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Ch. 487
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Martin O'Malley, Governor
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J00A01.05 Washington Metropolitan Area
Transit - Capital
Special Fund Appropriation...........................
Federal Fund Appropriation..........................
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63,861,000
16,400,000
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80,261,000
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J00A01.07 Office of Transportation Technology
Services
Special Fund Appropriation...........................
J00A01.08 Major Information Technology
Development Projects
Special Fund Appropriation...........................
SUMMARY
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36,925,578
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637,000
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333,140,058
33,579,140
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Total Special Fund Appropriation..........................................
Total Federal Fund Appropriation..........................................
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366,719,198
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Total Appropriation.............................................................
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DEBT SERVICE REQUIREMENTS
Consolidated Transportation Bonds may be
issued in any amount provided that the
aggregate outstanding and unpaid
balance of these bonds and bonds of prior
issues shall not exceed $1,497,060,000 as
of June 30, 2008. Provided, however, that
debt service will be reduced by any
proceeds generated from bond sale
premiums. To achieve this reduction, the
Maryland Department of Transportation
may either use projected proceeds from
bond sale premiums to reduce the size of
the bond issuance or apply the proceeds
from the premium to debt service for that
bond issuance provided that those
revenues are recognized by the
department and reflected in the
Transportation Trust Fund forecast.
The total aggregate outstanding and unpaid
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- 2865 -
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