July 11, 2014
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Tick, Tick, Tick . . .

As the clock ticks on the pending insolvency of the Highway Trust Fund and its Mass Transit Account, DOT recently updated two “tickers” that track the funding remaining in each account and estimate the day each account runs dry.

As those dates near—August for the HTF and as early as October for the Mass Transit Account—DOT has announced a cash-management plan to allocate reimbursements to states for infrastructure projects in proportion to each state’s federal formula apportionment in the fiscal year. For details, see APTA's Legislative Alert.

Click here to see the Highway Trust Fund and Mass Transit Account tickers, updated on July 1.
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