State Auditor Report

11660 Compilation 20200802V.cvw

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Mentions of “SUBSIDIES” — 5 found on pages 14, 16, 19, 54

… in operating activities (107,482,568) (104,081,504) Cash flows from noncapital financing activities Federal operating subsidies 6,194,460 6,313,677 Pass-through grant revenue 4,318,296 2,195,033 Pass-through grant payments (10,382,203) (5,738,6 …

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… corporation of the Delaware Transportation Authority (the Authority). The Authority provides significant operational subsidies to DTC annually. DTC is authorized to operate the public transportation system within the State of Delaware (State). …

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… Revenues from DART cards are recognized at the point of sale. DTC defines nonoperating revenues as federal operating subsidies, pass-through grant revenues, investment income, capital contributions, and transfers from DelDOT. All other revenue …

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… related to this lease of $373,981 and $469,715, respectively. (10) Economic Dependency DTC's revenue from operating subsidies from State entities was approximately 64% and 71% of total revenue for the Fiscal Years Ended June 30, 2020 and 2019, …

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… d 71% of total revenue for the Fiscal Years Ended June 30, 2020 and 2019, respectively. DTC's revenue from operating subsidies from Federal entities was approximately 16% and 4% of total revenue for the Fiscal Years Ended June 30, 2020 and 2019, …

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Referenced entities

Vendors named in this document

80 mentions Pages: 1 2 3 4 5 6 7 8
28 mentions Pages: 11 16 21 31 32 33 37 38
15 mentions Pages: 6 8 9 13 14 16 18 19
14 mentions Pages: 6 9 29 53 67 68 69 70
4 mentions Pages: 54 55
2 mentions Pages: 20 21
2 mentions Pages: 5 74
2 mentions Pages: 49 53

Vendor names in text

Apple IncCliftonLarsonAllen LLPCoca-Cola CompanyCondensed Financial Information - Delaware Transit CorporationDTC administers the Delaware Transit CorporationDeere and CompanyDelaware Transit CorporationFederal Deposit Insurance CorporationIn June 2010, the Delaware Transit CorporationIntermediate IG CorpInvestments are administered by Wilmington Trust CompanyLaw Chapter 435, Delaware Transit Corporation

Programs

Loss Under Self- Insured Retention ProgramState Deferred Compensation Program

Statutes cited

29 Del.C. §2716(a)