP-MICROCOMPUTER 1036 REPL DP EQUIP-PERIPHERALS 1099 OTHER REPLACEMENT EQUIPMENT

1,005,200 14,400 541,266 2,029,823

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

Object 11 Additional Equipment

1102 ADDT'L AUDIO-VISUAL EQUIP 1103 ADDT'L CLEANING EQUIPMENT 1107 ADDT'L EDUCATIONAL EQUIPMENT

6,500 10,000

1109 ADDT'L HUMAN ENVIRONMENTAL EQUIPMENT 1113 ADDT'L MAINTENANCE & BUILDING EQUIP 1119 ADDT'L RADIOS & ELECTRONIC EQUIPMENT 1131 ADDT'L DP EQUIP-MAINFRAME 1133 ADDT'L DP EQUIP-MICROCOMPUTER 1199 OTHER ADDITIONAL EQUIPMENT 1115 ADDT'L OFFICE EQUIPMENT

1,000

253,000 238,590 665,000

20,000

1,378,962 2,573,052

Object 13 Fixed Charges

1302 INSURANCE COVERAGE PAID TO STO

907,813 1,100 29,020 283,857

1303 RENT PAID TO DGS 1304 SUBSCRIPTIONS 1305 ASSOCIATION DUES

1308 LICENSES

9,720

1309 INSURANCE (NON STO PAYMENTS) 1320 1320 BAD DEBT EXPENSE (NON TOLLS)

11,596,368

50,000

12,877,878

Total

461,119,067 462,211,067

1,092,000

0.2%

TAB 5

Cynthia D. Penny-Ardinger Jeffrey S. Rosen Samuel D. Snead, MCP, MA John F. von Paris

MEMORANDUM

TO:

MDTA Board

FROM: SUBJECT:

Director of Budget Jeffrey Brown

Fiscal Year 2025 Operating Budget vs. Actual Spending Review

DATE:

September 25, 2025

PURPOSE The purpose of the memorandum is to report on fourth quarter Fiscal Year (FY) 2025 spending compared to the FY 2025 Amended Operating Budget. KEY TAKEAWAY As of June 30, 2025, 95% of the budget was spent compared to a target of 100%. Except for fixed charges, all Object Codes were within or below budget spending levels. 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 - $234.8M Budget ) are at targeted spending levels with a 100% spend rate. • Communications ( Object 03 - $4.3M Budget ) is below budget with a 74% spend rate primarily due to lower telecommunications (telephone, cell phone, etc.) expenses. The primary driver for the underspend due to the delayed new maintenance contract that was scheduled for FY 2025 but will be completed in FY 2026. • Travel ( Object 4 - $639K Budget ) is below budget with a 42% spend rate. The availability of virtual meetings coupled with new travel guidelines are key drivers for the underspending in this category.

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

Fiscal Year 2025 Operating Budget vs. Actual Spending Review Page Two

• Fuel and Utilities ( Object 06 - $5.0M Budget ) is slightly above budget with a 102% spend rate primarily due to electricity charges partially offset by underspending in fuel oil, natural gas, and water. o Utilities-Electricity ( Object 0620 - $4.0M Budget ) is above budget with 105% spend rate due to market pressures. • Motor Vehicle Operations & Maintenance ( Object 07 - $26.4M Budget ) is below budget with a 77% spend rate. o Vehicle Purchases ( Object 0701 - $16.6M Budget ) is below budget with a 79% spend rate. The laptops and cameras that were part of the MDTA Police vehicle cost were not received by fiscal year end. o Vehicles Gas & Oil ( Object 0702 - $4.0M Budget ) is below budget with a 46% spend rate due to the easing of gas prices compared to budget assumptions. o Vehicles Maintenance & Repair ( Object 0703 - $2.0M Budget ) is below budget with an 88% spend rate. o Other Vehicles Gas & Oil ( Object 0731 - $1.0M Budget ) is below budget with an 87% spend rate. o Large Vehicle Maintenance & Repair ( Object 0732 - $2.1M Budget ) is above budget with an 108% spend rate. o All other major sub-objects are within budget guidelines. • Contractual Services ( Object 08 - $145.9M Budget ) are close to budget with a 90% spend rate. o Advertising ( 0801 - $3.1M Budget) is below budget with a 66% spend rate. Some promotional activity has moved into FY 2026. o Equipment Repairs & Maintenance (0809 - $1.4M Budget) is below budget with a 57% spend rate. This is driven by the VMWare renewal that will be realized in FY 2026 instead of FY 2025. o Building/Road Repairs & Maintenance ( 0812 - $15.5M Budget ) is above budget with a 114% spend rate. Building renovations, repairs (HVAC, boilers, ITS expenses, sludge removal, engineering) and the timing associated with accounting invoices across the operational cost centers drive the performance. o Janitorial Services ( 0813 – $1.8M Budget ) is slightly below budget with a 92% spend rate. o Education & Training ( 0819 - $1.3M Budget ) is below budget with a 62% spend rate. The Career Development Program costs drive the underspend. Spending in this area has not recovered following the pandemic. o Management Studies ( 0821 - $6.2M Budget ) is below budget with a 48% spend rate. A delay in awarding a contract for an A/E contract and reduced activity across the various cost centers drive the performance. o Security Services ( 0823- $1.2M Budget ) is below budget with a 55% spend rate. o Fiscal Services (0829 - $15.9M Budget) is below budget with an 86% spend rate, primarily driven by credit card volume .

