DEPARTMENT OF TRANSPORTATION,
HIGHWAY TRUST FUND
Washington, D.C.
INDEPENDENT AUDITOR'S REPORT
AND FINANCIAL STATEMENTS
September 30, 2005 and 2004
Supplemental Information
REQUIRED SUPPLEMENTARY STEWARDSHIP INFORMATION (RSSI)
INVESTMENT IN HUMAN CAPITAL-SURFACE TRANSPORTATION
For The Year Ended September 30, 2005
(Dollars in thousands)
| 2001 | 2002 | 2003 | 2004 | 2005 | |
|---|---|---|---|---|---|
| Federal Highway Administration (1) | |||||
| National Highway Institute Training | $ 3,202 | $ 9,146 | $ 8,539 | $ 4,069 | $ 11,844 |
| Federal Motor Carrier Safety Administration(2) | |||||
| California Highway Patrol | - | - | 926 | 192 | 41 |
| Idaho Video | 243 | 199 | 593 | 344 | 208 |
| Massachusetts Training Academy | - | 25 | 175 | 9 | 53 |
| Minnesota Crash Investigation | - | 18 | 57 | 21 | - |
| National Highway Safety Administration(3) | |||||
| Section 403 Highway Safety Programs | 56,722 | 83,389 | 49,013 | 53,964 | 110,981 |
| Highway Traffic Safety Grants | 207,255 | 229,145 | 210,469 | 205,509 | 216,702 |
| Total | $ 267,422 | $ 321,922 | $ 269,772 | $ 264,108 | $ 339,829 |
NOTES: - (1) The National Highway Institute develops and conducts various training courses for all aspects of the Federal Highway Administration. Students are typically from the state and local police, state highway departments, public safety and motor carrier vehicle employees, and U.S. citizens and foreign nationals. Types of courses given and developed are: modern developments, technique, management, planning, environmental factors, engineering safety, construction and maintenance.
(2) The California Highway Patrol educates the trucking industry about federal and state commercial motor vehicle/carrier inspection procedures, and increase CMV driver awareness. The Idaho Video Program develops video training material utilized by FMCSA National Training Center for the purpose of training state and local law enforcement personnel. The Massachusetts Training Academy provides training to state law enforcement personnel located in the northeast region of Massachusetts. The Minnesota Crash Investigation Program provides training and develops processes and protocols for commercial motor vehicle crash investigations.
(3) NHTSA’s programs authorized under the Highway Trust Fund provide resources to state and local governments, private partners, and the public, to effect changes in driving behavior on the nation’s highways to increase safety belt usage and reduce impaired driving. NHTSA provides technical assistance to all states on the full range of components of the impaired driving system as well as conducting demonstrations, training and public information/education on safety belt usage.
INVESTMENT IN RESEARCH AND DEVELOPMENT -
SURFACE TRANSPORTATION
For The Year Ended September 30, 2005
(Dollars in thousands)
| 2001 | 2002 | 2003 | 2004 | 2005 | |
|---|---|---|---|---|---|
| Federal Highway Administration (1) | |||||
| Intelligent Transportation Systems |
$ 103,980 | $ 124,950 | $ 126,256 | $ 146,852 | $ 183,634 |
| Other Applied Research and Development |
118,425 | 183,142 | 115,368 | 142,557 | 114,315 |
| Total | $ 222,405 | $ 308,092 | $ 241,624 | $ 289,409 | $ 297,949 |
NOTE: - (1) FHWA’s research and development programs are earmarks in the appropriations bills for the fiscal year. Typically, these programs are related to safety, pavements, structures and environment. Intelligent Transportation systems were created to promote automated highways and vehicles to enhance the National Highway System. The output is in accordance with the specifications within the appropriations act.
INVESTMENTS IN TRANSPORTATION - SURFACE TRANSPORTATION
For The Year Ended September 30, 2005
(Dollars in thousands)
| 2001 | 2002 | 2003 | 2004 | 2005 | |
|---|---|---|---|---|---|
| Federal Highway Administration(1) | |||||
| Federal Aid Highways (HTF) | $ 25,876,082 | $ 29,377,231 | $ 29,258,796 | $ 29,207,012 | $ 29,750,120 |
| Other Highway Trust Fund Programs | 85,807 | 211,883 | 243,874 | 300,493 | 445,083 |
| Appalachian Development System | 23,801 | 146,306 | 128,480 | 263,430 | 425,810 |
| Federal Motor Carrier | 125,261 | 149,091 | 159,628 | 299,450 | 195,740 |
| Total | $ 26,110,951 | $ 29,884,511 | $ 29,790,778 | $ 30,070,385 | $ 30,816,753 |
NOTE: - (1) FHWA reimburses states for construction costs on projects related to the Federal Highway System of roads. The main programs in which the states participate are the National Highway System, Interstate Systems, Surface Transportation Program and Congestion Mitigation/Air Quality Improvement. The states’ contribution is ten percent for the Interstate System and twenty percent for other programs.
