U.S. Department of Transportation
Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC 20590
202-366-4000
October 2020
| Item | Highway Account |
Mass Transit Account 2/ |
Total | ||||
|---|---|---|---|---|---|---|---|
| I. Opening balance: | |||||||
| A. Investments - U.S. Treasury special certificates of indebtedness | 20,516,161,033.63 | 7,676,182,693.86 | 28,192,343,727.49 | ||||
| B. B. Uninvested - held by Bureau of the Fiscal Service | 2,505,895,042.02 | 285,439,655.75 | 2,791,334,697.77 | ||||
| C. Uninvested - held by program agencies | 1,629,499,361.38 | 292,735,426.14 | 1,922,234,787.52 | ||||
| D. Total balance | 24,651,555,437.03 | 8,254,357,775.75 | 32,905,913,212.78 | ||||
| II. Receipts: | |||||||
| A. Gross excise taxes (transferred General Fund receipts) | 1. Gasoline | 21,706,300,623.07 | 4,020,727,883.54 | 25,727,028,506.61 | |||
| 2. Diesel and special motor fuels | 9,759,880,352.05 | 1,298,294,580.42 | 11,058,174,932.47 | ||||
| 3. Tires | 507,044,369.01 | 0.00 | 507,044,369.01 | ||||
| 4. Trucks and trailers | 4,951,352,619.60 | 0.00 | 4,951,352,619.60 | ||||
| 5. Federal use tax | 1,462,862,252.02 | 0.00 | 1,462,862,252.02 | ||||
| 6. Total excise taxes | 38,387,440,215.75 | 5,319,022,463.96 | 43,706,462,679.71 | ||||
| B. Transfers to other funds | 1. To Land and Water Conservation Fund | 841,000.00 | 159,000.00 | 1,000,000.00 | |||
| 2. To Sport Fish Restoration and Boating Trust Fund | 388,659,000.00 | 48,841,000.00 | 437,500,000.00 | ||||
| 3. To Airport and Airway Trust Fund & General Fund (aviation kerosene) | 539,482,324.65 | 71,968,576.00 | 611,450,900.65 | ||||
| 4. Total | 928,982,324.65 | 120,968,576.00 | 1,049,950,900.65 | ||||
| C. Net excise taxes | 37,458,457,891.10 | 5,198,053,887.96 | 42,656,511,779.06 | ||||
| D. Interest income | 1. Interest on investments (cash basis) 3/ | 141,754,784.02 | 51,392,011.22 | 193,146,795.24 | |||
| 2. Interest under Cash Management Improvement Act (net) | 2,869,774.00 | (24,623.00) | 2,845,151.00 | ||||
| 3. Total | 144,624,558.02 | 51,367,388.22 | 195,991,946.24 | ||||
| E. Other income | 1. Motor carrier safety fines and penalties | 13,829,510.87 | 0.00 | 13,829,510.87 | |||
| 2. Civil tax penalties related to highway excise taxes | 483,218.00 | 0.00 | 483,218.00 | ||||
| 3. Traffic safety fines and penalties | 93,151,281.00 | 0.00 | 93,151,281.00 | ||||
| 4. Transfer from Leaking Underground Storage Tank Trust Fund | 0.00 | 0.00 | 0.00 | ||||
| 5. Total | 107,464,009.87 | 0.00 | 107,464,009.87 | ||||
| F. Total receipts | 37,710,546,458.99 | 5,249,421,276.18 | 42,959,967,735.17 | ||||
| III. Transfers between Highway Trust Fund accounts | |||||||
| A. From Highway Account to Mass Transit Account | (1,614,526,769.00) | 1,614,526,769.00 | 0.00 | ||||
| B. From Mass Transit Account to Highway Account | 58,443,763.00 | (58,443,763.00) | 0.00 | ||||
| C. Total | (1,556,083,006.00) | 1,556,083,006.00 | 0.00 | ||||
| IV. Expenditures: | |||||||
| A. Federal Highway Administration | 1. Federal aid to highways | 46,719,494,324.53 | 0.00 | 46,719,494,324.53 | |||
| 2. Right-of-way revolving fund | 0.00 | 0.00 | 0.00 | ||||
| 3. Appalachian Development Highway System | 0.00 | 0.00 | 0.00 | ||||
| 4. Miscellaneous Highway Trust Funds | 3,131,173.05 | 0.00 | 3,131,173.05 | ||||
| 5. Total | 46,722,625,497.58 | 0.00 | 46,722,625,497.58 | ||||
| B. Federal Motor Carrier Safety Administration | 617,984,517.75 | 0.00 | 617,984,517.75 | ||||
| C. Federal Transit Administration | 0.00 | 9,933,833,249.83 | 9,933,833,249.83 | ||||
| D. National Highway Traffic Safety Administration | 1. Highway related safety grants | 0.00 | 0.00 | 0.00 | |||
| 2. Operations and research | 154,843,461.59 | 0.00 | 154,843,461.59 | ||||
| 3. Highway traffic safety grants | 616,883,670.81 | 0.00 | 616,883,670.81 | ||||
| 4. National driver register | 0.00 | 0.00 | 0.00 | ||||
| 5. Total | 771,727,132.40 | 0.00 | 771,727,132.40 | ||||
| E. Federal Railroad Administration | (29,031.27) | 0.00 | (29,031.27) | ||||
| F. Office of the Secretary of Transportation | 152,831,760.57 | 0.00 | 152,831,760.57 | ||||
| G. Other agencies | 0.00 | 0.00 | 0.00 | ||||
| H. Total expenditures | 48,265,139,877.03 | 9,933,833,249.83 | 58,198,973,126.86 | ||||
| V. Closing Balances in Trust Fund: | |||||||
| A. Investments - U. S. Treasury special certificates of indebtedness | 8,041,822,577.05 | 4,039,001,803.71 | 12,080,824,380.76 | ||||
| B. Undisbursed balances | 1. Uninvested - held by Bureau of the Fiscal Service | 2,889,770,554.72 | 372,041,822.08 | 3,261,812,376.80 | |||
| 2. Uninvested - held by program agencies | a. Federal aid to highways | 994,429,378.64 | 0.00 | 994,429,378.64 | |||
| b. Right-of-way revolving fund | 4,278,779.63 | 0.00 | 4,278,779.63 | ||||
| c. Miscellaneous highway trust funds | 14,231,508.30 | 0.00 | 14,231,508.30 | ||||
| d. Appalachian Development Highway System | 4,000.00 | 0.00 | 4,000.00 | ||||
| e. Federal Motor Carrier Safety Administration | 90,287,077.52 | 0.00 | 90,287,077.52 | ||||
| f. Federal Transit Administration | 0.00 | 714,985,182.31 | 714,985,182.31 | ||||
| g. National Highway Traffic Safety Administration | 310,661,161.70 | 0.00 | 310,661,161.70 | ||||
| h. Federal Railroad Administration | 29,031.27 | 0.00 | 29,031.27 | ||||
| i. Office of the Secretary of Transportation (include receipt account) | 195,364,944.16 | 0.00 | 195,364,944.16 | ||||
| k. Other agencies | 0.00 | 0.00 | 0.00 | ||||
| j. Total | 1,609,285,881.22 | 714,985,182.31 | 2,324,271,063.53 | ||||
| 3. Total uninvested balance | 4,499,056,435.94 | 1,087,027,004.39 | 5,586,083,440.33 | ||||
| C. Total balance | 12,540,879,012.99 | 5,126,028,808.10 | 17,666,907,821.09 | ||||
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.
