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Results Chart for Delivery Method and Financing
From Public (Government) Sources to Producers: The sponsors for the project are the Maryland State Highway Administration and the Maryland Transportation Authority. Both entities are receiving funding from both federal and state sources.
Direct Cash Support: Direct Federal funding: $19 million from “Special Federal Funds” (National Corridor Planning and Border Infrastructure Program funding, SAFETEA-LU National Corridor Improvement Program, and high priority project funding). Direct State funding: $180 million from the State of Maryland Transportation Trust Fund (motor fuel tax receipts, motor vehicle excise taxes, motor vehicle fees, corporate income taxes, operating revenues) and $265 million from the State of Maryland General Fund.
Credit Enhancements: Federal Credit Enhancements: GARVEE bonds for $750 million (backed by future Federal aid receipts) and additional funds from GARVEE sale for $17 million. State Credit Enhancements: Maryland Transportation Authority Toll Revenue bonds for $716 million (backed by future system toll revenue), and a TIFIA loan for $516 million (backed by future toll revenue). The sponsors are also anticipating $103 million in future funding from various sources.