Highway Statistics Series
Highway Statistics 2024
State Obligations for Local Highways - 2024 (1)
Change in Indebtedness During Year
January 2026
(THOUSANDS OF DOLLARS)
| STATE | OBLIGATIONS OUTSTANDING BEGINNING OF YEAR | OBLIGATIONS ISSUED (2) | OBLIGATIONS RETIRED | OBLIGATIONS OUTSTANDING END OF YEAR | BALANCE IN SINKING FUND OR DEBT RESERVE END OF YEAR (3) | ||||
|---|---|---|---|---|---|---|---|---|---|
| ORIGINAL ISSUES | REFUNDING ISSUES | TOTAL | CURRENT REVENUES OR SINKING FUNDS | BY REFUNDING | TOTAL | ||||
| Alaska | - | - | - | - | - | - | - | - | - |
| California | - | - | - | - | - | - | - | - | - |
| Dist. Of Col. | 70,243 | 122,341 | - | 122,341 | - | - | - | 192,584 | - |
| Louisiana | - | 52,913 | - | 52,913 | - | - | - | 52,913 | - |
| Maryland | - | - | - | - | - | - | - | - | - |
| Massachusetts | - | 734,277 | - | 734,277 | - | - | - | 734,277 | - |
| Michigan | - | - | - | - | - | - | - | - | - |
| Minnesota | 178,618 | 5,756 | - | 5,756 | 10,227 | - | 10,227 | 174,147 | 10,514 |
| New Jersey | - | 420,552 | - | 420,552 | - | - | - | 420,552 | - |
| New York | - | - | - | - | - | - | - | - | - |
| Ohio | - | - | - | - | - | - | - | - | - |
| Total | 248,861 | 1,335,839 | - | 1,335,839 | 10,227 | - | 10,227 | 1,574,473 | 10,514 |
(1) This table shows the status of State obligations issued to fund local highways. State expenditures on local roads and transfer payments appear in Table SF-6. Amounts shown are included in Table SB-2. Only States with outstanding bonds issued for local roads are included. See Table SB-1 for general note on SB series. This table is compiled from reports of State authorities.
(2) See Table SB-1 for additional information on specific bond issues.
(3) Amounts in this column represent funds available for future principal and interest payments.