United States Department of Transportation - Federal Highway Administration FHWA HomeFeedback
Highway Statistics 2004 OHPI > Highway Statistics > 2004 > Hwy Finance > Table SB-1

STATE OBLIGATIONS FOR HIGHWAYS - 2004

OBLIGATIONS ISSUED OR ASSUMED DURING YEAR 1/

NOVEMBER 2005(THOUSANDS OF DOLLARS)Table SB-1
STATEOBLIGATIONSDATEDPAR VALUE 2/PREMIUM OR DISCOUNTACCRUED INTEREST 3/GROSS PROCEEDSPOSTED INTEREST RATE 4/SOURCE OF FUNDS FOR DEBT SERVICE 5/
ORIGINAL ISSUESREFUNDING ISSUESTOTAL PAR VALUE
ArizonaHighway Revenue Bonds - Series 2003A10-1-03142,0900142,0908,807948151,8453.5-5.25Highway-User Revenue
Grant Anticipation Notes ( GARVEE ) - Series 2003A7-1-03124,93224,023148,95510,162720159,8372.5-6.0Federal-aid Funds 6/
Highway Revenue Refunding Bonds - Series 2004A3-1-040108,470108,47011,673523120,6662.0-5.0Highway-User Revenue
Grant Anticipation Notes ( GARVEE ) - Series 2004A5-1-0451,000051,0001,00515052,1553.0-4.875Federal-aid Funds 6/
TOTAL 318,022132,493450,51531,6472,341484,503  
CaliforniaGrant Anticipation Bonds ( GARVEE ) - Series 2004A3-10-04614,8500614,85058,3662,849676,065variousHighway-User Revenues and Federal-aid Funds 6/
ColoradoRevenue Anticipation Bonds (GARVEE) - Series 2004A4-1-04134,6400134,64013,9020148,5425.0Highway-User Revenue and Sales Tax 6/
Revenue Anticipation Refunding Bonds (GARVEE) - Series 2004B4-1-041,505278,715280,22031,4220311,642variousHighway-User Revenue and Sales Tax 6/
TOTAL 136,145278,715414,86045,3240460,184  
ConnecticutTransportation Infrastructure Refunding Bonds - Series 2003A7-1-030338,610338,61017,096799356,5052.0-5.0Highway-User Revenue*
Transportation Infrastructure Bonds - Series 2003 B11-15-03200,0000200,0008,355583208,9382.0-5.0Highway-User Revenue*
TOTAL 200,000338,610538,61025,4511,382565,443  
DelawareDelaware River and Bay Authority Refunding Revenue Bonds - Series 20049-1-04053,67053,6704,966058,6364.6-5.0Tolls
FloridaMid-Bay Bridge Authority Revenue Refunding Bonds - Series 2004A10-1-043,27618,42421,700(3,099)018,6013.84Tolls
Mid-Bay Bridge Authority Revenue Bonds - Series 2004B10-1-0411,525011,5250011,5253.28Tolls
Florida Turnpike Revenue Bonds - Series 2003C7-1-04200,9250200,9255,0821,241207,2482.375-5.0Tolls
Florida Turnpike Revenue Bonds - Series 2003B7-1-04296,3007,645303,94517,7971,799323,5413.25-5.25Tolls
Right of Way Acquisition and Bridge Bonds - Series 2003A9-15-03300,0000300,00010,0771,506311,5834.623Motor Fuel Tax*
TOTAL 812,02626,069838,09529,8574,546872,498  
GeorgiaGeorgia Transportation Guaranteed Revenue Bonds - Series 200310-1-03309,1400309,1408801,192311,2122.25-5.0Highway-User Revenue 6/
Georgia Transportation Revenue Bonds - Series 2003D12-1-0365,000065,00002365,0232.0-5.25Highway-User Revenue
Georgia Transportation Revenue Bonds - Series 2003B7-1-0335,000035,00006135,0612.0-5.0Highway-User Revenue
TOTAL 409,1400409,1408801,276411,296  
HawaiiGeneral Obligation Bonds - Series DC9-16-032,86702,867002,8673.0General Revenue*
General Obligation Bonds - Series DB9-16-031,0336,0777,110007,1102.8-5.25General Revenue*
TOTAL 3,9006,0779,977009,977  
IllinoisTransportation Bonds-Highway Share - Series A10-30-03226,9250226,9253,0750230,0002.5-525Highway-User Revenue
Transportation Bonds-Highway Share - Series A3-18-04155,0000155,00011,5290166,5295.0Highway-User Revenue
Transportation Refunding Bonds-Highway Share - Series A3-18-040150,690150,6902,8940153,5843.0-5.5Highway-User Revenue
TOTAL 381,925150,690532,61517,4980550,113  
IndianaHighway Revenue Bonds - Series 2004A6-1-04320,5500320,5509930321,5434.625-5.25Highway-User Revenue
Highway Revenue Refunding Bonds - Series 2004B7-14-040147,345147,34516,5010163,8465.5-5.75Highway-User Revenue
Highway Revenue Refunding Bonds - Series 2004C7-14-040146,080146,08016,4110162,4914.25-5.5Highway-User Revenue
TOTAL 320,550293,425613,97533,9050647,880  
KansasHighway Revenue Refunding Bonds - Series 2004A6-9-04250,0000250,0009,4470259,4474.5-5.5Highway-User Revenue
