Skip to content United States Department 
   of Transportation - Federal Highway Administration FHWA Home Feedback

Highway Trust Fund

Financial Report for Fiscal Year 2004

Management's Discussion and Analysis

Table of Contents | Management's Discussion and Analysis | Financial Section | Appendices

 

Financial and Personnel Highlights

Following are the significant financial highlights for the HTF that compare FY 2004 and FY 2003 activity and the associated percentage change.

HTF Financial and Personnel Highlights
At End of Year
FY 2004 FY 2003 % Change

Condensed Balance Sheet Data
     
Fund Balance With Treasury $ 4,270,531 $ 4,163,237   +2.58%
Investments  10,211,852  13,996,553  -26.88%
Accounts Receivable, Net      15,483      56,014  -72.36%
Property, Plant and Equipment, Net      47,021      46,856   +0.35%
Other Assets     186,272
single underline
    117,513
single underline
 +58.51%
single underline
Total Assets $14,731,159
double underline
$18,350,173
double underline
 -19.72%
double underline

Accounts Payable
$   147,621 $    48,363 +205.24%
Grant Liabilities   2,195,580   2,443,591  -10.15%
Other Liabilities     247,385
single underline
     60,463
single underline
+309.15%
single underline
Total Liabilities $ 2,590,586
single underline
$2,552,417
single underline
  +1.50%
single underline

Net Position
$12,140,573
double underline
$15,797,756
double underline
 -23.15%
double underline

Total Budgetary Resources
 

$70,236,030
double underline
 

$67,570,611
double underline
 

  +3.94%
double underline
 
For the Year
FY 2004 FY 2003 % Change

Trust Fund Revenues
$34,724,328 $34,115,172   +1.79%

Total Cost
$31,442,265 $31,568,738   -0.40%
Total Earned Revenues      13,838      67,933  -79.63%
Net Cost of Operations $31,428,427
double underline
$31,500,805
double underline
  -0.23%
double underline

Full-time Equivalent (FTE)
      5,625       5,504  

On-Time Payments (%)
        93%         94%  

Electronic Funds Transfer Payments (%)
        75%         76%  

 

< Go to Previous Page | Go to Next Page >


FHWA Home | Feedback
FHWA