U.S. Department of Transportation
Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC 20590
202-366-4000
JANUARY 2026
(THOUSANDS OF DOLLARS)
| STATE | BALANCE IN SINKING FUND OR DEBT RESERVE BEGINNING OF YEAR (2) | RECEIPTS APPLICABLE TO DEBT SERVICE | DISBURSEMENTS | BALANCE IN SINKING FUND OR DEBT RESERVE END OF YEAR | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HIGHWAY-USER TAX REVENUES | TOLLS | NET EARNINGS FROM INVESTMENTS | MISCELLANEOUS INCOME (3) | PROCEEDS OF SALE OF BONDS | TOTAL RECEIPTS | INTEREST | ADMINISTRATION, PAYING AGENT FEES, ETC. | TOTAL INTEREST AND ADMINISTRATION | REDEMPTIONS | TOTAL DISBURSEMENTS | |||||
| PAR VALUE | PREMIUM OR DISCOUNT | TOTAL | |||||||||||||
| Alabama | - | 86,405 | - | - | - | - | 86,405 | - | - | - | 86,405 | - | 86,405 | 86,405 | - |
| Alaska | - | - | - | - | 29,255 | - | 29,255 | 11,589 | - | 11,589 | 17,666 | - | 17,666 | 29,255 | - |
| Arizona | - | 11,843 | - | - | 600,000 | 78,300 | 690,143 | 52,884 | 1,960 | 54,844 | 635,299 | - | 635,299 | 690,143 | - |
| Arkansas | - | 73,824 | - | 632 | - | - | 74,456 | 6,220 | - | 6,220 | 60,980 | - | 60,980 | 67,200 | 7,256 |
| California | - | - | 556,374 | - | - | - | 556,374 | 431,675 | 9,704 | 441,379 | 861,173 | (746,178 | 114,995 | 556,374 | - |
| Colorado | - | 413,551 | 14,136 | - | - | - | 427,687 | 105,912 | 12,696 | 118,608 | 331,209 | (22,130 | 309,079 | 427,687 | - |
| Connecticut | - | 566,737 | - | - | 72,000 | 1,000,000 | 1,638,737 | 360,254 | 6,855 | 367,109 | 814,860 | - | 814,860 | 1,181,969 | 456,768 |
| Delaware | - | 142,223 | 162,612 | 701 | 45,000 | 127,590 | 478,126 | 141,149 | 925 | 142,074 | 285,694 | (12,924 | 272,770 | 414,844 | 63,282 |
| Dist. Of Col. | - | - | - | - | 15,000 | 124,097 | 139,097 | - | - | - | 139,097 | - | 139,097 | 139,097 | - |
| Florida | - | 642,622 | 740,700 | 21,317 | - | 192,420 | 1,597,059 | 570,122 | 5,532 | 575,654 | 822,747 | 63,108 | 885,855 | 1,461,509 | 135,550 |
| Georgia | - | 241,911 | 16,625 | - | - | - | 258,536 | 47,372 | 3 | 47,375 | 160,245 | (71,245 | 89,000 | 136,375 | 122,161 |
| Hawaii | - | 51,484 | - | - | - | - | 51,484 | 23,394 | - | 23,394 | 28,090 | - | 28,090 | 51,484 | - |
| Idaho | - | 95,579 | - | - | 400 | - | 95,979 | 55,749 | - | 55,749 | 40,230 | - | 40,230 | 95,979 | - |
| Illinois | - | 728,549 | 1,520,752 | - | - | - | 2,249,301 | 365,727 | - | 365,727 | 1,527,609 | - | 1,527,609 | 1,893,336 | 355,965 |
| Indiana | - | 98,767 | - | - | - | - | 98,767 | 20,848 | 804 | 21,652 | 77,115 | - | 77,115 | 98,767 | - |
| Iowa | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Kansas | - | 202,645 | 12,391 | 2,986 | - | 575,000 | 793,022 | 65,520 | 1,934 | 67,454 | 698,629 | (9,524 | 689,105 | 756,559 | 36,463 |
| Kentucky | - | 315,580 | - | - | - | 108,350 | 423,930 | 133,855 | 400 | 134,255 | 289,675 | - | 289,675 | 423,930 | - |
| Louisiana | - | 287,003 | 7,811 | - | - | 3,187 | 298,001 | 102,897 | 1,845 | 104,742 | 193,980 | (721 | 193,259 | 298,001 | - |
| Maine | - | 2,349 | 43,783 | - | 35,000 | - | 81,132 | 32,177 | - | 32,177 | 55,669 | (6,714 | 48,955 | 81,132 | - |
| Maryland | - | 361,454 | 207,794 | - | 65,000 | - | 634,248 | 246,687 | 30,121 | 276,808 | 1,150,997 | (793,557 | 357,440 | 634,248 | - |
| Massachusetts | - | 515,205 | 153,671 | - | 100,000 | 1,037,563 | 1,806,439 | 121,558 | - | 121,558 | 1,777,611 | (92,730 | 1,684,881 | 1,806,439 | - |
| Michigan | - | 261,241 | - | - | - | - | 261,241 | 134,983 | 8 | 134,991 | 126,250 | - | 126,250 | 261,241 | - |
| Minnesota | - | 94,722 | - | 7,785 | 280,745 | 270,750 | 654,002 | 82,203 | - | 82,203 | 80,171 | 408,320 | 488,491 | 570,694 | 83,308 |
| Mississippi | - | 109,320 | - | - | - | - | 109,320 | 41,759 | - | 41,759 | 67,561 | - | 67,561 | 109,320 | - |
