Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) presents the activities of the federal financial assistance programs of the Chesapeake Bay Bridge and Tunnel District (the “District”).
There were no amounts passed to subrecipients for the year ended June 30, 2025.
On November 23, 2021, the District entered into a TIFIA loan agreement under Assistance Listing number 20.223 with the United States Department of Transportation. The outstanding balance of the TIFIA loan was $338,528,672 on June 30, 2025.