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 2021

HPLS-10
Table FE-1

Highway Account
	October 2020	November 2020	December 2020	January 2021	February 2021	March 2021	April 2021	May 2021	June 2021	July 2021	August 2021	September 2021	Fiscal Year to Date	Percent Change from Prior Year
Opening Balance	$12,621,291,854	$19,655,343,066	$19,177,114,754	$18,278,018,839	$18,456,429,685	$18,245,449,700	$17,667,222,212	$14,716,076,549	$14,629,156,883				$12,621,291,854	-48.8%
Receipts:
Net Tax Receipts	871,386,000	3,547,634,000	3,040,091,000	2,818,492,069	2,840,504,000	2,445,232,000	171,316,320	3,117,031,000	3,145,517,000				21,997,203,388	-2.1%
Interest Income	778,893	1,263,926	1,116,516	1,007,945	483,673	398,857	223,738	76,400	239,605				5,589,552	-96.0%
Other Receipts	10,401,059,649	963,058	1,045,809	91,862,896	959,097	1,156,322	1,105,305	1,143,539	986,015				10,500,281,690	10005.7%
Total Receipts	11,273,224,542	3,549,860,984	3,042,253,325	2,911,362,909	2,841,946,770	2,446,787,178	172,645,363	3,118,250,939	3,146,742,621	-	-	-	32,503,074,630	43.1%
Transfers:
To Mass Transit Account		300,000,000		300,000,000			300,000,000						900,000,000	-25.9%
From Mass Transit Account		7,956,778			20,133,446	50,630,204	9,113,029	17,580,298	5,575,166				110,988,921	109.9%
Outlays	4,239,173,330	3,736,046,074	3,941,349,240	2,432,952,063	3,073,060,200	3,075,644,871	2,832,904,054	3,222,750,903	4,308,809,967				30,862,690,703	-4.3%
Receipts	-	-	-	-	-	-	-	-	-				-	-100.0%
Closing Balance	19,655,343,066	19,177,114,754	18,278,018,839	18,456,429,685	18,245,449,700	17,667,222,212	14,716,076,549	14,629,156,883	13,472,664,702	-	-	-	13,472,664,702	-4.0%
Mass Transit Account
Opening Balance	5,126,028,808	7,982,431,618	8,226,827,412	7,821,417,684	8,064,901,850	7,789,538,909	7,412,309,192	$7,185,886,650	7,045,324,613				5,126,028,808	-37.9%
Receipts
Net Tax Receipts	113,449,000	508,146,000	435,557,000	436,384,458	412,461,000	355,169,000	80,550,238	440,621,000	444,645,000				3,226,982,696	0.4%
Interest Income	358,020	526,713	464,577	429,288	210,365	170,367	95,181	37,038	118,476				2,410,026	-95.2%
Other Receipts	3,200,000,000	-	-	-	-	-	-	-	-				3,200,000,000	0.0%
Total Receipts	3,313,807,020	508,672,713	436,021,577	436,813,746	412,671,365	355,339,367	80,645,419	440,658,038	444,763,476	-	-	-	6,429,392,722	96.9%
Transfers
To Highway Account	-	7,956,778	-	-	20,133,446	50,630,204	9,113,029	17,580,298	5,575,166	-	-	-	110,988,921	109.9%
From Highway Account	-	300,000,000	-	300,000,000	-	-	300,000,000	-	-	-	-	-	900,000,000	-25.9%
Outlays	457,404,211	556,320,141	841,431,305	493,329,581	667,900,860	681,938,880	597,954,931	563,639,777	892,202,918				5,752,122,604	-19.2%
Closing Balance	$7,982,431,618	$8,226,827,412	$7,821,417,684	$8,064,901,850	$7,789,538,909	$7,412,309,192	$7,185,886,650	$7,045,324,613	$6,592,310,005	-	-	-	6,592,310,005	18.4%

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 July 12, 2021