| Missouri | - | 444,652 | - | - | - | - | 444,652 | 85,279 | 593 | 85,872 | 358,780 | - | 358,780 | 444,652 | - |
| Montana | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Nebraska | - | - | - | 1,059 | - | - | 1,059 | - | - | - | - | - | - | - | 1,059 |
| Nevada | - | 77,903 | - | - | - | - | 77,903 | 33,908 | - | 33,908 | 43,995 | - | 43,995 | 77,903 | - |
| New Hampshire | - | 32,117 | 26,722 | - | - | - | 58,839 | 18,494 | 905 | 19,399 | 58,462 | (19,022 | 39,440 | 58,839 | - |
| New Jersey | - | 31,445 | 1,022,186 | - | 400,000 | 2,888,033 | 4,341,664 | 1,425,544 | 7,540 | 1,433,084 | 2,969,794 | (61,214 | 2,908,580 | 4,341,664 | - |
| New Mexico | - | 194,095 | - | - | - | - | 194,095 | 37,138 | 97 | 37,235 | 156,860 | - | 156,860 | 194,095 | - |
| New York | - | 255,429 | 1,824,882 | - | 1,000,000 | 943,494 | 4,023,805 | 267,674 | 36 | 267,710 | 3,860,009 | (103,914 | 3,756,095 | 4,023,805 | - |
| North Carolina | - | 580,415 | 335,676 | - | - | - | 916,091 | 264,735 | 7,971 | 272,706 | 668,311 | (24,926 | 643,385 | 916,091 | - |
| North Dakota | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Ohio | - | 311,903 | 134,702 | 2,077 | - | - | 448,682 | 149,207 | 30 | 149,237 | 309,648 | (10,203 | 299,445 | 448,682 | - |
| Oklahoma | - | 72,874 | 154,630 | 45,840 | - | - | 273,344 | 159,611 | - | 159,611 | 113,370 | 363 | 113,733 | 273,344 | - |
| Oregon | - | 227,599 | - | - | - | - | 227,599 | 105,859 | 565 | 106,424 | 121,175 | - | 121,175 | 227,599 | - |
| Pennsylvania | - | 158,422 | 1,145,150 | 106,425 | - | 481,418 | 1,891,415 | 799,824 | - | 799,824 | 1,056,044 | (72,464 | 983,580 | 1,783,404 | 108,011 |
| Rhode Island | - | 97,458 | 14,132 | - | - | - | 111,590 | 73,099 | - | 73,099 | 39,384 | (893 | 38,491 | 111,590 | - |
| South Carolina | - | - | 12,126 | - | - | - | 12,126 | 15 | 5 | 20 | 12,106 | - | 12,106 | 12,126 | - |
| South Dakota | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Tennessee | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Texas | - | 2,381,254 | 2,351,939 | 1,783 | - | - | 4,734,976 | 1,093,271 | 1,400,540 | 2,493,811 | 5,543,990 | (3,302,825 | 2,241,165 | 4,734,976 | - |
| Utah | - | 278,710 | - | - | - | - | 278,710 | - | - | - | 278,710 | - | 278,710 | 278,710 | - |
| Vermont | - | 260 | - | - | - | - | 260 | - | - | - | 260 | - | 260 | 260 | - |
| Virginia | - | 653,723 | 39,948 | 2,033 | 243,239 | - | 938,943 | 182,283 | 8,407 | 190,690 | 1,088,829 | (384,134 | 704,695 | 895,385 | 43,558 |
| Washington | - | 894,003 | - | - | - | 1,455,005 | 2,349,008 | 398,036 | - | 398,036 | 495,967 | 1,455,005 | 1,950,972 | 2,349,008 | - |
| West Virginia | - | 57,386 | 38,381 | 66,012 | - | - | 161,779 | 83,312 | - | 83,312 | 82,089 | (3,622 | 78,467 | 161,779 | - |
| Wisconsin | - | 514,504 | - | - | 88,426 | 412,632 | 1,015,562 | 237,788 | 23,072 | 260,860 | 754,702 | - | 754,702 | 1,015,562 | - |
| Wyoming | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total | - | 12,567,166 | 10,537,123 | 258,650 | 2,974,065 | 9,697,839 | 36,034,843 | 8,569,611 | 1,522,548 | 10,092,159 | 28,341,447 | (3,812,144 | 24,529,303 | 34,621,462 | 1,413,381 |
(1) Table summarizes State receipts and disbursements for debt service of all State bond issues, including the toll facility issues shown in table SB-3T and the State issues for local roads shown in Table SB-3L. See Table SB-1 for general note on SB table series. This table is compiled from reports of State authorities.
(2) Any differences between beginning balance and last year's closing balance are the result of accounting adjustments, or inclusion of funds not previously reported.
(3) May include general funds, other State taxes, Federal funds and local funds.
(4) Amounts shown represent data reported for 2023.
