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

PDF: Highway Account Balance Chart

Status of the Highway Trust Fund - Fiscal Year 2019

HPLS-10
Table FE-1

	October 2018	November 2018	December 2018	January 2019	February 2019	March 2019	April 2019	May 2019	June 2019	July 2019	August 2019	September 2019	Fiscal Year to Date	Percent Change from Prior Year
Highway Account
Opening Balance	$32,605,372,070	$28,988,031,190	$28,799,197,977	$28,914,137,536	$28,726,184,162	$29,153,105,231	$30,023,501,637	$30,136,463,464	-	-	-	-	$32,605,372,070	-21.3%
Receipts:
Net Tax Receipts	690,674,000	3,715,308,000	3,207,236,000	2,895,457,000	3,117,555,000	3,429,814,926	3,048,278,000	2,851,093,805	-	-	-	-	22,955,416,731	3.0%
Interest Income	58,046,699	49,878,918	53,987,910	56,122,400	50,658,143	54,143,184	61,090,707	58,110,575	-	-	-	-	442,038,537	33.5%
Other Receipts	1,821,340	2,052,866	78,867,024	1,586,421	1,547,756	1,865,498	1,380,235	2,303,152	-	-	-	-	91,424,292	-17.0%
Total Receipts	750,542,039	3,767,239,783	3,340,090,934	2,953,165,822	3,169,760,900	3,485,823,608	3,110,748,942	2,911,507,532	-	-	-	-	23,488,879,561	3.3%
Transfers:
To Mass Transit Account	300,000,000	-	-	400,000,000	-	-	300,000,000	-	-	-	-	-	1,000,000,000	-16.7%
From Mass Transit Account	-	9,659,052	-	49,169	1,543,958	2,564,883	24,819,694	-	-	-	-	-	38,636,756	68.5%
Outlays	4,067,882,920	3,965,732,049	3,225,151,375	2,741,168,365	2,744,383,789	2,617,992,086	2,722,606,809	3,889,142,642	-	-	-	-	25,974,060,033	2.4%
Closing Balance	28,988,031,190	28,799,197,977	28,914,137,536	28,726,184,162	29,153,105,231	30,023,501,637	30,136,463,464	29,158,828,354	-	-	-	-	29,158,828,354	-22.5%
Mass Transit Account
Opening Balance	11,902,062,262	11,644,051,059	11,448,065,377	11,299,748,223	11,430,040,542	10,966,114,118	10,811,627,425	10,940,312,724	-	-	-	-	11,902,062,262	-19.9%
Receipts
Net Tax Receipts	93,447,000	543,697,000	469,456,000	423,853,000	459,841,000	456,986,872	449,816,000	381,724,640	-	-	-	-	3,278,821,512	-1.6%
Interest Income	21,938,702	20,097,239	21,451,513	22,184,791	18,897,425	19,835,525	21,259,740	20,324,437	-	-	-	-	165,989,372	33.8%
Other Receipts	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0%
Total Receipts	115,385,702	563,794,239	490,907,513	446,037,791	478,738,425	476,822,396	471,075,740	402,049,077	-	-	-	-	3,444,810,884	-0.3%
Transfers
To Highway Account	-	9,659,052	-	49,169	1,543,958	2,564,883	24,819,694	-	-	-	-	-	38,636,756.00	68.5%
From Highway Account	300,000,000	-	-	400,000,000	-	-	300,000,000	-	-	-	-	-	1,000,000,000.00	-16.7%
Outlays	673,396,906	750,120,869	639,224,666	715,696,303	941,120,892	628,744,206	617,570,747	744,346,010	-	-	-	-	5,710,220,599.05	-1.6%
Closing Balance	$11,644,051,059	$11,448,065,377	$11,299,748,223	$11,430,040,542	$10,966,114,118	$10,811,627,425	$10,940,312,724	$10,598,015,791	-	-	-	-	10,598,015,790.79	-22.5%

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.

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Page last modified on June 20, 2019