U.S. Department of Transportation
Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC 20590
202-366-4000
June 2017
Table FE-10
| Item | Highway Account |
Mass Transit Account 2/ |
Total | ||||
|---|---|---|---|---|---|---|---|
| I. | Opening balance: | ||||||
| A. | Investments - U.S. Treasury special certificates of indebtedness | 5,408,941,744 | 2,258,253,853 | 7,667,195,596 | |||
| B. | Uninvested - held by Bureau of Public Debt | 2,381,537,779 | 299,454,632 | 2,680,992,412 | |||
| C. | Uninvested - held by program agencies | 1,249,878,107 | 311,682,511 | 1,561,560,618 | |||
| D. | Total balance | 9,040,357,630 | 2,869,390,996 | 11,909,748,626 | |||
| II. | Receipts: | ||||||
| A. | Gross excise taxes (transferred General Fund receipts) | ||||||
| 1. | Gasoline | 22,052,838,836 | 4,084,916,107 | 26,137,754,943 | |||
| 2. | Diesel and special motor fuels | 9,055,120,550 | 1,205,001,957 | 10,260,122,506 | |||
| 3. | Tires | 478,090,440 | 0 | 478,090,440 | |||
| 4. | Trucks and trailers | 4,265,611,187 | 0 | 4,265,611,187 | |||
| 5. | Federal use tax | 1,187,832,325 | 0 | 1,187,832,325 | |||
| 6. | Total excise taxes | 37,039,493,338 | 5,289,918,064 | 42,329,411,402 | |||
| 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 | 380,663,000 | 48,591,000 | 429,254,000 | |||
| 3. | To Airport and Airway Trust Fund & General Fund (aviation kerosene) | 595,602,758 | 79,453,785 | 675,056,543 | |||
| 4. | Total | 977,105,758 | 128,204,785 | 1,105,310,543 | |||
| C. | Net excise taxes | 36,062,387,580 | 5,161,713,279 | 41,224,100,859 | |||
| D. | Interest income | ||||||
| 1. | Interest on investments (cash basis) 3/ | 91,948,333 | 31,900,930 | 123,849,263 | |||
| 2. | Interest under Cash Management Improvement Act (net) | 17,660 | -70 | 17,590 | |||
| 3. | Total | 91,965,993 | 31,900,860 | 123,866,853 | |||
| E. | Other income | ||||||
| 1. | Motor carrier safety fines and penalties | 24,063,364 | 0 | 24,063,364 | |||
| 2. | Civil tax penalties related to highway excise taxes | 871,265 | 0 | 871,265 | |||
| 3. | Traffic safety fines and penalties | 94,578,120 | 0 | 94,578,120 | |||
| 4. | Transfer from General Fund per P.L. 114-94 | 51,900,000,000 | 18,100,000,000 | 70,000,000,000 | |||
| 5. | Transfer from Leaking Underground Storage Tank Trust Fund per P.L. 114-94 | 100,000,000 | 0 | 100,000,000 | |||
| 6. | Total | 52,119,512,749 | 18,100,000,000 | 70,219,512,749 | |||
| F. | Total receipts | 88,273,866,323 | 23,293,614,139 | 111,567,480,461 | |||
| III. | Transfers between Highway Trust Fund accounts | ||||||
| A. | From Highway Account to Mass Transit Account | -1,170,000,000 | 1,170,000,000 | 0 | |||
| B. | From Mass Transit Account to Highway Account | 78,439,789 | -78,439,789 | 0 | |||
| C. | Total | -1,091,560,211 | 1,091,560,211 | 0 | |||
| IV. | Expenditures: | ||||||
| A. | Federal Highway Administration | ||||||
| 1. | Federal aid to highways | 43,421,077,419 | 0 | 43,421,077,419 | |||
| 2. | Right-of-way revolving fund | 0 | 0 | 0 | |||
| 3. | Appalachian Development Highway System | 25,449 | 0 | 25,449 | |||
| 4. | Miscellaneous Highway Trust Funds | -330,080 | 0 | -330,080 | |||
| 5. | Total | 43,420,772,788 | 0 | 43,420,772,788 | |||
| B. | Federal Motor Carrier Safety Administration | 550,220,606 | 0 | 550,220,606 | |||
| C. | Federal Transit Administration | 0 | 9,472,175,836 | 9,472,175,836 | |||
| D. | National Highway Traffic Safety Administration | ||||||
| 1. | Highway related safety grants | 0 | 0 | 0 | |||
| 2. | Operations and research | 127,359,253 | 0 | 127,359,253 | |||
| 3. | Highway traffic safety grants | 688,893,831 | 0 | 688,893,831 | |||
| 4. | National driver register | -39,029 | 0 | -39,029 | |||
| 5. | Total | 816,214,056 | 0 | 816,214,056 | |||
| E. | Federal Railroad Administration | 0 | 0 | ||||
| F. | Other agencies | 169,925 | 0 | 169,925 | |||
| G. | Total expenditures | 44,787,377,375 | 9,472,175,836 | 54,259,553,211 | |||
| V. | Closing Balances in Trust Fund: | ||||||
| A. | Investments | ||||||
| U. S. Treasury special certificates of indebtedness | 47,891,924,010 | 16,736,898,258 | 64,628,822,268 | ||||
| B. | Undisbursed balances | ||||||
| 1. | Uninvested - held by Bureau of Public Debt | 2,184,551,781 | 326,424,366 | 2,510,976,147 | |||
| 2. | Uninvested - held by program agencies | ||||||
| a. | Federal aid to highways | 1,119,093,345 | 0 | 1,119,093,345 | |||
| b. | Right-of-way revolving fund | 4,278,780 | 0 | 4,278,780 | |||
| c. | Miscellaneous highway trust funds | 17,489,482 | 0 | 17,489,482 | |||
| d. | Appalachian Development Highway System | 94,441 | 0 | 94,441 | |||
| e. | Federal Motor Carrier Safety Administration | 74,748,357 | 0 | 74,748,357 | |||
| f. | Federal Transit Administration | 0 | 719,066,885 | 719,066,885 | |||
| g. | National Highway Traffic Safety Administration | 142,965,036 | 0 | 142,965,036 | |||
| h. | Federal Railroad Administration | 0 | 0 | 0 | |||
| i. | Other agencies | 141,136 | 0 | 141,136 | |||
| j. | Total | 1,358,810,576 | 719,066,885 | 2,077,877,462 | |||
| 3. | Total uninvested balance | 3,543,362,357 | 1,045,491,251 | 4,588,853,608 | |||
| C. | Total balance | 51,435,286,367 | 17,782,389,509 | 69,217,675,876 | |||
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.