REQUIRED SUPPLEMENTARY INFORMATION (RSI)
TRADING PARTNER INFORMATION
As of and For The Year Ended September 30, 2005
(Dollars in thousands)
| Assets | Liabilities | Fiscal 2005 Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Agency | Fund Balance w/Treasury | Investments | Accounts Receivable | Other | Accounts Payable | Other Liabilities | Earned Revenue | Gross Cost | Non-exchange Revenue | Transfers-In/ Transfers-Out |
| Dept. of the Treasury | $ 4,217,543 | $ 8,270,638 | $ - | $ 18,850 | $ (624) | $ 13,815 | $ - | $ 24,003 | $ 37,901,628 | $ - |
| Dept. of Transportation | - | - | 18,991 | 32,964 | 510 | 72,101 | 25,640 | 180,988 | - | (7,664,303) |
| Other | - | - | 9,814 | 144 | 5,037 | 11,393 | 1,967 | 172,391 | - | |
| Total | $ 4,217,543 | $ 8,270,638 | $ 28,805 | $ 51,958 | $ 4,923 | $ 97,309 | $ 27,607 | $ 377,382 | $ 37,901,628 | $ (7,664,303) |
NOTE: Trading partner activity relating to the operations of the HTF Agencies of DOT is principally reflected in the non-trust accounts of the OA. Accordingly, such activity is not reflected in the financial statements of HTF, but instead in the financial statements of DOT.
BUDGET SUB-FUNCTION CLASSIFICATION
For The Year Ended September 30, 2005
(Dollars in thousands)
| Gross Cost and Earned Revenue | Intra-governmental Gross Cost and Earned Revenue | |||||
|---|---|---|---|---|---|---|
| Gross Cost | Earned Revenue | Net Cost | Gross Cost | Earned Revenue | Net Cost | |
| 401 Ground Transportation | $ 32,309,720 | $ (76,955) | $ 32,232,765 | $ 377,145 | $ (27,607) | $ 349,538 |
| Total | $ 32,309,720 | $ (76,955) | $ 32,232,765 | $ 377,145 | $ (27,607) | $ 349,538 |
OTHER ACCOMPANYING INFORMATION
CONSOLIDATING BALANCE SHEET
As of September 30, 2005
(Dollars in thousands)
| Federal Aid Highways | Other Highway Trust Funds | FMCSA Trust Fund | Corpus Hwy. Trust Fund |
FTA Trust Fund |
NHTSA Trust Fund | FRA Trust Fund | Eliminations | Total | |
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Intragovernmental: | |||||||||
| Fund balance with Treasury | $ 982,511 | $ 165,519 | $ 207,745 | $ 2,548,949 | $ 17,185 | $ 295,322 | $ 312 | $ - | $ 4,217,543 |
| Investments | - | - | - | 8,270,638 | - | - | - | - | 8,270,638 |
| Accounts receivable, net | 10,739,650 | 579,798 | 170,030 | - | 245,050 | 2,280 | - | (11,708,003) | 28,805 |
| Other assets | 25,423 | - | 7,558 | - | 127 | 18,850 | - | - | 51,958 |
| Total intragovernmental | 11,747,584 | 745,317 | 385,333 | 10,819,587 | 262,362 | 316,452 | 312 | (11,708,003) | 12,568,944 |
| Accounts receivable, net | 9,441 | - | 1,473 | - | - | 357 | - | - | 11,271 |
| Property, plant and equipment | 106,091 | 505 | - | - | - | 57 | - | - | 106,653 |
| Other assets | 12,619 | 95,860 | 26 | - | - | 7,557 | - | - | 116,062 |
| Total Assets | $ 11,875,735 | $ 841,682 | $ 386,832 | $ 10,819,587 | $ 262,362 | $ 324,423 | $ 312 | $ (11,708,003 ) | $ 12,802,930 |
| Liabilities | |||||||||
| Intragovernmental: | |||||||||
| Accounts payable | $ 4,071 | $ - | $ 852 | $ 11,708,003 | $ - | $ - | $ - | $ (11,708,003) | $ 4,923 |
| Other liabilities | 67,579 | - | 12,376 | - | 109 | 17,245 | - | - | 97,309 |
| Total intragovernmental | 71,650 | - | 13,228 | 11,708,003 | 109 | 17,245 | - | (11,708,003) | 102,232 |
| Accounts payable | 36,319 | 1,908 | 5,711 | - | - | 8,079 | - | - | 52,017 |
| Federal employee and veterans’ benefit payable | 9,748 | - | 2,386 | - | - | - | - | - | 12,134 |
| Grant liabilities | 2,196,806 | - | 17,972 | - | - | 60,002 | - | - | 2,274,780 |
| Other liabilities | 108,565 | 2 | 11,155 | - | 15 | 10,602 | - | - | 130,339 |
| Total liabilities | 2,423,088 | 1,910 | 50,452 | 11,708,003 | 124 | 95,928 | - | (11,708,003) | 2,571,502 |
| Net Position | |||||||||
| Cumulative results of operations | 9,452,647 | 839,772 | 336,380 | (888,416 ) | 262,238 | 228,495 | 312 | - | 10,231,428 |
| Total Liabilities and Net Position | $ 11,875,735 | $ 841,682 | $ 386,832 | $ 10,819,587 | $ 262,362 | $ 324,423 | $ 312 | $ (11,708,003 ) | $ 12,802,930 |
Note: The Highway Trust Fund equity (Corpus) available as of September 30, 2005 is $10,819,587. However, Congress has Authorized appropriations in excess of current available trust fund assets that amounts to $888,416 after considering amounts already transferred to the HTF Agencies.