Fiscal Year 2025 Operating Budget vs. Actual Spending Review Page Three

o IT Services ( 0841through 0869 - $13.9M Budget ) is above budget with a 108% spend rate driven by Object 0862 Application Software Maintenance.  Application Software Maintenance ( 0862 - $2.2M Budget ) is above budget with a 277% spend rate. The sharp increase is due to rate and usage increases for the Computer Aided Dispatch and Record Management System. This cost is anticipated to stay elevated in the future. o E-ZPass ® Service Center Costs ( 0873 - $44.0M Budget ) is below budget with an 83% spend rate. Delays in anticipated task order activity coupled with lower than anticipated spending in other areas of the budget are the primary drivers for the underspending in this area. o Other Contractual Services (0899 - $4.4M Budget) is below budget with a 73% spend rate. This is primarily due a lower than budgeted overhead rate for the MSP. • Supplies & Materials ( Object 09- $10.6M Budget ) is below budget with an 78% spend rate. o Roadway Maintenance ( 0905 - $665K Budget ) is below budget with a 73% spend rate due to lower emergency activity. o Salt ( 0906 - $1.9M Budget ) is at a 54% spend rate due to the reduced winter storm activity. o Uniforms (0912 - $1.2M Budget) is below budget with an 87% spend rate. This cost is driven by when the orders are received. o Ammunition ( 0934 - $594K Budget ) is below budget with an 89% spend rate. o Transponders ( 0951 - $4.0M Budget) expense is below budget with an 84% spend rate. • Replacement Equipment (Object 10 - $2.7M Budget ) is below budget with a 56% spend rate. o Microcomputers ( Object 1033 - $1.4M Budget) is below budget with a 59% spend rate. Some computer requirements are being moved to FY 2026. o Other Replacement Equipment (Object 1099 - $529K Budget) is below budget with a 19% spend rate. The performance is driven by the MSP K-9 underspend. • Additional Equipment ( Object 11 - $1.2M Budget ) is below budget with a 47% spend rate mostly due the timing of orders. Reduced spend and accounting invoice timing drive the underspend. • Fixed Costs ( Object 13 - $9.8M Budget ) is over budget with a 126% spend rate. o Insurance ( Object 1309 - $8.5M Budget ) is over budget with a 129% spend rate due to increases in both property and liability insurance. ATTACHMENT • Budget vs Actual by Object 4th Qtr. FY 2025

MDTA OPERATING FUND Bgt vs. Actual by Obj and RC Detail Summary of All Units For the Twelve Months Ending Monday, June 30, 2025

Expenditures This Month

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 MISC P/R ADJUSTMENTS 0111 ACCRUED LEAVE PAYMENTS

$11,700,363 $144,727,005 $115,906,615 $28,820,390

80.1%

144,964

144,964 209,978

0.0%

634,254

6,862,807

6,652,830

96.9%

(5,754) 24,849 72,294

1,126,059 (1,126,059)

