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U.S. Department of Energy
Office of Scientific and Technical Information

Financial review: Member jurisdictions of the washington metropolitan area transit authority. Final report

Technical Report ·
OSTI ID:6788982
The report provides a snapshot of the current financial condition of the jurisdictions who contribute funds to the Washington Metropolitan Area Transit Authority (WMATA). The document serves as a good introduction to the factors any jurisdiction has to look at when investing in transportation facilities. After reviewing the funding mechanisms and debt service already being borne by WMATA to set the context, the document examines the financial condition of each of the WMATA major funding contributors in detail. Each jurisdiction's writeup includes its credit rating from Moody's and Standard Poor's, its current mass transit service revenue commitment to the transit system, its economic situation, its current tax base and taxing rate restrictions, the composition of its general fund, its borrowing history (Both in terms of amounts borrowed and from who), and projected expenditures. Although oriented toward large projects, the document can introduce assessment of ability to pay to governments of any size.
Research Organization:
Urban Mass Transportation Administration, Washington, DC (USA)
OSTI ID:
6788982
Report Number(s):
PB-90-206228/XAB
Country of Publication:
United States
Language:
English