Highway Revenue Bonds - Series 2004B11-11-04200,0000200,00000200,000variableHighway-User Revenue
Highway Revenue Bonds - Series 2004C11-15-04147,0000147,00000147,000variableHighway-User Revenue
Kansas Turnpike Authority Revenue Bonds - Series 2004A9-1-0451,335051,3350051,3352.0-5.5Tolls
TOTAL 648,3350648,3359,4470657,782  
KentuckyKentucky Tpk Authority Economic Development Revenue Refunding Bonds - Series 2004A7-1-04016,18016,1800016,1804.0-5.0Highway -User Revenue
MaineHighway and Bridge Bonds - Series 2004NA13,000013,0000013,0004.0Highway-User Revenue*
Maine Turnpike Authority Revenue Bonds - Series 20047-1-0440,47074,580115,05000115,0503.0-5.25Tolls
TOTAL 53,47074,580128,05000128,050  
MarylandConsolidated Transportation Bonds - Series 20045-1-04241,3760241,3769,2490250,6255.0Motor Fuel and Trans. Trust Fund Revenues
Consolidated Transportation Refunding Bonds - Series 20045-1-04034,54234,54214,96911649,6275.0Motor Fuel and Trans. Trust Fund Revenues
TOTAL 241,37634,542275,91824,218116300,252  
MassachusettsHighway Improvement Loan Acts of 1983 thru 19948-1-037,14007,140007,1404.0-5.0Highway-User Revenue*
Highway Improvement Loan Acts of 19993-4-0410,588010,5880010,5885.0Highway-User Revenue*
Highway Improvement Loan Act of 20001-1-04138,6670138,66716,6740155,3414.0-5.0Highway-User Revenue*
TOTAL 156,3950156,39516,6740173,069  
MichiganState Trunkline Fund Bonds - Series 20048-1-04185,7100185,71015,5350201,2453.0-5.25Highway-User Revenue
State Trunkline Fund Refunding Bonds - Series 20044-1-040103,450103,4509,7350113,1852.0-5.25Highway-User Revenue
TOTAL 185,710103,450289,16025,2700314,430  
MinnesotaTransportation Bonds, Laws of 1992 thru 20038-1-03166,8480166,84812,3880179,2364.0-5.0General Fund
MissouriState Road Bonds - Series 2003A11-12-03254,0000254,0009,5420263,5422.0-5.0Highway-User Revenue
New HampshireHighway General Obligation bonds- SeriesNA5,28105,281005,281variousHighway-user Revenue*
New JerseyTransportation Trust Fund - Series C1-30-03924,8100924,81070,3490995,1592.25-5.5Highway-User Revenue
South Jersey Transportation Authority System Revenue Bonds - Series 2004A11-1-0422,235022,235(145)022,0902.25-5.15Tolls and Parking Fees
New Jersey Turnpike Authority Turnpike Revenue Bonds - Series 2004A, B and C1-1-05404,030138,370542,40000542,4003.15 - 5.5Tolls
TOTAL 1,351,075138,3701,489,44570,20401,559,649  
New MexicoState Transportation Bonds (GARVEE) - Series 2004A5-1-04700,0000700,00043,5570743,5573.8-5.25Highway-User Revenue 6/
State Transportation Bonds (GARVEE) - Series 2004 B & C5-1-0456,115381,835437,95016,3470454,2972.0-5.0Highway-User Revenue 6/
TOTAL 756,115381,8351,137,95059,90401,197,854  
New YorkHighway and Bridge Trust Fund Bonds - Series 2004A3-24-04328,5650328,56531,7190360,2842.0-5.25Highway-User Revenue*
Highway and Bridge Trust Fund Bonds - Series 2004B7-28-04406,9150406,91519,3870426,3022.0-6.0Highway-User Revenue*
State Personal Income Tax Revenue Bonds - Series 2004A10-14-04352,3000352,30021,1930373,4932.0-5.25Personal Income Tax
TOTAL 1,087,78001,087,78072,29901,160,079  
North CarolinaState Highway Bonds - Series 2003N/A400,0000400,00015,776478416,254N/AHighway-User Revenue
OhioHighway Capital Improvement Bonds - Series H3-4-04160,0000160,00013,5700173,5702.96Motor-Fuel Tax
Ohio Infrastructure Bank Bonds (GARVEE) - Series 2003-11-6-04113,7650113,7656,2350120,0002.71Motor-Fuel Tax 6/
TOTAL 273,7650273,76519,8050293,570  
OklahomaHighway Revenue Bonds (GARVEE) - Series 2004A2-24-0447,575047,5752,609050,1841.0-5.0Federal-aid Funds 6/
PennsylvaniaPennsylvania Tpk Comm Oil Company Franchise Tax Revenue Bds - Series 2003 A, B & C8-1-03142,460340,225482,6856500483,3352.5-5.5Oil Company Tax
Rhode IslandState Transportation Bonds - Series 2004 A2-6-0430,900030,9000030,9002.0-5.0Motor Fuel Tax*
State Transportation Bonds - Series 1998 D2-6-047000700007003.9Motor Fuel Tax*
State Transportation Bonds - Series 2000 C2-6-041,29501,295001,2953.9Motor Fuel Tax*
