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

In October, includes a transfer of $100 million (reduced to $93,100,000 by a sequester) to the Highway Account from the Leaking Underground Storage Tank Trust Fund pursuant to section 31203 of P.L. 114-94..

PDF: Highway Account Balance Chart

Status of the Highway Trust Fund - Fiscal Year 2017

HPLS-10
Table FE-1

	October 2016	November 2016	December 2016	January 2017	February 2017	March 2017	April 2017	May 2017	June 2017	July 2017	August 2017	September 2017	Fiscal Year to Date	Percent Change from Prior Year
Highway Account
Opening Balance	$51,435,286,367	$48,182,000,519	$47,611,320,171	$47,071,216,724	$47,077,263,094	$47,777,942,094	$47,583,328,788	$47,677,076,195	$46,677,589,150	$45,047,816,269	$43,591,352,585	$41,008,065,833	$51,435,286,367	469.0%
Receipts:
Net Tax Receipts	789,222,000	3,323,163,000	3,062,806,000	2,815,307,000	3,215,586,820	2,780,203,000	3,106,538,000	2,299,176,224	3,001,054,000	3,165,652,000	2,680,386,496	5,459,410,883	35,698,505,423	-1.0%
Interest Income	9,282,954	10,648,823	13,797,287	19,367,058	17,198,736	24,556,456	26,773,834	29,359,352	30,426,074	34,652,792	34,662,152	30,572,738	281,298,256	205.9%
Other Receipts 1/	105,100,375	1,621,431	2,705,010	1,942,640	2,134,917	2,337,778	1,682,933	2,173,945	1,997,192	1,965,801	2,029,320	2,415,252	128,106,595	-99.8%
Total Receipts	903,605,329	3,335,433,254	3,079,308,296	2,836,616,698	3,234,920,474	2,807,097,233	3,134,994,767	2,330,709,522	3,033,477,266	3,202,270,593	2,717,077,967	5,492,398,874	36,107,910,274	-59.1%
Transfers:
To Mass Transit Account	-	217,500,000	-	357,000,000	-	-	200,000,000	-	-	400,000,000	-	-	1,174,500,000	0.4%
From Mass Transit Account	-	-	2,471,197	542,791	7,211,242	1,805,904	311,410	856,687	4,844,958	19,075,058	14,525,138	-	51,644,385	-34.2%
Outlays	4,156,891,177	3,688,613,603	3,621,882,940	2,474,113,119	2,541,452,716	3,003,516,444	2,841,558,770	3,331,053,254	4,668,095,105	4,277,809,335	5,314,889,858	5,057,415,832	44,977,292,152	0.4%
Closing Balance	48,182,000,519	47,611,320,171	47,071,216,724	47,077,263,094	47,777,942,094	47,583,328,788	47,677,076,195	46,677,589,150	45,047,816,269	43,591,352,585	41,008,065,833	41,443,048,874	41,443,048,874	-19.4%
Mass Transit Account
Opening Balance	17,782,389,509	17,388,225,974	17,378,639,391	17,041,509,850	17,325,448,968	17,181,072,569	16,769,861,639	16,840,310,885	16,401,592,620	15,683,674,438	15,916,614,260	15,463,439,543	17,782,389,509.03	519.7%
Receipts
Net Tax Receipts	104,728,000	490,638,000	452,266,000	415,749,000	512,417,703	406,664,000	454,246,000	369,887,228	445,743,000	470,109,000	406,034,508	757,170,288	5,285,652,726.50	2.4%
Interest Income	3,291,201	3,930,001	5,650,211	7,069,674	6,323,765	8,764,787	9,500,459	10,380,930	10,752,684	12,243,509	12,754,563	11,238,983	101,900,765.97	219.4%
Other Receipts	-	-	-	-	-	-	-	-	-	-	-	-	-	-100.0%
Total Receipts	108,019,201	494,568,001	457,916,211	422,818,674	518,741,468	415,428,787	463,746,459	380,268,158	456,495,684	482,352,509	418,789,070	768,409,271	5,387,553,492.47	-76.9%
Transfers
To Highway Account	-	-	2,471,197	542,791	7,211,242	1,805,904	311,410	856,687	4,844,958	19,075,058	14,525,138	-	51,644,385.00	-34.2%
From Highway Account	-	217,500,000	-	357,000,000	-	-	200,000,000	-	-	400,000,000	-	-	1,174,500,000.00	0.4%
Outlays	502,182,737	721,654,584	792,574,554	495,336,765	655,906,625	824,833,814	592,985,803	818,129,736	1,169,568,908	630,337,628	857,438,650	1,381,409,414	9,442,359,217.58	-0.3%
Closing Balance	$17,388,225,974	$17,378,639,391	$17,041,509,850	$17,325,448,968	$17,181,072,569	$16,769,861,639	$16,840,310,885	$16,401,592,620	$15,683,674,438	$15,916,614,260	$15,463,439,543	$14,850,439,399	14,850,439,398.92	-16.5%

1/ In October, includes a transfer of $100 million (reduced to $93,100,000 by a sequester) to the Highway Account from the Leaking Underground Storage Tank Trust Fund pursuant to section 31203 of P.L. 114-94.

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 October 19, 2017