ABOUT: The Maryland Transportation Authority
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The Maryland Transportation Authority (MDTA) was established in 1971 by the Maryland General Assembly to finance, construct, operate, and improve the State’s toll facilities, as well as to finance new revenue-producing transportation projects. The MDTA acts on behalf of, but is separate from, the Maryland Department of Transportation (MDOT). The MDTA helps support MDOT’s mission to be a customer-driven leader that delivers safe, sustainable, intelligent, and exceptional transportation. The MDTA’s eight toll facilities — four bridges, two tunnels, and two turnpikes — connect Marylanders and visitors to State and regional opportunities.
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US 50/301
US 301
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TOLL FACILITIES Thomas J. Hatem Memorial Bridge (US 40) John F. Kennedy Memorial Highway (I-95) Fort McHenry Tunnel (I-95, I-395) 1 2 3
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I695
I70
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I95
I895
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MD200
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I495
US 50/301
Baltimore Harbor Tunnel (I-895) Francis Scott Key Bridge (I-695) Intercounty Connector (ICC)/MD 200
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US 301
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William Preston Lane Jr. Memorial (Bay) Bridge (US 50/301) Governor Harry W. Nice Memorial/ Senator Thomas “Mac” Middleton Bridge (US 301)
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MDTA VISION: One team connecting our customers to what matters most. MDTA VALUES: MDTA is ONE TEAM working together to: Appreciate Maryland’s DIVERSITY and bring our services to all communities. Promote INTEGRITY through accountability, transparency, governance and communication. Foster INNOVATION to revolutionize transportation operations. Ensure the SAFETY of our employees, customers, facilities and systems. Provide exceptional CUSTOMER EXPERIENCE . MDTA GOALS AND OBJECTIVES: Prioritize people in all we do. Expand our reputation as a national leader. Demonstrate financially sound and fiscally responsible decision making. Ensure the safety and security of our employees, customers and facilities.
The MDTA is a self-sufficient non-budgeted State agency that traditionally receives no funding from the State’s General Fund or the Transportation Trust Fund. Rather, it is financed by toll revenues, and such revenues are reinvested in the operation and maintenance of the toll facilities. The MDTA’s Trust Agreement between the MDTA and its Trustee is for the benefit of bondholders and outlines how these funds may be used. The MDTA’s finances are accounted for as a proprietary-type enterprise fund using the accrual basis of accounting, similar to a private business entity. More than 80% of the MDTA’s revenues originate from toll revenue and related fees collected at its eight toll facilities. Revenues from all facilities are pooled to fund operations, capital projects, and debt service on revenue bonds issued by the MDTA to help fund its capital program. MDOT MISSION STATEMENT: The Maryland Department of Transportation is a customer-driven leader that delivers safe, sustainable, intelligent, exceptional, and inclusive transportation solutions in order to connect our customers to life’s opportunities. MDTA MISSION: Talented people ensuring Maryland’s iconic bridges, tunnels and roadways are the customer’s trusted and preferred choice for safe mobility, connection, and E-Z passage today and tomorrow.
Environmental, Social, and Governance Report 4
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