Highway Trust Fund

Status of the Highway Trust Fund

The actual receipts, outlays and balances will be posted each month shortly after month-end as the information becomes available.

Graph | Table

Line chart showing a comparison of the Highway Account Balances for Fiscal Years 2010 through May 2013 (FY 2013). Data is available in Table FE-1 below.

PDF: Highway Account Balance Chart

Status of the Highway Trust Fund - Fiscal Year 2013
HPLS-10	Table FE-1

	October 2012	November 2012	December 2012	January 2013	February 2013	March 2013	April 2013	May 2013	Fiscal Year to Date	Percent Change from Prior Year
Highway Account
Opening Balance	$9,730,745,098	$5,697,093,037	$12,078,908,265	$11,665,786,520	$12,019,585,033	$11,986,626,470	$11,585,551,627	$11,846,532,728	$9,730,745,098	-32.1%
Receipts:
Net Tax Receipts	382,874,000	3,565,234,000	3,097,764,000	2,875,972,000	2,743,611,000	2,019,776,111	2,748,349,000	2,773,589,000	20,207,169,111	-11.0%
Interest Income	535,446	784,027	453,007	425,147	578,044	654,483	441,892	180,726	4,052,772	47.6%
Other Receipts 1/	1,859,597	6,201,229,445	1,701,771	1,495,896	1,179,908	2,174,137	1,443,461	1,620,831	6,212,705,047	7311.4%
Total Receipts	385,269,043	9,767,247,472	3,099,918,778	2,877,893,043	2,745,368,952	2,022,604,731	2,750,234,353	2,775,390,558	26,423,926,930	15.9%
Transfers:
To Mass Transit Account	-	-	40,114,864	-	253,000,000	-	-	-	293,114,864	-57.0%
From Mass Transit Account	-	3,104,198	1,427,098	201,170	2,006,627	5,873,959	11,038,500	3,389,533	27,041,085	216.8%
Outlays	4,418,921,103	3,388,536,442	3,474,352,757	2,524,295,700	2,527,334,142	2,429,553,533	2,500,291,753	3,247,159,106	24,510,444,537	3.4%
Closing Balance	5,697,093,037	12,078,908,265	11,665,786,520	12,019,585,033	11,986,626,470	11,585,551,627	11,846,532,728	11,378,153,712	11,378,153,712	-10.6%
Mass Transit Account
Opening Balance	5,194,284,212	4,714,382,062	4,632,626,728	4,309,031,155	4,170,532,796	4,315,007,569	3,985,657,047	3,683,549,573	5,194,284,212	-29.0%
Receipts
Net Tax Receipts	53,516,000	529,937,000	460,551,000	427,590,000	410,984,000	283,978,158	411,624,000	414,611,000	2,992,791,158	-7.6%
Interest Income	364,453	384,804	153,018	145,291	175,360	196,431	127,049	52,724	1,599,130	18.0%
Other Receipts	-	-	-	-	-	-	-	-	-	0.0%
Total Receipts	53,880,453	530,321,804	460,704,018	427,735,291	411,159,360	284,174,589	411,751,049	414,663,724	2,994,390,288	-7.6%
Transfers
To Highway Account	-	3,104,198	1,427,098	201,170	2,006,627	5,873,959	11,038,500	3,389,533	27,041,085	216.8%
From Highway Account	-	-	40,114,864	-	253,000,000	-	-	-	293,114,864	-57.0%
Outlays	533,782,602	608,972,940	822,987,357	566,032,480	517,677,960	607,651,152	702,820,022	590,644,252	4,950,568,766	-4.7%
Closing Balance	$4,714,382,062	$4,632,626,728	$ 4,309,031,155	$ 4,170,532,796	$ 4,315,007,569	$3,985,657,047	$3,683,549,573	$3,504,179,512	$3,504,179,512	-42.0%

1/ Includes a transfer of $6.2 billion from the General Fund in November pursuant to section 40251 of P.L. 112-141.

PDF: Table FE-1

Should a situation occur where FHWA cannot fully reimburse States, the agency may take some or all of the following actions:

Move from daily to weekly reimbursements
Align reimbursements with Trust Fund deposits (twice monthly)
Make proportional payments to States based on available Trust Fund cash

These are some of the possible actions FHWA might take in the event of a cash shortfall. The specific actions would depend on the exact nature of the shortfall.

To view PDF files, you can use the Acrobat® Reader®.