0.0% 8.2%

1,036,191

85,197 422,067

950,994 (235,658) (936,521) 403,865

186,409 217,927 403,865

226.4% 529.7% 0.0% 1.4% 4.1% 3.9% 1.0% 0.0% 0.0% 0.0% 2.4% 98.6% 98.2%

478,383

1,154,448

0112 RECLASSIFICATIONS 0151 SS CONTRIBUTIONS 0152 HEALTH INSURANCE

43,243 236,800 136,856 39,617

10,375,642 20,404,594 12,487,606 18,070,076 3,879,976 22,876,047

143,859 10,231,783 846,026 19,558,568 481,455 12,006,151 172,161 17,897,915

0154 RETIREE'S HLTH INS PREM 0161 EMPLOYEES RETIRE SYSTEM 0165 STATE POLICE RETIRE SYSTEM 0169 LAW ENFORCEMNT OFF PENSION 0172 DEFERRED COMP MATCH 0174 UNEMPLOYMENT COMP 0175 WORKERS COMPENSATION 0171 BURDEN EXPENSE

1,125,542

3,826,342

53,634

22,876,047

4,815,332

99,839,519 (99,839,519)

2,400 9,870

(2,400)

2,902

405,238

395,368 52,857

3,010,078

2,957,221

0189 TURNOVER

(12,663,613)

0.0%

0199 OTHER FRINGE - CLOTH ALLOW

1,692

918,711

725,725

192,986

79.0%

Total Object 01

19,306,373 233,343,523 234,351,791 (1,008,269)

100.4%

Object 02 Technical and Special Fees 0202 PER DIEM PAYMENTS

16,500

150,000

107,500

42,500

71.7% 0.0% 0.0% 7.3%

0211 EMPLOYEE AWARDS

1,000

0220 SPECIAL PAYMENTS PAYROLL

1,328,934 1,479,934

1,328,934 1,372,434

Total Object 02

16,500

107,500

Object 03 Communications 0301 POSTAGE

1,253

83,227 873,771 775,272

25,873 240,075 632,077

57,354 633,696 143,195 183,668 124,726

31.1% 27.5% 81.5% 90.8% 78.5% 73.5%

0302 TELEPHONE

35,643 121,088 95,119 253,103

0303 TELECOMMUNICATIONS 0305 STATE PAID TELECOMM 0306 CELL PHONE EXPENDITURES

2,001,477

1,817,809

580,690

455,964

Total Object 03

4,314,437

3,171,798

1,142,639

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

4,301 7,108

63,193 105,110 63,064 407,878 639,245

20,540 34,555

42,654 70,555 62,321 198,188 373,718

32.5% 32.9%

262

743

1.2%

48,970 60,641

209,690 265,527

51.4% 41.5%

Total Object 04

Object 06 Fuel and Utilities 0603 FUEL-OIL #2

1,912

147,200 427,009

106,674 421,239

40,526

72.5% 98.6% 105.1% 84.5% 101.7% 79.4% 45.9% 88.2% 100.0% 28.3% 43.8% 0.0%

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

23,861

5,770

1,014,704

3,951,804

4,151,561

(199,757)

52,638

431,203

364,272

66,931

Total Object 06

1,093,115

4,957,216

5,043,746

(86,530)

Object 07 Motor Vehicle Operations and Maintenance 0701 PURCH VEH-CAR,LIGHT TRUCK

2,457,949

16,627,990 4,025,750 2,028,957

13,195,774 1,849,365 1,789,603

3,432,216 2,176,385

0702 VEHICLE GAS & OIL 0703 VEHICLE MAINT & REP

81,134 221,856

239,354

0703 VEHICLE MAINT & REP-SNOW

5,746

(5,746)

0704 INSURANCE

347,163 47,814 64,503

347,163 13,554 28,277

0721 VEH GAS & OIL - WATERCRAFT 0722 VEH MAINT & RE- WATERCRAFT 0724 BOAT SLIP RENTAL/LAUNC FEES

1,981 3,002

34,260 36,226

4,000

0.0%

SUMMARY

MDTA OPERATING FUND Bgt vs. Actual by Obj and RC Detail Summary of All Units For the Twelve Months Ending Monday, June 30, 2025