State Transportation Refunding Bonds - Series 2004 B2-6-04021,58521,5850021,5851.0-5.0Motor Fuel Tax*
Rhode Island Turnpike and Bridge Authority Refunding Revenue Bonds - Series 2003A7-31-03035,76535,7650035,7651.15-5.23Tolls
TOTAL 32,89557,35090,2450090,245  
South CarolinaState Highway Bonds - Series 200312-1-032,20002,200642,2103.72Motor Fuel Tax*
UtahGeneral Obligation Refunding Bonds - Series 2001B6-1-040208,000208,0001,712806210,5183.0-5.25Highway-User Revenue*
General Obligation Refunding Bonds - Series 2003A6-1-040128,700128,7008,611137137,4483.0-5.25Highway-User Revenue*
General Obligation Refunding Bonds - Series 2002A6-1-040253,100253,10011,032513264,6453.0-5.25Highway-User Revenue*
General Obligation Refunding Bonds - Series 2004A6-1-040314,775314,77514,2080328,9833.0-5.25Highway-User Revenue*
TOTAL 0904,575904,57535,5631,456941,594  
VermontGeneral Obligation Refunding Bonds - Series 2004A2-11-0405,8715,871005,8711.0-4.0Highway-User Revenue*
General Obligation Refunding Bonds - Series 2004B2-15-043,00003,00012603,1262.0-4.5Highway-User Revenue*
TOTAL 3,0005,8718,87112608,997  
VirginiaChesapeake Bay Bridge and Tunnel District - 2004A General Resolution Refunding Bonds5-13-2004076,65076,6500076,6503.501Tolls
WashingtonMV Fuel Tax General Obligation Bonds - Series R-2004B8-6-0395,000095,0003,410098,4104.0-5.0Motor-Fuel Tax*
MV Fuel Tax General Obligation Bonds - Series R-2004B8-6-0315,000015,000538015,5384.0-5.0Motor-Fuel Tax *
MV Fuel Tax General Obligation Bonds - Series R-2004B8-6-0310,000010,000359010,3594.0-5.0Motor-Fuel Tax *
MV Fuel Tax General Obligation Bonds - Series R-2004B8-6-0380,000080,0002,873082,8732.0-5.0Motor-Fuel Tax *
MV Fuel Tax General Obligation Bonds - Series R-2004C Tacoma Narrows Bridge8-6-03110,0020110,002(1,738)0108,2642.0-5.0Motor-Fuel Tax and Tolls *
MV Fuel Tax General Obligation Bonds - Series R-2004B10-23-031906,0756,26531506,5802.0-5.0Motor-Fuel Tax *
MV Fuel Tax General Obligation Bonds - Series R-2003E10-23-031,29040,69041,9802,106044,0862.0-5.0Motor-Fuel Tax *
MV Fuel Tax General Obligation Bonds - Series R-2004B10-23-032708,5308,80044309,2432.0-5.0Motor-Fuel Tax *
MV Fuel Tax General Obligation Bonds - Series R-2004D2-19-043,60003,60025103,8513.0-5.0Motor-Fuel Tax*
MV Fuel Tax General Obligation Bonds - Series R-2004D3-9-04155,4305,44532105,7662.0-4.5Motor-Fuel Tax *
MV Fuel Tax General Obligation Bonds - Series R-2004D Ferries3-9-0432010,76011,080708011,7882.0-4.5Motor- Fuel Tax and Tolls*
MV Fuel Tax General Obligation Bonds - Series R-2004D Ferries3-9-0468022,95023,6301,509025,1392.0-4.5Motor -Fuel Tax and Tolls*
MV Fuel Tax General Obligation Bonds - Series R-2004D3-9-041,07036,16037,2302,378039,6082.0-4.5Motor-Fuel Tax*
MV Fuel Tax General Obligation Bonds - Series R-2004D Ferries3-9-041,17028,89030,0601,643031,7032.0-4.5Motor Fuel Tax and Tolls*
MV Fuel Tax General Obligation Bonds - Series R-2004D3-9-041,42034,76536,1851,966038,1512.0-4.5Motor Fuel Tax *
MV Fuel Tax General Obligation Bonds - Series R-2004D3-9-041904,6804,87026605,1362.0-4.5Motor Fuel Tax*
MV Fuel Tax General Obligation Bonds - Series R-2004D3-9-04751,9602,03511102,1462.0-4.5Motor Fuel Tax*
MV Fuel Tax General Obligation Bonds - Series R-2004D3-9-042355,7055,94032406,2642.0-4.5Motor Fuel Tax*
MV Fuel Tax General Obligation Bonds - Series 2004E2-19-0433,000033,000106033,1063.0-5.0Motor Fuel Tax*
MV Fuel Tax General Obligation Bonds - Series 2004E2-19-048500850308533.0-5.0Motor Fuel Tax*
MV Fuel Tax General Obligation Bonds - Series 2004E2-19-0425,000025,00079025,0793.0-5.0Motor Fuel Tax*
MV Fuel Tax General Obligation Bonds - Series 2004F Tacoma Narrows Bridge2-19-0489,982089,982(515)089,4670.00Motor Fuel Tax and Tolls*
TOTAL 469,359206,595675,95417,4560693,410  
WisconsinTransportation Revenue Bonds - Series 2003A11-6-03250,0000250,00015,865804266,6692.5-5.25Motor Vehicle Revenues
GRAND TOTAL  9,724,1973,619,97213,344,169655,69615,25214,015,117  

