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Highway Statistics 2003 OHPI > Highway Statistics > 2003 > Hwy Finance > Table FE-10

STATUS OF THE HIGHWAY TRUST FUND 1/

FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2003

SEPTEMBER 2004Table FE-10
ITEMHIGHWAY ACCOUNTMASS TRANSIT ACCOUNT 2/TOTAL
I.Opening balance:
A.Investments - U.S. Treasury special certificates of Indebtedness13,051,156,000.00 5,788,971,000.00 18,840,127,000.00
B.Uninvested - held by Bureau of Public Debt1,810,782,426.97 300,757,190.98 2,111,539,617.95
C.Uninvested - held by program agencies 1,274,475,524.15 6,868,319.83 1,281,343,843.98
D.Total balance 16,136,413,951.12 6,096,596,510.81 22,233,010,461.93
II.Receipts:
A.Excise taxes (transferred General Fund receipts)
1.Gasoline17,565,086,000.00 3,253,637,000.00 20,818,723,000.00
2.Gasohol2,034,708,000.00 705,956,000.00 2,740,664,000.00
3.Diesel and special motor fuels7,531,281,000.00 1,005,549,000.00 8,536,830,000.00
4.Tires403,039,000.000.00 403,039,000.00
5.Trucks and trailers1,709,666,000.000.001,709,666,000.00
6.Federal use tax940,434,000.00 0.00 940,434,000.00
7.Total excise taxes30,184,214,000.00 4,965,142,000.00 35,149,356,000.00
B.Deduct - reimbursement to General Fund receipts(refunds and tax credits)
1.Diesel powered vehicle rebate0.00 0.00 0.00
2.Diesel fuel used in buses30,430,000.00 0.00 30,430,000.00
3.Diesel fuel-other550,075,000.00 92,353,000.00 642,428,000.00
4.Gasohol17,448,000.00 0.00 17,448,000.00
5.Gasoline used to make gasohol22,309,000.00 0.00 22,309,000.00
6.Gasoline-other256,909,000.00 61,638,000.00 318,547,000.00
7.Special fuel766,000.00  766,000.00
8Total877,937,000.00 153,991,000.00 1,031,928,000.00
C.Transfers
1.To Land and Water Conservation Fund844,000.00 156,000.00 1,000,000.00
2.To Aquatic Resources Trust Fund255,040,000.00 34,642,000.00 289,682,000.00
3.To General Fund104,387,000.00 14,185,000.00 118,572,000.00
4.Total360,271,000.00 48,983,000.00 409,254,000.00
D.Net excise taxes28,946,006,000.00 4,762,168,000.00 33,708,174,000.00
E.Other income 3/
1.Motor carrier safety fines and penalties15,682,616.58 0.00 15,682,616.58
2.Interest under Cash Management Improvement Act (net)2,311,764.00 (2,801.00)2,308,963.00
3IMTP Revenue0.00 112,008.00 112,008.00
4Total17,994,380.58 109,207.00 18,103,587.58
F.Total receipts28,964,000,380.58 4,762,277,207.00 33,726,277,587.58
III.Expenditures:
A.Federal Highway Administration
1.Federal aid to highways30,167,811,427.97 0.00 30,167,811,427.97
2.Right-of-way revolving fund40,372.78 0.00 40,372.78
3.Other346,661,398.81 0.00 346,661,398.81
4.Total30,514,513,199.56 0.00 30,514,513,199.56
B.Federal Motor Carrier Safety Administration265,419,188.61 0.00265,419,188.61
C.Federal Transit Administration1,067,400,401.85 6,035,424,558.36 7,102,824,960.21
D.National Highway Traffic Safety Administration
1.Highway related safety grants13,418.67 0.00 13,418.67
2.Operations and research 49,013,444.31 0.00
3.Highway traffic safety grants210,469,296.98 0.00 210,469,296.98
4.National driver register2,059,014.03 0.00 2,059,014.03
5.Total261,555,173.99 0.00 261,555,173.99
E.Federal Railroad Administration0.000.000.00
F.Other agencies142,615.01 0.00 142,615.01
G.Total expenditures32,109,030,579.02 6,035,424,558.36 38,144,455,137.38
IV.Balances in Trust Fund:
A.Investments
U. S. Treasury special certificates of indebtedness9,127,002,000.00 4,450,563,000.00 13,577,565,000.00
B.Undisbursed balances
1.Uninvested - held by Bureau of Public Debt2,223,302,707.55 317,906,889.98 2,541,209,597.53
2.Uninvested - held by program agencies
a. Federal aid to highways879,617,435.46 0.00 879,617,435.46
b. Right-of-way revolving fund33,787,443.89 0.00 33,787,443.89
c. Miscellaneous highway trust funds297,462,069.06 0.00 297,462,069.06
d. Appalachian Development Highway System22,987,825.62 0.00 22,987,825.62
e. Federal Motor Carrier Safety Administration205,870,742.91 0.00 205,870,742.91
f. Federal Transit Administration0.00 54,979,269.47 54,979,269.47
g. National Highway Traffic Safety Administration196,284,258.79 0.00 196,284,258.79
h. Federal Railroad Administration312,151.02 0.00 312,151.02
i. Other agencies4,757,118.58 0.00 4,757,118.58
j. Total1,641,079,045.33 54,979,269.47 1,696,058,314.80
3.Total uninvested balance3,864,381,752.88 372,886,159.45 4,237,267,912.33
D.Total balance$12,991,383,752.88 4,823,449,159.45 17,814,832,912.33

1/ The Fund was created June 29, 1956, by the enactment of the Highway Revenue Act of 1956.

2/ The Mass Transit Account was established April 1, 1983, by the Surface Transportation Assistance Act of 1982.

3/ The Highway Trust Fund ceased earning interest effective October 1, 1998, per section 9004(a) of TEA-21.


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