Expenditures This Month

YTD

Budget

Expense

Balance

Spent

0730 PURCH VEH-OTHER LAND VEH 0731 GAS & OIL - OTHER LAND VEHICLES 0732 LG VEHICLE MAINT & REPAIR 0732 LG VEHICLE MAINT & RE-SNOW 0741 ELECTRICITY USAGE FOR VEH

194,000

527

193,473 127,389 (160,512) (51,584)

0.3%

30,887 259,196

1,000,000 2,050,000

872,611

87.3% 107.8%

2,210,512

1,427

51,584

0.0% 0.0%

(60)

0789 COMMUTER CHARGE

(1,055)

(5,000) 50,000

(10,808)

5,808 216.2%

0799 OTHER MOTOR VEH CHARGES

840

49,160

1.7%

Total Object 07

3,057,217

26,435,177

20,354,806

6,080,370

77.0%

Object 08 Contractual Services 0801 ADVERTISING/LEGAL

507,746

3,064,703

2,031,621

1,033,082 64,375 40,874 182,676 682,998 118,626 278,807 501,966 (68,833) 527,112 (79,287) (422,448) (489,739)

66.3% 35.6% 11.5% 93.6% 82.3% 43.5% 52.3% 54.4% 104.3% 69.0% 109.9% 106.6% 103.1% 100.1% 57.5% 46.5% 45.0% 91.8% 53.2% 39.6% 0.0% 142.3% 61.9% 56.2% 48.0% 54.9% 14.7% 146.8% 38.2% 0.0% 151.3% 29.7% 86.4% 57.4% 90.9% 17.1% 79.9% 100.3% 277.4% 236.8% 70.1% 75.3% 78.6% 82.7% 98.6% 0.0% 99.4% 898.9% 23.5%

0802 APPLICATIONS SOFTWARE MAINT

4,013

100,000 46,200

35,625

0804 PRINTING/REPRODUCTION

661

5,326

0807 ENGINEERS

938,998 835,865 49,986 140,432 212,901 655,115 392,464 269,056 323,289

2,850,000 3,865,000

2,667,324 3,182,002

0807 ENGINEERS - Environ (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 Insp (MA2471)

210,000 585,000

91,374 306,193 598,034

1,100,000 1,600,000 1,700,000 6,415,000 15,650,000 800,000

1,668,833 1,172,888

879,287

6,837,448 16,139,739

6,321,479

0808 EQUIPMENT RENTAL

50,689

501,677

502,263 779,926

(586)

0809 EQUIPMENT REPAIRS & MAINT

811

1,356,693

576,767

0810 EXTERMINATION

2,743

16,839

7,835

9,004

0812 BUILDING/ROAD REP & MAINT

1,870,961 3,682,897

15,468,899

6,959,130

8,509,769

0812 BUILDING/ROAD RE & MAINT - On-Cal

10,627,442 (10,627,442)

0813 JANITORIAL SERVICES 0814 GROUNDS MAINTENANCE

171,776

1,797,960

1,649,902

148,058 21,070

45,000

23,930

0815 LAUNDRY

182

3,344

1,323

2,021

0816 CONTRACTUAL SVC - HOUSEKEEP

0817 LEGAL SERVICES

53,580 121,237 14,974 775,539 121,385

226,300

321,977 827,124 298,855

(95,676) 510,114 232,865 548,662 38,867 (14,781) 3,212,978

0819 EDUC/TRAINING CONTRACTS

1,337,238

0820 MEDICAL CARE

531,720

0821 MGMT STUDIES & CONSULTANTS

6,173,622 1,216,976 45,578 31,565 18,613 463,606 61,387 500,000 596,601 185,000 154,194 15,930,250 1,100,000

2,960,644

0823 SECURITY SERVICES 0824 LABORATORY SERVICES

668,314

6,711

0825 VETERINARIAN

3,431 2,867

46,346

0826 FREIGHT AND DELIVERY

7,116

11,497

0827 TRASH AND GARBAGE REMOVAL

93,254

701,472 18,202 630,883 454,257 101,962 147,855 13,770,559

(237,866)

