MEMORANDUM
TO:
MDTA Board
FROM: SUBJECT:
Director of Finance Chantelle Green Bi-annual Review of Revenue Sufficiency
DATE:
June 26, 2025
PURPOSE OF MEMORANDUM To provide a bi-annual review of revenue sufficiency for the Fiscal Year (FY) 2026-2031 financial forecast period. SUMMARY The MDTA Board Operating Policy requires a bi-annual review of revenue sufficiency to determine if current rate and fee levels are appropriate based on levels of expected spending. The most recent financial forecast shows that current toll rates, fees, and discounts provide enough revenue through FY 2027 to meet forecasted spending and meet all legal and policy The Board Operating Policy requires that the Executive Director or designee perform a bi-annual review of the adequacy of forecasted revenue as a function of forecasted traffic volumes, projected operating and capital budgets, and debt service obligations. Per the policy, the revenue review should include toll rates, service and administrative fees, and frequency of use and commuter discount programs. The results must be reported to the Board at a public meeting. This bi-annual test was last completed in November 2024. If approved, the June 2025 financial forecast shows that the MDTA will meet all financial goals and legal requirements through FY 2027. The table below shows the results for the FY 2026- 2031 timeframe. requirements. ANALYSIS
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