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 $93,400,000 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 2018

HPLS-10
Table FE-1

	October 2017	November 2017	December 2017	January 2018	February 2018	March 2018	April 2018	May 2018	June 2018	July 2018	August 2018	September 2018	Fiscal Year to Date	Percent Change from Prior Year
Highway Account
Opening Balance	$41,443,048,874	$37,860,628,725	$37,624,265,284	$37,398,378,132	$36,330,339,516	$37,929,467,306	$38,011,534,859	-	-	-	-	-	$41,443,048,874	-19.4%
Receipts:
Net Tax Receipts	722,682,000	3,429,110,000	3,060,613,000	1,938,610,000	4,231,337,750	2,894,914,000	2,973,367,000	-	-	-	-	-	19,250,633,750	0.8%
Interest Income	33,357,957	32,275,419	34,184,390	41,168,610	36,876,034	48,679,798	51,725,689	-	-	-	-	-	278,267,897	128.8%
Other Receipts 1/	95,566,325	1,951,547	2,082,104	2,174,949	2,128,678	2,031,825	1,972,496	-	-	-	-	-	107,907,924	-8.2%
Total Receipts	851,606,282	3,463,336,965	3,096,879,495	1,981,953,559	4,270,342,462	2,945,625,623	3,027,065,186	-	-	-	-	-	19,636,809,571	1.6%
Transfers:
To Mass Transit Account	400,000,000	-	100,000,000	400,000,000	-	-	300,000,000	-	-	-	-	-	1,200,000,000	54.9%
From Mass Transit Account	-	-	9,825,717	2,322,039	-	-	3,078,925	-	-	-	-	-	15,226,681	23.4%
Outlays	4,034,026,431	3,699,700,407	3,232,592,363	2,652,314,214	2,671,214,672	2,863,558,070	2,520,412,708	-	-	-	-	-	21,673,818,865	-2.9%
Closing Balance	37,860,628,725	37,624,265,284	37,398,378,132	36,330,339,516	37,929,467,306	38,011,534,859	38,221,266,262	-	-	-	-	-	38,221,266,262	-19.8%
Mass Transit Account
Opening Balance	14,850,439,399	14,581,681,673	14,367,259,454	14,250,119,550	14,322,718,040	14,266,693,686	14,078,764,986	-	-	-	-	-	14,850,439,399	-16.5%
Receipts
Net Tax Receipts	99,259,000	517,227,000	461,748,000	292,769,000	616,435,831	439,150,000	450,980,000	-	-	-	-	-	2,877,568,831	1.4%
Interest Income	12,305,149	12,542,682	13,164,429	15,855,023	14,289,098	17,946,054	18,809,657	-	-	-	-	-	104,912,092	135.6%
Other Receipts	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0%
Total Receipts	111,564,149	529,769,682	474,912,429	308,624,023	630,724,928	457,096,054	469,789,657	-	-	-	-	-	2,982,480,922	3.5%
Transfers
To Highway Account	-	-	9,825,717	2,322,039	-	-	3,078,925	-	-	-	-	-	15,226,681.00	23.4%
From Highway Account	400,000,000	-	100,000,000	400,000,000	-	-	300,000,000	-	-	-	-	-	1,200,000,000.00	54.9%
Outlays	780,321,875	744,191,900	682,226,616	633,703,495	686,749,282	645,024,754	715,280,810	-	-	-	-	-	4,887,498,732.06	6.6%
Closing Balance	$14,581,681,673	$14,367,259,454	$14,250,119,550	$14,322,718,040	$14,266,693,686	$14,078,764,986	$14,130,194,908	-	-	-	-	-	14,130,194,907.96	-16.1%

1/ In October, includes a transfer of $100 million (reduced to $93,400,000 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 May 25, 2018