MDTA Board Meeting Materials

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

NOVEMBER 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 12:00 Noon on Monday, November 24. 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 October 30, 2025

Chair

5 min.

2. Approval – Closed Session Meeting Minutes of October 30, 2025 Chair

5 min.

3. Update – Independent Auditor’s Report for the Fiscal Year 2025 Financial Statements Audit and SOC 1 and SOC 2 Reports

William Seymour, SB 10 min.

Tiana Wynn, SB

4. Approval – Contract Awards

Jeffrey Davis

10 min.

• FT-3028-0000 – Miscellaneous Structural Repairs Inside Fort McHenry Tunnel • MR-3043-0000 – On-Call Structural Repairs and Miscellaneous Modifications • MA-3024-0000 – Replace CCTV at Various Facilities • J01B5600027 – IBM Maximo Consulting Services

5. Approval – Fiscal Year 2027 Preliminary Operating Budget –

Jeffrey Brown

10 min.

Approval of the Preliminary Operating budget

6. Update – Francis Scott Key Bridge – Update on Cost and Schedule James Harkness

30 min.

Brian Wolfe

7. Approval – Final Fiscal Year 2026-2031 Consolidated Transportation Jennifer Stump

10 min.

Program – Approval of the Six-Year Final Fiscal Year 2026-2031 Capital Budget

8. Update – Traffic and Revenue Forecast Update – A Review of the Walter Laun

10 min.

of the Annual Updates to the Traffic and Revenue Forecasts for All Facilities

9. Approval – Final Fiscal Year 2026-2031 Financial Forecast –

Deborah Sharpless

10 min.

Approval of the Six-Year Financial Forecast

Allen Garman

10. Update – Bi-Annual Review of Revenue Sufficiency – Review Allen Garman

5 min.

of Revenues as Required by the MDTA Board Operating Policy

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