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 2021
HPLS-10
Table FE-1
| 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 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Highway Account | ||||||||||||||
| 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 | $13,472,664,702 | $11,138,614,203 | $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 | 2,218,374,123 | 3,549,711,000 | 27,765,288,511 | -7.4% | |
| Interest Income | 778,893 | 1,263,926 | 1,116,516 | 1,007,945 | 483,673 | 398,857 | 223,738 | 76,400 | 239,605 | 425,093 | 345,736 | 6,360,380 | -95.5% | |
| 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 | 1,710,938 | 1,096,186 | 10,503,088,814 | 9784.5% | |
| 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 | 2,220,510,154 | 3,551,152,922 | - | 38,274,737,705 | 26.6% |
| Transfers: | ||||||||||||||
| To Mass Transit Account | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | 1,200,000,000 | -25.7% | ||||||||
| From Mass Transit Account | 7,956,778 | 20,133,446 | 50,630,204 | 9,113,029 | 17,580,298 | 5,575,166 | 1,271,266 | 2,430,656 | 114,690,843 | 96.2% | ||||
| 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 | 4,255,831,919 | 4,613,094,770 | 39,731,617,393 | -5.6% | |
| 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 | 11,138,614,203 | 10,079,103,010 | - | 10,079,103,010 | -11.1% |
| 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 | 6,592,310,005 | 6,736,860,343 | 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 | 303,059,263 | 461,071,000 | 3,991,112,959 | -5.7% | |
| Interest Income | 358,020 | 526,713 | 464,577 | 429,288 | 210,365 | 170,367 | 95,181 | 37,038 | 118,476 | 238,394 | 215,332 | 2,863,751 | -94.4% | |
| 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 | 303,297,656 | 461,286,332 | - | 7,193,976,710 | 68.0% |
| Transfers | ||||||||||||||
| To Highway Account | - | 7,956,778 | - | - | 20,133,446 | 50,630,204 | 9,113,029 | 17,580,298 | 5,575,166 | 1,271,266 | 2,430,656 | - | 114,690,843 | 96.2% |
| From Highway Account | - | 300,000,000 | - | 300,000,000 | - | - | 300,000,000 | - | - | 300,000,000 | - | - | 1,200,000,000 | -25.7% |
| 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 | 457,476,053 | 647,242,814 | 6,856,841,471 | -21.2% | |
| 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 | $6,736,860,343 | $6,548,473,204 | - | 6,548,473,204 | 21.6% |
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.
