MDTA Board Meeting Materials

J00J00 – Maryland Transportation Authority

Appendix 2 MDTA Financial Forecast January 2025

2024

2025

2026

2027

2028

2029

2030

Revenues

Toll Revenues

$848.5

$748.4

$757.5

$766.1

$782.0 $808.9

$824.8

Concessions

4.5

4.5

4.5

4.5

4.5

4.5

4.5

Investment Income and Other

45.5

22.1

16.6

12.8

12.8

12.8

12.8

MDOT Loan Repayment - Interest

0.2

0.2

0.2

0.2

0.2

0.1

0.1

MAA/MPA Police

Reimbursement (1)

37.1

40.8

40.9

42.6

44.3

46.0

47.9

Total Revenues

$936.0

$816.1

$819.7

$826.2

$843.8

$872.3

$890.0

Expenses

Operations

$404.8

$434.1

$450.0

$460.4

$478.8

$497.9

$517.9

Debt Service

142.9 407.4

144.5 765.5

144.5

177.3

219.1 989.2

240.8 761.3

256.5 430.3

Capital Program

1,058.9

1,143.6

Total Expenses

$955.1 $1,344.1 $1,653.3 $1,781.3 $1,687.2 $1,500.0 $1,204.7

Capital Funding Sources/(Uses) and Intergovernmental Revenue Bond Proceeds $0.0 $0.0 $570.9

$725.3

$376.8

$265.9

$93.9

Surety Policy Expenses

-1.2

0.0

-1.0

-1.3

-0.7

-0.5

-0.2

MDOT Loan

Repayment – Principal

1.5 0.0

1.5 0.0

1.5 5.0

1.5

1.6

1.6 0.0

1.6 0.0

I-895 Federal Grant I-95 Interchange

25.0

50.0

Partner Contribution

3.7

11.8

0.0

0.0

0.0

0.0

0.0

I-695 Key Bridge

Property Insurance

0.0

350.0

0.0

0.0

0.0

0.0

0.0

I-695 Key Bridge Federal Grant

0.0

60.0

0.0

204.6

415.7

360.6

219.3

Accounting

Reconciliation

21.6

0.0

0.0

0.0

0.0

0.0

0.0

Total Sources/(Uses)

$25.6

$423.3

$576.4

$955.2

$843.4

$627.7

$314.6

Annual Cash

Requirements (2)

$929.5

$920.7 $1,076.9

$826.2

$843.8

$872.3

$890.0

Annual Cash

Surplus/(Deficit) Total MDTA Cash Balance

$6.4 -$104.7 -$257.1

$0.0

$0.0

$0.0

$0.0

$794.9

$690.2

$433.1

$433.1

$433.1

$433.1

$433.1

Analysis of the FY 2026 Maryland Executive Budget, 2025 31

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