Virginia Code § 33.2‐3402 requires that NVTC request certain documents and reports from Metro in any year that the WMATA Capital Fund, which provides dedicated funding for Metro, receives revenue. NVTC must certify to the Virginia Comptroller receipt of:

• Metro’s annual capital budget
• Metro’s annual independent financial audit
• Metro’s National Transit Data annual profile
• Single audit reports issued in accordance with the Uniform Administrative Requirements, Cost Principals, and Audit Requirements for Federal Awards (2 C.F.R. Part 200)

NVTC’s annual certification of the receipt of these documents is vital for allowing NVTC’s local funding jurisdictions access to state transit funding. 46.5 percent of the Commonwealth Mass Transit Fund is allocated to NVTC as capital and operating assistance to help its local jurisdictions meet their financial obligations to WMATA. Access to this state assistance is contingent on NVTC providing an annual certification to the Comptroller indicating receipt of these documents.

• Letter from NVTC to the Comptroller certifying receipt of certain documents and reports from WMATA 
• Letter from WMATA conveying certain documents to NVTC

Required Documents

• WMATA Annual Independent Financial Audit
• Single Audit Reports issued in accordance with the Uniform Administrative Requirements, Cost Principals, and Audit Requirements for Federal Awards (2 C.F.R. Part 200)
• WMATA’s National Transit Database Annual Profile FY 2023
• WMATA’s FY 2025 approved capital budget and approved budget book