U.S. Department of Transportation
Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC 20590
202-366-4000
Highway Trust Fund
Highway Trust Fund
The Federal Highway Administration (FHWA) has notified State departments of transportation that HTF balances may dip below the threshold of $1 billion. If this occurs, FHWA will need to implement cash management procedures to limit timely reimbursements under the Federal-Aid Highway Program.
Additional information on HTF cash management procedures.
The actual receipts, outlays and balances will be posted each month shortly after month-end as the information becomes available.
PDF: Highway Account Balance Chart
Status of the Highway Trust Fund - Fiscal Year 2022
HPLS-10
Table FE-1
| October 2021 |
November 2021 |
December 2021 |
January 2022 |
February 2022 |
March 2022 |
April 2022 |
May 2022 |
June 2022 |
July 2022 |
August 2022 |
September 2022 |
Fiscal Year to Date |
Percent Change from Prior Year |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Highway Account | ||||||||||||||
| Opening Balance | $14,264,103,331 | $11,234,937,383 | $14,264,103,331 | 13.0% | ||||||||||
| Receipts: | ||||||||||||||
| Net Tax Receipts | 796,877,000 | 3,798,384,000 | 4,595,261,000 | 4.0% | ||||||||||
| Interest Income | 350,002 | 523,783 | 873,785 | -57.2% | ||||||||||
| Other Receipts | 1,288,386 | 1,298,414 | 2,586,800 | -100.0% | ||||||||||
| Total Receipts | 798,515,388 | 3,800,206,197 | - | - | - | - | - | - | - | - | - | - | 4,598,721,585 | -69.0% |
| Transfers: | ||||||||||||||
| To Mass Transit Account | 300,000,000 | 300,000,000 | 0.0% | |||||||||||
| From Mass Transit Account | 2,110,210 | 2,110,210 | -73.5% | |||||||||||
| Outlays | 3,448,070,967 | 4,035,675,592 | 7,483,746,559 | -6.2% | ||||||||||
| Receipts | (379,610,369) | 379,610,369 | - | - | - | - | - | - | - | - | - | - | - | 0.0% |
| Closing Balance | 11,234,937,383 | 11,081,188,567 | - | - | - | - | - | - | - | - | - | - | 11,081,188,567 | -42.2% |
| Mass Transit Account | ||||||||||||||
| Opening Balance | 6,878,390,356 | 6,541,551,876 | 6,878,390,356 | 34.2% | ||||||||||
| Receipts | ||||||||||||||
| Net Tax Receipts | 103,739,000 | 544,092,000 | 647,831,000 | 4.2% | ||||||||||
| Interest Income | 226,443 | 375,051 | 601,494 | -32.0% | ||||||||||
| Other Receipts | - | - | -100.0% | |||||||||||
| Total Receipts | 103,965,443 | 544,467,051 | - | - | - | - | - | - | - | - | - | - | 648,432,494 | -83.0% |
| Transfers | ||||||||||||||
| To Highway Account | - | 2,110,210 | - | - | - | - | - | - | - | - | - | - | 2,110,210 | -73.5% |
| From Highway Account | - | 300,000,000 | - | - | - | - | - | - | - | - | - | - | 300,000,000 | 0.0% |
| Outlays | 440,803,923 | 434,043,481 | 874,847,404 | -13.7% | ||||||||||
| Closing Balance | $6,541,551,876 | $6,949,865,236 | - | - | - | - | - | - | - | - | - | - | 6,949,865,236 | -15.5% |
PDF: Table FE-1
To provide transparency regarding a potential HTF shortfall, the FHWA has prepared informational materials that are posted below. This includes a memorandum on Procedures for Reimbursement during a Highway Trust Fund Cash Shortfall that outlines cash management procedures such as frequency of reimbursements; how available cash would be allocated for reimbursements among States; and the process for reimbursements. In addition, there is a detailed Frequently Asked Questions document.
