Delaware Department of Transportation FY23

… DELAWARE DEPARTMENTOF TRANSPORTATION FINANCIAL STATEMENT AUDIT FISCAL YEAR ENDED JUNE 30, 2023 key information and findings BACKGROUND REPORT SUMMARY fo …

… 0, 2023 key information and findings BACKGROUND REPORT SUMMARY for fiscal year ended june, 30, 2023 de department of transportation This audit contains an unmodified opinion on the financial statements. An unmodified opinion is sometimes referred to …

… e reported under Government Auditing Standards. AOA presents a financial statement audit of the Delaware Department of Transportation for the fiscal year ended June 30, 2023. This engagement was performed in accordance with accordance with 29 Del. C. § …

… tes primarily by using revenues generated by motor fuel taxes, motor fuel documents fees, registration fees, and other transportation-related fees that are imposed and collected by the State. In Fiscal Year 2023, the Department adopted two new account …

… 6 billion over the same period, for an annual increase of approximately $100 million. STATE OF DELAWARE DEPARTMENT OF TRANSPORTATION Financial Statements June 30, 2023 (With Independent Auditors' Report Thereon) State of Delaware Department of Tra …

… ION Financial Statements June 30, 2023 (With Independent Auditors' Report Thereon) State of Delaware Department of Transportation Table of Contents Page Independent Auditors' Report 3 Management's Discussion and Analysis 7 Basic Financial State …

… ng Statement of Revenues, Expenses, and Changes in Net Position 98 Consolidating Statement of Cash Flows 100 Delaware Transportation Authority Transportation Trust Fund - Schedule of Net Position in Accordance with Trust Agreement 102 Schedule of Rev …

… Expenses, and Changes in Net Position 98 Consolidating Statement of Cash Flows 100 Delaware Transportation Authority Transportation Trust Fund - Schedule of Net Position in Accordance with Trust Agreement 102 Schedule of Revenues, Expenses, and Chan …