This ARCHIVE contains information provided for historical purposes only. Each document contained in this portion of the MTA website is marked with a Dated Date and speaks only as of that Dated Date. Readers are cautioned not to assume that any information has been updated beyond the Dated Date unless a document expressly states that it constitutes an update of a specific portion of a document. MTA, its affiliates and subsidiaries expressly disclaim any duty to provide an update of any document contained in this section.
Disclosure Filings and Financial Reports
Annual Combined Continuing Disclosure Filings
- Part I – MTA Annual Disclosure Statement (The Related Entities), dated April 30, 2018
- Part II - MTA and TBTA All Debt Outstanding as of April 30, 2018
- Appendix A
Redirect to Part I – MTA Annual Disclosure Statement - Appendix B
Audited Consolidated Financial Statements of Metropolitan Transportation Authority for the Years Ended December 31, 2017 and 2016 - Appendix C
Audited Consolidated Financial Statements of the New York City Transit Authority for the Years Ended December 31, 2017 and 2016 - Appendix D
Audited Financial Statements of Triborough Bridge and Tunnel Authority for the Years Ended December 31, 2017 and 2016 - Appendix E
History and Projection of Traffic, Toll Revenues and Expenses and Review of Physical Conditions of the Facilities of Triborough Bridge and Tunnel Authority, dated April 30, 2018 prepared by Stantec Consulting Services – New York - Annual Compliance Certification in connection with Climate Bonds Initiative Annual Reporting
MTA’s Climate Bond Certified Green Bonds, as of April 30, 2018
Quarterly Updates to Annual Disclosure Statement
- Supplement to the 2018 MTA Annual Disclosure Statement, dated April 9, 2019
- MTA 2018 Annual Disclosure Statement Third Quarterly Update, dated March 5, 2019
- Supplement to the 2018 MTA Annual Disclosure Statement, dated January 31, 2019.
- Supplement to the 2018 MTA Annual Disclosure Statement, dated January 25, 2019.
- MTA Annual Disclosure Statement 2018 Second Quarterly Update, dated December 4, 2018
- MTA Annual Disclosure Statement 2018 First Quarterly Update, dated August 2, 2018
- Supplement to the 2018 MTA Combined Continuing Disclosure Filings, Part II, dated June 28, 2018
- Supplement to the 2018 MTA Annual Disclosure Statement, dated June 1, 2018
Comprehensive Annual Financial Report
State of New York Annual Audited Financial Statements
Official Statements and Remarketing Circulars
Transportation Revenue Bonds
- Subseries 2002G-1f and 2005D-1, Remarketing Circular
Metropolitan Transportation Authority Transportation Revenue Variable Rate Bonds (LIBOR Floating Rate Tender Notes), dated October 24, 2018 - Series 2018C, Offering Memorandum
Metropolitan Transportation Authority Transportation Revenue Bond Anticipation Notes, dated October 3, 2018 - Subseries 2015E-3 and 2015E-4, Remarketing Circular
Metropolitan Transportation Authority Transportation Revenue Variable Rate Bonds, dated August 28, 2018, as supplemented September 4, 2018 - Subseries 2005E-1 and 2005E-3, Remarketing Circular
Metropolitan Transportation Authority Transportation Revenue Variable Rate Bonds, dated August 14, 2018, as supplemented August 20, 2018 - Series 2018B (Climate Bond Certified), Official Statement
Metropolitan Transportation Authority Transportation Revenue Refunding Green Bonds, dated August 17, 2018 - Series 2018B, Offering Memorandum
