U.S. Department of Transportation
Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC 20590
202-366-4000
October 18, 2017
Table FE-10
| Item | Highway Account |
Mass Transit Account 2/ |
Total | ||||
|---|---|---|---|---|---|---|---|
| I. | Opening balance: | ||||||
| A. | Investments - U.S. Treasury special certificates of indebtedness | 47,891,924,010.20 | 16,736,898,257.78 | 64,628,822,267.98 | |||
| B. | Uninvested - held by Bureau of Public Debt | 2,184,551,780.56 | 326,424,365.97 | 2,510,976,146.53 | |||
| C. | Uninvested - held by program agencies | 1,358,810,576.32 | 719,066,885.28 | 2,077,877,461.60 | |||
| D. | Total balance | 51,435,286,367.08 | 17,782,389,509.03 | 69,217,675,876.11 | |||
| II. | Receipts: | ||||||
| A. | Gross excise taxes (transferred General Fund receipts) | ||||||
| 1. | Gasoline | 22,445,873,864.82 | 4,157,720,092.67 | 26,603,593,957.49 | |||
| 2. | Diesel and special motor fuels | 9,474,575,189.71 | 1,260,960,799.43 | 10,735,535,989.14 | |||
| 3. | Tires | 475,598,847.33 | 0.00 | 475,598,847.33 | |||
| 4. | Trucks and trailers | 3,117,447,611.84 | 0.00 | 3,117,447,611.84 | |||
| 5. | Federal use tax | 1,206,150,735.19 | 0.00 | 1,206,150,735.19 | |||
| 6. | Total excise taxes | 36,719,646,248.89 | 5,418,680,892.10 | 42,138,327,140.99 | |||
| B. | Transfers to other funds | ||||||
| 1. | To Land and Water Conservation Fund | 842,000.00 | 158,000.00 | 1,000,000.00 | |||
| 2. | To Sport Fish Restoration and Boating Trust Fund | 382,904,000.00 | 47,840,000.00 | 430,744,000.00 | |||
| 3. | To Airport and Airway Trust Fund & General Fund (aviation kerosene) | 637,394,825.87 | 85,030,165.60 | 722,424,991.47 | |||
| 4. | Total | 1,021,140,825.87 | 133,028,165.60 | 1,154,168,991.47 | |||
| C. | Net excise taxes | 35,698,505,423.02 | 5,285,652,726.50 | 40,984,158,149.52 | |||
| D. | Interest income | ||||||
| 1. | Interest on investments (cash basis) 3/ | 283,110,521.10 | 101,901,859.97 | 385,012,381.07 | |||
| 2. | Interest under Cash Management Improvement Act (net) | (1,812,265.00) | (1,094.00) | (1,813,359.00) | |||
| 3. | Total | 281,298,256.10 | 101,900,765.97 | 383,199,022.07 | |||
| E. | Other income | ||||||
| 1. | Motor carrier safety fines and penalties | 23,312,080.35 | 0.00 | 23,312,080.35 | |||
| 2. | Civil tax penalties related to highway excise taxes | 626,181.00 | 0.00 | 626,181.00 | |||
| 3. | Traffic safety fines and penalties | 11,068,333.33 | 0.00 | 11,068,333.33 | |||
| 5. | Transfer from Leaking Underground Storage Tank Trust Fund per P.L. 114-94 | 93,100,000.00 | 0.00 | 93,100,000.00 | |||
| 6. | Total | 128,106,594.68 | 0.00 | 128,106,594.68 | |||
| F. | Total receipts | 36,107,910,273.80 | 5,387,553,492.47 | 41,495,463,766.27 | |||
| III. | Transfers between Highway Trust Fund accounts | ||||||
| A. | From Highway Account to Mass Transit Account | (1,174,500,000.00) | 1,174,500,000.00 | 0.00 | |||
| B. | From Mass Transit Account to Highway Account | 51,644,385.00 | (51,644,385.00) | 0.00 | |||
| C. | Total | (1,122,855,615.00) | 1,122,855,615.00 | 0.00 | |||
| IV. | Expenditures: | ||||||
| A. | Federal Highway Administration | ||||||
| 1. | Federal aid to highways | 43,584,531,592.66 | 0.00 | 43,584,531,592.66 | |||
| 2. | Right-of-way revolving fund | 0.00 | 0.00 | 0.00 | |||
| 3. | Appalachian Development Highway System | 2,117.70 | 0.00 | 2,117.70 | |||
| 4. | Miscellaneous Highway Trust Funds | 11,114,108.85 | 0.00 | 11,114,108.85 | |||
| 5. | Total | 43,595,647,819.21 | 0.00 | 43,595,647,819.21 | |||
| B. | Federal Motor Carrier Safety Administration | 562,122,768.87 | 0.00 | 562,122,768.87 | |||
| C. | Federal Transit Administration | 0.00 | 9,442,359,217.58 | 9,442,359,217.58 | |||
| D. | National Highway Traffic Safety Administration | ||||||
| 1. | Highway related safety grants | 0.00 | 0.00 | 0.00 | |||
| 2. | Operations and research | 140,692,408.73 | 0.00 | 140,692,408.73 | |||
| 3. | Highway traffic safety grants | 678,719,767.23 | 0.00 | 678,719,767.23 | |||
| 4. | National driver register | 0.00 | 0.00 | 0.00 | |||
| 5. | Total | 819,412,175.96 | 0.00 | 819,412,175.96 | |||
| E. | Federal Railroad Administration | 0.00 | 0.00 | ||||
| F. | Other agencies | 109,387.74 | 0.00 | 109,387.74 | |||
| G. | Total expenditures | 44,977,292,151.78 | 9,442,359,217.58 | 54,419,651,369.36 | |||
| V. | Closing Balances in Trust Fund: | ||||||
| A. | Investments | ||||||
| U. S. Treasury special certificates of indebtedness | 38,241,116,929.13 | 14,090,634,828.16 | 52,331,751,757.29 | ||||
| B. | Undisbursed balances | ||||||
| 1. | Uninvested - held by Bureau of Public Debt | 2,200,381,135.43 | 310,241,288.06 | 2,510,622,423.49 | |||
| 2. | Uninvested - held by program agencies | ||||||
| a. | Federal aid to highways | 816,465,376.37 | 0.00 | 816,465,376.37 | |||
| b. | Right-of-way revolving fund | 4,278,779.63 | 0.00 | 4,278,779.63 | |||
| c. | Miscellaneous highway trust funds | 18,263,373.11 | 0.00 | 18,263,373.11 | |||
| d. | Appalachian Development Highway System | 92,323.08 | 0.00 | 92,323.08 | |||
| e. | Federal Motor Carrier Safety Administration | 87,625,588.29 | 0.00 | 87,625,588.29 | |||
| f. | Federal Transit Administration | 0.00 | 449,563,282.70 | 449,563,282.70 | |||
| g. | National Highway Traffic Safety Administration | 74,793,620.95 | 0.00 | 74,793,620.95 | |||
| h. | Federal Railroad Administration | 0.00 | 0.00 | 0.00 | |||
| i. | Other agencies | 31,748.11 | 0.00 | 31,748.11 | |||
| j. | Total | 1,001,550,809.54 | 449,563,282.70 | 1,451,114,092.24 | |||
| 3. | Total uninvested balance | 3,201,931,944.97 | 759,804,570.76 | 3,961,736,515.73 | |||
| C. | Total balance | 41,443,048,874.10 | 14,850,439,398.92 | 56,293,488,273.02 | |||
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.
