J00J00 – Maryland Transportation Authority
Exhibit 4 Maryland Transportation Authority Uses of Funding Fiscal 2026 ($ in Millions)
Debt Service $144.5 9%
Capital Program $1,058.9 64%
Law Enforcement Personnel $136.0 8%
Other Operating $314.6 19%
Source: Governor’s Fiscal 2026 Budget Books; Maryland Transportation Authority
Revenues and Debt Affordability
Toll Revenues
Toll revenues are the primary revenue source for MDTA. As shown in Exhibit 5 , toll revenues increased slightly, by $9.3 million, or 1.1%, to $848.5 million in fiscal 2024, which was the third straight fiscal year that toll revenues exceeded $800 million following significant decreases to toll revenue in fiscal 2020 and 2021 caused by impacts of the COVID-19 pandemic on traffic patterns. However, the agency estimates that toll revenues will decrease by $100.1 million (11.8%) in fiscal 2025 due in part to the closure of the Francis Scott Key Bridge, which impacted only a portion of fiscal 2024. Toll revenues are estimated to once again increase in fiscal 2026, by $9.1 million (1.2%), but will remain significantly below fiscal 2024 revenues. Additional discussion of the impacts of the collapse of the Francis Scott Key Bridge can be found in Issue 2 of this analysis.
Analysis of the FY 2026 Maryland Executive Budget, 2025 9
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