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					                             MARYLAND DEPARTMENT OF TRANSPORTATION
                              Summary of Revenues, Expenditures and Fund Balance
                                         For the Period FY 2009 - 2015
                                                    (Dollars in Millions)



DECEMBER 2009 FORECAST
                                       Base       Current     Budget                   Planning Years                Total
                                       2009        2010        2011         2012       2013      2014     2015       10-15
FUND BALANCE:
 Opening                                   53         245          100        100        100       100      100        245
 Closing                                  245         100          100        100        100       100      100        100

RECEIPTS:
 Change in Fund Balance                  (192)        145            0          0           0        0        0         145
 Total Revenues (Schedule A)            2,203       2,132        2,241      2,372       2,520    2,664    2,740      14,669
 Transfers to/from MdTA                   (30)        (30)           0          0           0        0        0         (30)
 Bond Sales                               403         165          205        360         280      160      195       1,365

    Total Sources of Funds              2,384       2,412        2,446      2,732       2,800    2,824    2,935      16,149

EXPENDITURES:
 Debt Service Payments                    142         151          164        193         210      241      268       1,227
 Operating Expenses (Schedule B)        1,527       1,546        1,591      1,664       1,730    1,797    1,860      10,188
 Available for Capital Expenditures       715         715          691        875         860      786      807       4,734

    Total Uses of Funds                 2,384       2,412        2,446      2,732       2,800    2,824    2,935      16,149

CAPITAL PROGRAM:
 Total CTP (State, Federal, Other)      1,491       1,777        1,616      1,614       1,491    1,329    1,279       9,106
 Other Funds                              149         225          206        195         181      152      100       1,059
 Federal Aid Available                    627         836          721        545         451      390      372       3,315
 Target CTP (State Only)                  715         716          689        874         859      787      807       4,732
 Available for Capital vs Target CTP
   Annual Difference                          0         (1)           2            1       1        (1)          0
   Cumulative Difference                      0         (1)           1            2       3         2           2

COVERAGE RATIOS:
Total Bonds Outstanding                 1,583       1,670        1,792      2,049       2,219    2,244    2,279
Bond Coverage - Pledged Taxes             6.3         5.8          5.2        4.7         4.8      5.0      5.3
Bond Coverage - Net Income                3.1         2.7          2.2        2.2         2.3      2.5      2.7
                                   MARYLAND DEPARTMENT OF TRANSPORTATION
                                             Summary of Revenues and Receipts

(Dollars in Millions)                                                                                            Schedule A


                                                                                                                  Total
Fiscal Years                                       2009    2010     2011     2012     2013     2014     2015      10-15

Motor Fuel Taxes                                     736     740      751      763      774      786      798      4,612
Titling Taxes                                        514     514      552      653      741      800      834      4,094
General Sales Tax                                    202     196      204      216      229      293      303      1,441
Rental Vehicle Sales Tax                              22      22       24       25       26       27       28        152
Corporate Income Tax                                 151     137      143      147      162      172      182        943
Registration Fees                                    355     357      374      370      386      383      396      2,266
Miscellaneous Motor Vehicle Fees                     185     180      203      214      224      231      235      1,287
   Total Taxes and Fees                            2,165   2,146    2,251    2,388    2,542    2,692    2,776     14,795

Deductions:
  To Other Agencies                                   44      53       52       53       54       56       57        325
  MDOT Program & Fees                      (a)       387     379      423      470      513      598      619      3,002
  MVA Cost Recovery                        (b)       177     174      175      185      195      201      204      1,134
Net Highway User Revenues                          1,557   1,540    1,601    1,680    1,780    1,837    1,896     10,334
  30% To Local Governments                           467     462      480      479      508      523      540      2,992
  70% To the Department                    (c)     1,090   1,078    1,121    1,201    1,272    1,314    1,356      7,342

   Subtotal to the Department            (a+b+c)   1,654   1,631    1,719    1,856    1,980    2,113    2,179     11,478

Maryland Port Administration                          94      94       95       93       96       99      102        579
Maryland Transit Administration                      117     118      124      127      135      141      146        791
Maryland Aviation Administration                     182     185      195      199      204      208      212      1,203
 Total Operating Revenues                            393     397      414      419      435      448      460      2,573

Investment Income                                      4       4        4        4        4        4        4          24
Federal Operating Assistance                          94      88       90       85       85       85       85         518
Miscellaneous Revenue                                 27      19       25       20       30       29       28         151
Reimbursements                                        31      14       11       11       11       11       11          69
Reserve for Changes in Revenue Sources                 0     (21)     (22)     (23)     (25)     (26)     (27)       (144)

   Total Revenues                                  2,203   2,132    2,241    2,372    2,520    2,664    2,740     14,669
                        MARYLAND DEPARTMENT OF TRANSPORTATION
                                   Summary of Operating Expenditures

                                                                                                  Schedule B
                                                                                                   Total
Fiscal Years                       2009     2010     2011     2012     2013     2014     2015      10-15

The Secretary's Office                 68      73       74       76       77       79       83         462
Washington Metro Area Transit         210     216      224      233      242      252      262       1,429
State Highway Administration          241     211      221      230      239      248      257       1,406
Maryland Port Administration           98     101       92       94       97      100      103         587
Motor Vehicle Administration          148     149      164      173      181      189      195       1,051
Maryland Transit Administration       592     607      617      646      677      707      732       3,986
Maryland Aviation Administration      170     174      175      183      188      193      199       1,112
Allowance - Modal Contingencies         0      15       24       17       17       17       17         107
         - COLA & STEP Increases        0       0        0       12       12       12       12          48

 Total Operating Expenditures       1,527    1,546    1,591    1,664    1,730    1,797    1,860    10,188

				
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