0828 OFFICE ASSISTANCE 0829 FISCAL SERVICES

43,185

1,954,680

2,159,691

0841 DP CENTRAL PROCESS SVC 0843 DP COMM CONTROLLERS SVC 0849 TELECOMM , MODEM/ CNTLRS 0854 COMP MAINTCONTRACTS 0861 APPL SOFTWARE ACQUISITION 0862 APPL SOFTWARE MAINTENANCE 0864 SYSTEMS SOFTWARE MAINT 0858 SOFTWARE LICENSES 0865 OUTSIDE SVCS-SYS ANAL &DSGN 0866 OUTSIDE SVCS-PROGRAMMING 0869 OUTSIDE SVCS-COMPUTER USAGE 0873 OUTSIDE SVC - E-Z PASS SVC CTR 0874 OFFICE OF ATTY GENERAL FEE 0875 RETIRE AGENCY ADMIN FEE 0876 STATEWIDE DOIT SERVICES 0894 STATEWIDE PERS SYS ALLOC 0897 STATE ENTERPRISE BUDGET SYST

72,941 139,772 25,700 98,482

469,117 45,743 494,639 37,145

9,422

154,667 10,383

(473)

(10,383)

927,538

2,226,200

6,174,757 (3,948,556)

9,906

500,000

1,184,223 5,234,480 312,346 608,967 42,799 232,127 547,975 36,395,972

(684,223) 2,230,520

633,465 38,317 12,599

7,465,000 415,000 775,000 43,411 233,463 60,962 40,535 44,000,000

102,654 166,033

9,859,784

7,604,028

612

1,336

72,048

(487,013)

9,538

30,997

12,110

0 100.0%

SUMMARY

MDTA OPERATING FUND Bgt vs. Actual by Obj and RC Detail Summary of All Units For the Twelve Months Ending Monday, June 30, 2025

Expenditures This Month

YTD

Budget

Expense

Balance

Spent

0899 OTHER CONTRACT SVC-NON DP

810,187

4,400,908

3,218,286

1,182,622

73.1% 90.0%

Total Object 08

32,283,169 145,921,604 131,268,352 14,653,254

Object 09 Supplies and Materials 0901 AGRICULTURE

6,890

38,189 418,854 412,635 388,518 664,618

30,639 286,505 198,174 560,940 488,024

7,550

80.2% 68.4% 48.0% 144.4% 73.4% 54.4% 75.2% 44.0% 87.4% 68.0% 110.6% 14.0% 72.5% 100.9% 89.4% 84.3% 47.5% 77.8% 76.7% 144.5% 69.0% 59.1% 18.9% 55.9% 0.0% 0.0%

0902 OFFICE SUPPLIES

38,842 42,091 116,593 57,875 16,426

132,349 214,461 (172,422) 176,594 848,785 17,446 20,674 149,506

0903 ELECTRICAL MATERIALS 0904 BLDG & HOUSEHOLD SUPPLIES 0905 ROADWAY MAINT MATERIALS 0906 SALT/SNOW MELTING MATLS 0908 HOUSEKEEPING SUPPLIES

1,859,664

1,010,879

5,566 3,446

70,317 36,910

52,871 16,237

0909 MEDICAL SUPPLIES

0912 WEARING APPAREL-UNIFORMS

174,487

1,187,018

1,037,511

0915 LIBRARY SUPPLIES

246

29,675 282,950 73,500 189,695 39,746 593,768

20,181 313,020 10,287 137,545 40,099 530,767

9,493

0917 SMALL TOOLS

82,307

(30,070)

0918 VETERINARY SUPPLIES

1,313

63,213 52,150

0920 FOOD

36,909

0926 DATA PROCESSING SUPPLIES 0934 AMMO GUNS FIRING RNG SUPPLIES

8,806 1,551

(352)