Metropolitan Transportation Authority Transportation Revenue Bond Anticipation Notes, dated June 15, 2018 - Subseries 2002D-2b, Remarketing Circular
Metropolitan Transportation Authority Transportation Revenue Variable Rate Refunding Bonds (LIBOR Floating Rate Tender Notes), dated March 20, 2018 - Series 2018A, Official Statement
Metropolitan Transportation Authority Transportation Revenue Bonds (Mandatory Tender Bonds), dated January 18, 2018 - Series 2018A, Offering Memorandum
Metropolitan Transportation Authority Transportation Revenue Bond Anticipation Notes, dated January 17, 2018
Triborough Bridge and Tunnel Authority General Revenue Bonds
- Series 2018E, Official Statement
TBTA (MTA Bridges and Tunnels) General Revenue Variable Rate Refunding Bonds, dated December 6, 2018, as supplemented December 10, 2018 - Subseries 2005B-4c, Remarketing Circular
TBTA (MTA Bridges and Tunnels) General Revenue Variable Rate Refunding Bonds, dated November 20, 2018, as supplemented November 28, 2018 - Series 2002F, Remarketing Circular
TBTA (MTA Bridges and Tunnels) General Revenue Variable Rate Refunding Bonds, dated October 24, 2018 - Series 2018D, Official Statement
TBTA (MTA Bridges and Tunnels) General Revenue Variable Rate Bonds (SOFR Tender Notes), dated September 21, 2018, as supplemented October 2, 2018 - Series 2001B, Remarketing Circular
TBTA (MTA Bridges and Tunnels) General Revenue Variable Rate Bonds (SOFR Tender Notes), dated September 20, 2018 - Series 2018C, Official Statement
TBTA (MTA Bridges and Tunnels) General Revenue Refunding Bonds, dated August 23, 2018 - Series 2018B, Official Statement
TBTA (MTA Bridges and Tunnels) General Revenue Refunding Bonds, dated August 8, 2018 - Subseries 2005B-3, Remarketing Circular
TBTA (MTA Bridges and Tunnels) General Revenue Variable Rate Refunding Bonds, dated June 21, 2018 - Series 2001C, Remarketing Circular
TBTA (MTA Bridges and Tunnels) General Revenue Variable Rate Bonds, dated June 21, 2018 - Series 2018A, Official Statement
TBTA (MTA Bridges and Tunnels) General Revenue Bonds, dated January 25, 2018, as supplemented February 1, 2018 - Subseries 2005B-2, Remarketing Circular
TBTA (MTA Bridges and Tunnels) General Revenue Variable Rate Refunding Bonds, dated January 18, as supplemented January 19, 2018 - Subseries 2003B-1, Remarketing Circular
TBTA (MTA Bridges and Tunnels) General Revenue Variable Rate Bonds, dated January 17, 2018, as supplemented January 19, 2018
Triborough Bridge and Tunnel Authority Subordinate Revenue Bonds
None at this time
Dedicated Tax Fund Revenue Bonds
None at this time
Material Event Notices
Bond Calls/Redemption Notices/Defeasance
- TBTA Subordinate Subseries 2013D-2a and 2013D-2b (Federally Taxable)
Notice of Redemption on December 12, 2018 for certain TBTA Subordinate Revenue bonds, dated November 21, 2018 - TBTA Series 2009A-2
Notice of Defeasance and Refunding and Designation of Certain Bonds for Prior Redemption, dated August 30, 2018 - TBTA Subordinate Series 2008D
Notice of Defeasance and Refunding and Designation of Certain Bonds for Prior Redemption, dated August 30, 2018 - TBTA Series 2008C
Notice of Defeasance and Refunding and Designation of Certain Bonds for Prior Redemption, dated August 30, 2018 - TRB Series 2008C
Notice of Defeasance and Refunding and Designation of Certain Bonds for Prior Redemption, dated August 23, 2018 - TRB Series 2015E
Notice of Redemption of certain Transportation Revenue Variable Rate Bonds, Series 2015E, dated August 3, 2018 - DTF Subseries 2008B-3a
Notice of Redemption of Dedicated Tax Fund Refunding Bonds, Subseries 2008B-3a (SIFMA Floating Rate Tender Notes), dated July 24, 2018
Letter of Credit (LOC) Substitutions
- TBTA Series 2002F
Notice of Substitution of Credit Facility with new Irrevocable Direct Pay LOC by Citibank, N.A., dated October 30, 2018 - TRB Subseries 2015E-3
Notice of Substitution of Credit Facility with new Irrevocable Direct Pay LOC by Bank of America, NA, dated September 5, 2018 - TRB Subseries 2015E-4_2015E-5
Notice of Substitution of Credit Facility with new Irrevocable Direct Pay LOC by PNC Bank, NA (subseries consolidated into one 2015E-4), dated September 5, 2018 - TRB Subseries 2005E-1
Notice of Substitution of Credit Facility with new Irrevocable Direct Pay LOC by PNC Bank, NA, dated August 22, 2018 - TRB Subseries 2005E-3
Notice of Substitution of Credit Facility with new Irrevocable Direct Pay LOC by PNC Bank, NA, dated August 22, 2018 - TBTA Subseries 2005B-3
Notice of Substitution of Credit Facility with new Irrevocable Direct Pay LOC by State Street Bank and Trust Company, dated June 27, 2018 - TBTA Series 2001C
Notice of Substitution of Credit Facility with new Irrevocable Direct Pay LOC by State Street Bank and Trust Company, dated June 27, 2018 - TBTA Subseries 2005B-2
Notice of Substitution of Credit Facility with new Irrevocable Direct Pay LOC by Citibank, N.A., dated January 24, 2018 - TBTA Subseries 2003B-1 and 2003B-3
Notice of Substitution of Credit Facilities with new Irrevocable Direct Pay LOC by Bank of America, N.A (subseries consolidated into one 2003B-1), dated January 24, 2018
Mandatory Tender Notices
- TBTA Subseries 2005B-4c and 2005B-4d
Notice of Mandatory Tender and Intent to Change Mode (CUSIPs 89602NYU2 and 89602N4N1), on November 28, 2018 - TBTA Series 2002F
Notice of Mandatory Tender and Substitution of Alternate Credit Facility (CUSIP 89602NCG7), on October 30, 2018 - TRB Subseries 2002G-1f
Notice of Mandatory Tender (CUSIP 59259YJ59), on October 30, 2018 - TRB Subseries 2005D-1
Notice of Mandatory Tender and Mode Change (CUSIP 59259YAG4), on October 30, 2018 - TBTA Series 2001B
Notice of Mandatory Tender for TBTA Series 2001B (CUSIP 89602NSP0), on September 26, 2018 - TRB Subseries 2015E-3
Notice of Mandatory Tender, Substitution of Alternate Credit Facility and Intention to Change Mode for TRB Subseries 2015E-3 (CUSIP 59259Y7C7), on September 5, 2018 - TRB Subseries 2015E-4 2015E-5
Notice of Mandatory Tender and Substitution of Alternate Credit Facility (CUSIPs 59259Y7E3 and 59259Y7M5), on September 5, 2018 - TRB Subseries 2015E-2
Notice of Mandatory Tender (CUSIP 59259Y7B9), on September 5, 2018 - TRB Subseries 2005E-1
Notice of Mandatory Tender, Substitution of Alternate Credit Facility and Intention to Change Mode for TRB Subseries 2005E-1 (CUSIP 59259YTZ2), on August 22, 2018 - TRB Subseries 2005E-3
Notice of Mandatory Tender and Substitution of Alternate Credit Facility for TRB Subseries 2005E-3 (CUSIP 59259YUB3), on August 22, 2018 - TBTA Subseries 2005B-3
Notice of Mandatory Tender, Substitution of Alternate Credit Facility, and Intention to Change Mode for TBTA Subseries 2005B-3 (CUSIP 89602NGX6), on June 27, 2018. - TBTA Series 2001C
Notice of Mandatory Tender, Substitution of Alternate Credit Facility, and Intention to Change Mode for TBTA Series 2001C (CUSIP 89602NSQ8), on June 27, 2018. - TRB Subseries 2002D-2b
Notice of Mandatory Tender for TRB Subseries 2002D-2b (Floating Rate Tender Notes) (CUSIP 59259YX79), on March 29, 2018 - TBTA Subseries 2003B-1 and 2003B-3
