Highway trust fund: financial status and outlook
Phyllis F. Scheinberg, United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Surface Transportation, United States. General Accounting Office
United States General Accounting Office, 1996 - Transportation - 8 pages
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accoimt Account Recognizes Future account through ﬁscal additional income taxes approximately $4.0 billion authorized beyond ﬁscal balance of approximately billion in ﬁscal Byrd Amendment Condition and Outlook Congress cover outstanding deﬁcit diesel end of ﬁscal estimated balance excise tax receipts Federal Highway federal share federal tax Federal Transit Administration federal-aid highway program FHWA estimate ﬁnance ﬁnancial fiscal ﬁscal year 1997 ftmded fuel taxes funds expected gallon of gasoline highway account highway and mass Highway Trust Fund highway user taxes increase the funds ISTEA limitation on obligations Mass Transit Account mass transit programs motor fuels on-hand outstanding charges outstanding commitments percent projected income reauthorization Recognizes Future Revenues refunds or tax revenues credited safety cushion sufﬁcient funds support future authorizations surface transportation programs tax receipts prior taxes plus interest total approximately total excise tax totaled about $1.1 Transit Administration FTA transit authorities trust ftmd U. S. Treasury U.S. General Accounting unpaid commitments