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Re Statement has been posted on the Internet at our website, www.dart.org, and has been filed with the Municipal Securities Rulemaking Board and is available at www.emma.msrb.org. We intend to update this 2011 Annual Disclosure Statement after the second and third quarters of our fiscal year and to replace it annually. We reserve the right to suspend or stop postings on the Internet and quarterly updates at any time. However, we will always provide the annual and periodic information called for.
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Municipalities FAQ
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The economy also contributed to $342.7 million in transit sales tax revenues from DART's 13 member cities -- a $9.4-million gain over the previous fiscal year. A one-cent sales tax accounts for approximately 80% of DART's annual revenue.
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Daily Average Revenue Trade (DART) is a metric used in the brokerage industry. DART traditionally represented average trades per day that generated commissions or fees.
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Facts about Dallas Area Rapid Transit (DART) Geographic Service Area13 cities, 700 square miles FY 2022 Capital and Non-Operating Budget $841.9 million FY 2022 Employees 3,762 FY 2022 Sales Tax Revenue $610 million FY 2021 Systemwide Ridership (all modes) 36.1 million1 more row
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DART's fiscal year 2021 annual budget is $1,393.3 billion. This consists of an operating budget of $542.3 million, a capital/non-operating budget of $647 million, and $204 million of debt service.
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Member cities fund DART with a 1% sales tax earmarked to the Dallas Metropolitan Transit Authority (the legal name of the DART's tax district).
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Dart Financial Corp. is a bank holding company. The Company, through its banking subsidiaries provides a variety of deposit products, including checking accounts, NOW accounts, certificate of deposit accounts, Individual Retirement Accounts, and savings accounts.
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Dallas Area Rapid Transit's revenue is $79.6 million. Dallas Area Rapid Transit has 2,271 employees, and the revenue per employee ratio is $35,046. Dallas Area Rapid Transit peak revenue was $79.6M in 2023.
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DART's fiscal year 2021 annual budget is $1,393.3 billion. This consists of an operating budget of $542.3 million, a capital/non-operating budget of $647 million, and $204 million of debt service.
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