Maryland Transportation Authority

The Maryland Transportation Authority (MdTA) is an independent state agency responsible for financing, constructing, operating, and maintaining eight toll facilities, currently consisting of two toll roads, two tunnels, and four bridges in Maryland. It also provides the Maryland Department of Transportation with "conduit" financing for other revenue producing transportation projects.

Agency structure

The MdTA was established in 1971 to take over functions previously performed by the former State Roads Commission. Financially independent from Maryland's general fund and transportation trust fund, the Authority operates as a purely enterprise agency, providing services on a user charge basis similar to the operation of a commercial enterprise. Its capital projects and operations are funded by tolls, concessions, investment income, and revenue bonds.

In addition to its own toll facilities, the Authority finances construction of other revenue-producing transportation facilities for the Maryland Department of Transportation (MDOT). These projects have included improvements at the Port of Baltimore and the Baltimore-Washington International Airport. To provide construction funding, the Authority issues revenue bonds, which will be paid off over a period of years by tolls and other user fees generated by the facilities.

MDTA

The initials MDTA may refer to: