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Financial Statements and Annual Reports

Annual Comprehensive Financial Report:

In fiscal year 2013, MDTA began publishing its Annual Comprehensive Financial Report (ACFR), which is formerly known as the Comprehensive Annual Financial Report. Although the annual financial statements provided all required financial information in accordance with Government Accounting Standards, the ACFR provides additional information about MDTA. Commencing in 2017, the MDTA no longer published separate Financial Statements.

2024 Annual Comprehensive Financial Report:

MDTA Annual Comprehensive Financial Report 2024

 

Financial Statements:

The MDTA's financial statements are subjected to an annual audit by independent external auditors. The financial statements are prepared in accordance with Government Accounting Standards and include basic financial statements, financial statement footnotes, required supplemental information (management discussion & analysis), and additional supplemental information (facility specific financial information, investments, capital investments).

MDTA Financial Statements and Supplemental Exhibits:

1971 - 2016 Archive:

State Roads Commission of Maryland Financial Statements and Supplemental Exhibits

1940 - 1970 Archive:

2023 Year in Review Infographic

2023 Year In Review

 

The MDTA issues an Annual Report at the beginning of each calendar year for the preceding year. The Annual Report provides stakeholders with an overview of who we are and what we do to Create EZ Passage Throughout Maryland. The Annual Report provides financial information for the past fiscal year, as well as highlights current and recent projects and initiatives.

The MDTA issues an Annual Report at the beginning of each calendar year for the preceding year. The Annual Report provides stakeholders with an overview of who we are and what we do to Create EZ Passage Throughout Maryland. The Annual Report provides financial information for the past fiscal year, as well as highlights current and recent projects and initiatives.

Annual Reports:

Legislative Audits

The Office of Legislative Audits (OLA) is a division of the Department of Legislative Services. In accordance with state law the MDTA is audited by OLA at least once every three years.


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Public Calendar

Dec 04

Finance and Administration Committee Meeting - December 4, 2025

9 AM

Livestream

This public meeting is livestreamed and archived on the Finance and Administration Committee Meeting Homepage. The Finance and Administration Committee Meeting homepage also provides access to the virtual meeting, schedule, agenda, materials and minutes.

Dec 04

Test 11 25

3 PM

Point Breeze

Following unanimous approval from the Board of Public Works, the Maryland Transit Administration (MTA) will begin construction to expand and modernize the MARC train storage facilities at the Martin Maintenance Yard in Baltimore County. Expanding storage capacity at the rail yard is a key component to delivering more frequent service that better serve existing, changing and new travel markets as outlined in the MARC Growth and Transformation Plan.

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The project scope includes increased storage capacity for MARC Trains at the Martin Maintenance Yard (located near Martin State Airport), new tracks with catenary electrification, crossover tracks, a new inspection pit, and equipment that includes water hydrants, air piping extensions and light fixtures to support train car maintenance. The $35 million investment in improvements and increased capacity for the Martin Maintenance Yard is set to begin later this fall, with completion slated for summer 2027. It is supported by a discretionary grant from the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvements Program.

Dec 18

MDTA Board Meeting - December 18, 2025

9 AM

Livestream

This public meeting is livestreamed and archived on the MDTA Board Meeting Homepage. The MDTA Board Meeting homepage also provides access to the meeting schedule, materials, agenda and minutes.