U.S. Department of Transportation
Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC 20590
202-366-4000
August 2016
Table FE-10
| Item | Highway Account |
Mass Transit Account (2) |
Total | ||||
|---|---|---|---|---|---|---|---|
| I. Opening balance: | |||||||
| A. Investments - U.S. Treasury special certificates of Indebtedness | 7,980,635,371 | 2,715,318,753 | 10,695,954,124 | ||||
| B. Uninvested - held by Bureau of Public Debt | 2,150,051,004 | 266,366,649 | 2,416,417,654 | ||||
| C. Uninvested - held by program agencies | 1,244,890,520 | 489,151,758 | 1,734,042,278 | ||||
| D. Total balance | 11,375,576,895 | 3,470,837,160 | 14,846,414,055 | ||||
| II. Receipts: | |||||||
| A. Gross excise taxes (transferred General Fund receipts) | |||||||
| 1. Gasoline | 21,406,762,770 | 3,965,241,437 | 25,372,004,207 | ||||
| 2. Diesel and special motor fuels | 9,125,729,459 | 1,213,768,654 | 10,339,498,113 | ||||
| 3. Tires | 500,967,520 | 0 | 500,967,520 | ||||
| 4. Trucks and trailers | 4,554,325,116 | 0 | 4,554,325,116 | ||||
| 5. Federal use tax | 1,149,768,117 | 0 | 1,149,768,117 | ||||
| 6. Total excise taxes | 36,737,552,982 | 5,179,010,091 | 41,916,563,073 | ||||
| B. Transfers to other funds | |||||||
| 1. To Land and Water Conservation Fund | 840,000 | 160,000 | 1,000,000 | ||||
| 2. To Sport Fish Restoration and Boating Trust Fund | 396,910,000 | 50,340,000 | 447,250,000 | ||||
| 3. To Airport and Airway Trust Fund & General Fund (aviation kerosene) | 599,543,734 | 79,982,119 | 679,525,853 | ||||
| 4. Total | 997,293,734 | 130,482,119 | 1,127,775,853 | ||||
| C. Net excise taxes | 35,740,259,248 | 5,048,527,972 | 40,788,787,220 | ||||
| D. Interest income | |||||||
| 1. Interest on investments (cash basis) (3) | 1,353,140 | 495,110 | 1,848,251 | ||||
| 2. Interest under Cash Management Improvement Act (net) | 41,811 | 0 | 41,811 | ||||
| 3. Total | 1,394,951 | 495,110 | 1,890,062 | ||||
| E. Other income | |||||||
| 1. Motor carrier safety fines and penalties | 22,555,242 | 0 | 22,555,242 | ||||
| 2. Civil tax penalties related to highway excise taxes | 1,630,707 | 0 | 1,630,707 | ||||
| 3. Transfer from General Fund pursuant to P.L. 112-141 (4) | 6,068,000,000 | 2,000,000,000 | 8,068,000,000 | ||||
| 6. Total | 6,092,185,949 | 2,000,000,000 | 8,092,185,949 | ||||
| F. Total receipts | 41,833,840,148 | 7,049,023,083 | 48,882,863,231 | ||||
| III. Transfers between Highway Trust Fund accounts | |||||||
| A. From Highway Account to Mass Transit Account | (1,246,211,000) | 1,246,211,000 | 0 | ||||
| B. From Mass Transit Account to Highway Account | 28,694,799 | (28,694,799) | 0 | ||||
| C. Total | (1,217,516,201) | 1,217,516,201 | 0 | ||||
| IV. Expenditures: | |||||||
| A.Federal Highway Administration | |||||||
| 1. Federal aid to highways | 41,651,735,848 | 0 | 41,651,735,848 | ||||
| 2. Right-of-way revolving fund | 0 | 0 | 0 | ||||
| 3. Appalachian Development Highway System | 204,799 | 0 | 204,799 | ||||
| 4. Miscellaneous Highway Trust Funds | 6,238,410 | 0 | 6,238,410 | ||||
| 5. Total | 41,658,179,056 | 0 | 41,658,179,056 | ||||
| B. Federal Motor Carrier Safety Administration | 530,768,521 | 0 | 530,768,521 | ||||
| C. Federal Transit Administration | 0 | 8,867,985,448 | 8,867,985,448 | ||||
| D. National Highway Traffic Safety Administration | |||||||
| 1. Highway related safety grants | 0 | 0 | 0 | ||||
| 2. Operations and research | 108,022,185 | 0 | 108,022,185 | ||||
| 3. Highway traffic safety grants | 654,573,449 | 0 | 654,573,449 | ||||
| 4. National driver register | 0 | 0 | 0 | ||||
| 5. Total | 762,595,634 | 0 | 762,595,634 | ||||
| E. Federal Railroad Administration | 0 | 0 | 0 | ||||
| F. Other agencies | 0 | 0 | 0 | ||||
| G. Total expenditures | 42,951,543,212 | 8,867,985,448 | 51,819,528,660 | ||||
| V. Closing Balances in Trust Fund: | |||||||
| A. Investments | |||||||
| U. S. Treasury special certificates of indebtedness | 5,408,941,744 | 2,258,253,853 | 7,667,195,596 | ||||
| B. Undisbursed balances | |||||||
| 1. Uninvested - held by Bureau of Public Debt | 2,381,537,779 | 299,454,632 | 2,680,992,412 | ||||
| 2. Uninvested - held by program agencies | |||||||
| a. Federal aid to highways | 1,043,771,566 | 0 | 1,043,771,566 | ||||
| b. Right-of-way revolving fund | 4,278,780 | 0 | 4,278,780 | ||||
| c. Miscellaneous highway trust funds | 14,938,402 | 0 | 14,938,402 | ||||
| d. Appalachian Development Highway System | 119,890 | 0 | 119,890 | ||||
| e. Federal Motor Carrier Safety Administration | 113,319,908 | 0 | 113,319,908 | ||||
| f. Federal Transit Administration | 0 | 311,682,511 | 311,682,511 | ||||
| g. National Highway Traffic Safety Administration | 73,138,501 | 0 | 73,138,501 | ||||
| h. Federal Railroad Administration | 0 | 0 | 0 | ||||
| i. Other agencies | 311,061 | 0 | 311,061 | ||||
| j. Total | 1,249,878,107 | 311,682,511 | 1,561,560,618 | ||||
| 3. Total uninvested balance | 3,631,415,886 | 611,137,143 | 4,242,553,030 | ||||
| C. Total balance | 9,040,357,630 | 2,869,390,996 | 11,909,748,626 | ||||
(1) The Fund was created June 29, 1956, by the enactment of the Highway Revenue Act of 1956.
(2) The Mass Transit Account was established April 1, 1983, by the Surface Transportation Assistance Act of 1982.
(3) Effective March, 18, 2010, the Highway Trust Fund earns interest on its invested balances.
(4) Transfer of $10.4 billion to the Highway Account and $2.2 billion to the Mass Transit Account, each reduced by 7.2 percent sequester.
