State Auditor Report

11660 Compilation 20210802V.cvw

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Mentions of “SUBSIDIES” — 5 found on pages 15, 19, 23, 62

… in operating activities (111,750,338) (107,482,568) Cash flows from noncapital financing activities Federal operating subsidies 67,428,936 6,194,460 Pass-through grant revenue 5,284,722 4,318,296 Pass-through grant payments (9,130,013) (10,382, …

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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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… poration Notes to Financial Statements June 30, 2021 and 2020 (11) Economic Dependency DTC's revenue from operating subsidies from State entities was approximately 45% and 64% of total revenue for the Fiscal Years Ended June 30, 2021 and 2020, …

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… d 64% of total revenue for the Fiscal Years Ended June 30, 2021 and 2020, respectively. DTC's revenue from operating subsidies from federal entities was approximately 33% and 16% of total revenue for the Fiscal Years Ended June 30, 2021 and 2020 …

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Referenced entities

Vendors named in this document

103 mentions Pages: 1 2 3 4 5 6 7 8
29 mentions Pages: 12 19 26 35 36 37 41 42
18 mentions Pages: 2 7 10 20 33 57 76 77
17 mentions Pages: 7 8 9 10 14 15 19 22
4 mentions Pages: 4 6 86 87
4 mentions Pages: 62 63
3 mentions Pages: 53 57 60
2 mentions Pages: 24 25

Vendor names in text

A financial statement audit of the Delaware Transit CorporationApple IncCliftonLarsonAllen LLPCoca-Cola CompanyCondensed Financial Information - Delaware Transit CorporationDeere and CompanyDelaware Transit CorporationIn 1994, the General Assembly created the Delaware Transit CorporationIn June 2010, the Delaware Transit CorporationInsurance CorporationIntermediate IG CorpInvestments are administered by Wilmington Trust CompanyLaw Chapter 435, Delaware Transit CorporationOld Line FDG LLCThe audited financial statements of the Delaware Transit Corporation

Programs

Loss Under Self- Insured Retention ProgramState Deferred Compensation Program

Statutes cited

2 Del. C. § 132329 Del. C. § 290629 Del.C. §2716(a)