MARYLAND TRANSPORTATION AUTHORITY CASH FLOW FORECAST FY 2027 - 2032
In Millions $
FY 2026 FY 2027
FY 2028 FY 2029
FY 2030
FY 2031
FY 2032
Revenues Toll Revenues
$796.7 $4.5 $19.7 $0.2 $40.1 $861.2
$769.9 $4.5 $15.2 $0.2 $40.5 $830.2
$784.1 $4.5 $14.7 $0.2 $42.1 $845.5 $499.5 160.2 $659.6 $185.8 1,175.9 1,873.2
$794.5 $4.5 $15.2 $0.1 $43.8 $858.2 $516.7 198.6 $715.4 $142.8 1,104.7 1,916.2
$801.7 $4.5 $15.8 $0.1 $45.5 $867.6
$826.4 $4.5 $16.4 $0.1 $47.3 $894.7
$851.1 $4.5 $17.0 $0.1 $49.2 $921.9
Concessions Revenue
Investment Income & Other Revenue MDOT Loan Repayment - Interest BWI/Port Police Reimbursement
Total Revenues
Operating Expenses Operating Account Budget
$462.2 144.5 $606.7
$473.3 144.4 $617.7
$537.4 250.0 $787.4
$558.9 292.6 $851.5
$581.3 324.9 $906.2
Debt Service
Total Operating Expenses
Operating Revenue Net of Expenses
$254.5 451.4 872.7
$212.5 333.6 863.4
$80.2
$43.2
$15.7
Capital Expenses 2027-2032 Total CTP
1,017.8 1,758.6
924.2
101.0 823.1
1,646.6
Total Expenses (Operating + Capital)
$1,479.4 $1,481.1
$2,532.8 $2,631.6
$2,546.0
$2,498.1
$1,729.3
Capital Funding Source / (Uses) and Intergovernmental Revenue Bonds $0.0
$262.6
$523.5
$678.8
$675.8
$695.9
$706.2
Surety Policy
- -
(0.5) (0.0)
(0.9) (0.0)
(1.2)
(1.2)
(1.2) (46.8)
(1.3)
FSK Short Term Financing Paydown MDOT Loan Repayment - Principal FSK Property Insurance/Settlement FSK Short Term Financing I-895 Federal Grant
-
-
(411.6)
1.5
1.5
1.6 7.5
1.6 8.5
1.6
1.6 3.4
1.7
-
- - -
4.05
17.2
2,072.2
- - - -
-
-
- -
- -
- - -
351.9 50.3
157.02 860.8
FSK Federal Grant
217.0
971.0
512.6
Accrual Accounting Reconciliation
-
-
-
-
-
Total Current Year Sources (Uses) Avai
2,073.7
480.7
531.6
1,089.8
1,698.1
1,623.9
824.8
2,001.2
1,541.8
847.9
874.2
904.5
Annual Cash Requirements
(594.3)
1,000.4
Annual Cash Surplus/Deficit
$1,455.5
($170.1) ($1,155.8) ($683.7)
$19.7 $440.6
$20.5 $461.1
$17.4 $478.4
Total Cash Balance
$2,430.5 $2,260.3
$1,104.6
$420.9
Bonds Outstanding
$2,014.6 $2,224.2
$2,698.8 $3,677.2
$4,445.2
$5,014.1
$5,161.8
Financial Coverage Ratios Unencumbered Cash (> Next FY Op. Bud.)
$506.5
$452.9
$473.0
$491.9
$511.6
$532.0
$549.4
Debt Service Coverage (>2.0x)
2.8 2.1
2.5 1.9
2.2 1.7
1.7 1.3
1.3 1.0
1.1 0.9
1.0 0.8
Rate Covenant Compliance (Legal - 1.0x)
Made with FlippingBook - professional solution for displaying marketing and sales documents online