Notice of Mandatory Tender, Substitution of Alternate Credit Facility, and Intention to Change Mode for TBTA Subseries 2003B-1 (CUSIP 89602NWU4) and 2003B-3 (CUSIP 89602NWW0), on January 24, 2018 - TBTA Subseries 2005B-2
Notice of Mandatory Tender Notice of Mandatory Tender and Substitution of an Alternate Credit Facility for TBTA Subseries 2005B-2 (CUSIP 89602N2B9), on January 24, 2018
Ratings Actions
On December 13, 2018, Moody’s Investors Service revised the outlook to negative from stable, while affirming the A1 rating on MTA’s Transportation Revenue Bonds
On August 9, 2018, S&P Global Ratings downgraded MTA's Enhanced TRB Subseries 2005D-1, 2005D-2, and 2015E-2 to 'AA' as result of its downgrade of MTA’s Transportation Revenue Bonds on the same day
On August 9, 2018, S&P Global Ratings downgraded MTA’s Transportation Revenue Bonds from ‘A+’ to ‘A’ with a negative outlook, using its Mass Transit Enterprise Ratings criteria, and downgraded MTA’s Transportation Revenue Bond Anticipation Notes from ‘SP-1+’ to ‘SP-1’ at the same time.
On June 22, 2018, Fitch upgraded long term and short term ratings on MTA's VRDBs supported by Letters of Credit from Bank of America N.A. as result of its 6/21/18 upgrade of Bank of America Corporation on June 21, 2018.
- TBTA Subordinate Subseries 2013D-2a and 2013D-2b long term ratings were upgraded to "AA+" and short term ratings to "F1+"
- TRB Subseries 2005E-2 short term rating was upgraded to "F1+"
- TBTA Subseries 2003B-1 short term rating was upgraded to "F1+"
On March 12, 2018 S&P downgraded MTA's Enhanced TRB Subseries 2002G-1g, 2012G-2, 2015E-1 and 2015E-5 to 'AA+' as result of its downgrade of MTA’s Transportation Revenue Bonds on the same day
On March 12, 2018, S&P Global Ratings downgraded MTA’s Transportation Revenue Bonds from ‘AA-’ to ‘A+’ with a negative outlook, using its Mass Transit Enterprise Ratings criteria
On Feb 22, 2018, Fitch Ratings downgraded the long term ratings on MTA's Enhanced TRB Subseries 2015E-1 and 2015E-5 to 'AA+' as result of its 2/21/18 downgrade of US Bank to ‘AA-’
Voluntary Disclosure Notices
- TRB Subseries 2005E-2 and 2005E-3, COD Amendment
Voluntary Notice of Amendment to Certificate of Determination for TRB Subseries 2005E-2 and 2005E-3 - TRB Subseries 2002G-1g LOC Extension
Notice of LOC Extension (CUSIP 59259Y7Q6) with TD Bank, N.A., dated October 12, 2018 - TRB Subseries 2012G-2 LOC Extension
Notice of LOC Extension (CUSIP 59259Y7S2) with TD Bank, N.A., dated October 12, 2018 - DTF Subseries 2002B-1 Remarketing Agent Change
Notice of Remarketing Agent Resignation and Substitution with US Bank Municipal Products Group, (CUSIP 59259N2Z5), dated August 29, 2018 - TRB Subseries 2015E-1 LOC Extension
Notice of LOC Extension (CUSIP 59259Y7K9) with US Bank, NA, dated August 21, 2018
Voluntary Private Placement Disclosure: On September 5, 2018, MTA’s TRB Subseries 2015E-2 bonds were remarketed via a private placement. The next Mandatory Purchase Date for the TRB Subseries 2015E-2 is September 5, 2023. The bonds have a new CUSIP, 59261AXA0. For details and more information see under Financing Agreements. (404)
Voluntary Bank Loan Disclosure: On August 14, 2018, MTA amended its taxable Revolving Credit Agreement with JPMorgan Chase Bank, National Association, increasing it to $700 million. The Agreement is active until August 24, 2022. For more information see under Financing Agreements. (404)