MEMORANDUM
TO:
MDTA Board
FROM:
Assistant Capital Program Manager, Jennifer Stump
SUBJECT:
Draft Fiscal Year (FY) 2026-2031 Consolidated Transportation Program (CTP)
DATE:
June 26, 2025
PURPOSE OF MEMORANDUM The purpose of this presentation is to seek your approval of the proposed Draft Fiscal Year (FY) 2026-2031 Consolidated Transportation Program (CTP). The Draft CTP was recommended for approval by the Capital Committee on June 5, 2025, and by the Finance and Administration Committee on June 12, 2025. SUMMARY The six-year FY 2026-2031 budget in the proposed CTP is $5.1 billion. The proposed CTP reflects a net increase in the six-year FY 2026-2031 budget of $144.8 million (Attachment #1 – Line 7). The net FY 2026-2031 increase is the result of the following: • Increase in the six-year CTP budget by $112.0 million for the Francis Scott Key Bridge (FSK) (Attachment #1 – Line 1). The budget reflects the original cost estimate that was prepared for the FSK Bridge Rebuild within two weeks of the bridge collapse. The cost estimate will be updated prior to the next MDTA bond sale. • Decrease in the six-year CTP budget by $9.4 million for the Nice/Middleton Bridge (Attachment #1 – Line 2). • Decrease in the six-year CTP budget by $12.2 million for the I-95 ETL Northern Extension (Attachment #1 – Line 3). • Increase in the six-year CTP budget by $109.9 million for all projects except Key Bridge, Nice/Middleton Bridge, I-95 ETL Northern Extension, and Reserves (Attachment #1 – Line 4). • Decrease in the Allocated and Unallocated Reserves by $55.4 million (Attachment #1 – Line 5).
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