Recent improved and rigorous mathematical models describing the formation and dissipation of queues at signalized intersections are employed for deriving delay and effective queue size. Analytical and numerical solutions are presented that are applicable for both isolated and coordinated intersections. Comparisons against results obtained from conventional models reveals significant differences. Further, it is demonstrated that the current practice of calculating delays from input-output analysis results in substantial overestimation of delays. Numerical examples supporting this finding are presented.