1/ This table is one of a series giving available information concerning State and quasi-State obligations incurred for highway purposes. Table SB-2 contains data on changes in indebtedness. Table SB-3 contains receipts and disbursements for debt service. Tables SB-2T and SB-3T are subsets of Tables SB-2 and SB-3, showing data for individual State toll facilities. Tables SB-2L and SB-3L are also subsets of Tables SB-2 and SB-3, showing data for State obligations for local roads. When bonds were issued for multiple purposes, their par value is assigned to State highways, local roads and streets, and nonhighway purposes on the basis of the initial distribution of net bond proceeds. The nonhighway portion is excluded from these tables. Also omitted are obligations with terms of less than 2 years; however, interest payments for short-term obligations are included in Table SB-3. This table is compiled from reports of State authorities.

2/ A portion of proceeds from refunding bonds may be expended for current debt service. That portion is included with original issues.

3/ Payment by bond purchaser for interest accrued from date of issue to date of sale.

4/ "Posted rate" is declared rate printed on bonds. N/A indicates data not available.

5/ When an asterisk appears in this column, the bonds are understood to be secured by the full faith and credit of the State, in addition to the specific revenues dedicated by law to debt service.

6/ Certain Federal Funds are used to payoff bonds.


This table is also available for download in the following formats:

To view PDF files, you need the Acrobat® Reader®.

OHPI Home | Highway Statistics 2004 | Data Feedback


FHWA Home | Feedback
FHWA