63,001 619,760 175,807

0951 E-ZPASS TRANSPONDERS

266,400 14,256 874,004

3,960,000

3,340,240

0999 OTHER SUPPLIES & MATERIALS

334,860

159,053

Total Object 09

10,580,917

8,232,973

2,347,944

Object 10 Replacement Equipment 1002 REPL AUDIO-VISUAL EQUIP 1013 REPL MAINT & BUILDING EQUIP 1015 REPL OFFICE EQUIPMENT 1019 REPL RADIOS & ELECT EQUIP 1031 REPL DP EQUIP-MAINFRAME 1033 REPL DP EQUIP-MICROCOMPU 1099 OTHER REPLACEMENT EQUIP Object 11 Additional Equipment 1102 ADDT'L AUDIO-VISUAL EQUIP 1103 ADDT'L CLEANING EQUIPMENT 1109 ADDT'L HUMAN ENVVIRO EQUIP 1113 ADDT'L MAINT & BLDG EQUIP 1115 ADDT'L OFFICE EQUIPMENT 1119 ADDT'L RADIOS & ELECT EQUIP 1133 ADDT'L DP EQUIP-MICROCOMP 1136 ADDT'L DP EQUIP-PERIPHERALS 1199 OTHER ADDITIONAL EQUIP Total Object 10

4,669

(4,669) 93,513 (38,026) 74,770 80,000 561,880 428,932

58,032 21,168 102,440 385,569 65,340 632,549

401,500 85,407 241,000 80,000

307,987 123,433 166,231 811,200 99,968

1,373,080

528,900

2,709,887

1,513,487

1,196,400

1,750

9,500

63,321

(53,821)

666.5%

10,000

0.0%

1,000

17,910 182,641 94,885 12,228

(16,910) 1791.1%

16,719 15,566

139,715 49,700 475,000 40,000

(42,926) (45,184) 462,772 40,000

130.7% 190.9%

2.6% 0.0% 0.0%

1,080

(1,080)

11,779 45,813

459,835

183,467 555,532

276,368 629,218

39.9% 46.9%

Total Object 11

1,184,750

Object 13 Fixed Charges 1301 RENT

(220,800)

105

(105)

0.0%

1302 INS COVERAGE PAID TO STO

838,110

813,531

24,579

97.1%

1303 RENT PAID TO DGS 1304 SUBSCRIPTIONS 1305 ASSOCIATION DUES

1,100

1,100 2,917

0.0%

950

26,675 372,272

23,758 320,581

89.1% 86.1% 106.3% 129.2% 429.5% 126.2%

9,184 1,320

51,691

1308 LICENSES

7,800

8,291

(491)

1309 INSURANCE (NON STO PAYMENTS)

8,500,000

10,982,133 (2,482,133)

1320 BAD DEBT EXPENSE

(2,800)

50,000

214,740

(164,740)

Total Object 13

(212,146)

9,795,957

12,363,139 (2,567,182)

94.5%

Total All Objects

57,410,340 441,362,646 417,228,654 24,133,996

SUMMARY

TAB 6

MEMORANDUM

TO:

MDTA Board

FROM: SUBJECT:

Assistant Capital Program Manager Jennifer Stump

Fourth Quarter Review of Fiscal Year 2025 Capital Budget vs. Actual Spending

DATE:

September 25, 2025

PURPOSE OF MEMORANDUM The purpose of the memorandum is to update the MDTA Board on the status of actual Fiscal Year (FY) 2025 capital spending against the FY 2025 capital budget in the FY 2025-2030 Draft Consolidated Transportation Program (CTP). This information was also presented to the MDTA Finance and Administration Committee on September 11, 2025. SUMMARY As of June 30, 2025, 65% of the FY 2025 budget was spent as compared to the targeted spending level of 100%. The total budget for FY 2025 was $809.8 million. The actual spending through the fourth quarter was $525.3 million. ANALYSIS Eight of the 91 projects budgeted in FY 2025 were within the acceptable spending limits of 90% to 110% (plus or minus 10% of the 100% target). The variation is decreased from the 25% reported for the first, second, and third quarters because all allocations, accruals, and FY 2025 invoices were posted. Actual spending through the fourth quarter for ten projects with the highest FY 2025 budgets was $393.3 million. The ten projects are detailed in Attachment A. ATTACHMENT • Attachment A – FY 2025 Capital Program Spending – Ten Projects with highest FY 2025 Budgets

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

Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10-11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62 Page 63 Page 64 Page 65 Page 66 Page 67 Page 68 Page 69 Page 70 Page 71 Page 72 Page 73 Page 74-75 Page 76-77 Page 78-79 Page 80 Page 81 Page 82 Page 83

Made with FlippingBook - professional solution for displaying marketing and sales documents online