Transportation Subcommittee FY 2012-13 budget highlights

Fiscal Research Division _ Transportation Transportation Subcommittee FY 2012-13 Budget Highlights Fiscal Brief October 2012 The North Carolina General Assembly House and Senate Appropriations Subcommittees on Transportation (Transportation Subcommittee) determine the budgets for the Department of Transportation (DOT) and certain transportation-related programs and services administered by other State agencies. Development and maintenance of the State’s transportation system are supported by the Highway Fund and Highway Trust Fund, which are mostly comprised of revenues from the motor fuels tax, highway use tax. Division of Motor Vehicles fees, and federal assistance. Actual and Enacted Expenditures and Receipts' Actual Actual Actual Enacted FY 2009-10 FY 2010-11 FY 2011-12 FY 2012-13 Expenditures 3,534,575,736 3,982,732,203 4,042,178,431 4,371,996,307 Less: Receipts 983,210,939 1,551,071,206 1,426,883,890 1,282,646,307 Net Appropriations $2,551,364,797 $2,431,660,998 $2.615294,541 $3,089350,000 Positions (FTE) 13,915.0 13,470.0 13,154.0 13,017.5 1 Department or Division level budget and FTE information is provided in tables at the end of this budget brief. " Actual expenditures, receipts and participation revenues repotted for certified fund codes. Highway Fund expenditures and revenues include transfers from the Highway Trust Fund. S.L. 2012-142, Modify 2011 Appropriations Act (H.B. 950), as amended by S.L. 2012-145, Modifications/ 2012 Appropriations Act (S.B. 187), appropriates $2.02 billion from the Highway Fund and $1.07 billion from the Highway Trust Fund for FY 2012-13. Legislative adjustments to the FY 2012-13 budgets for the Highway Fund and Highway Trust Fund reduced spending by $149.7 million, in accordance with projected revenues and a one-year cap of the motor fuels excise tax at 37.5 cents per gallon. Maintenance is the largest category of spending in the Highway Fund, comprising 58.8 percent of the FY 2012-13 budget. The Highway Trust Fund primarily funds construction activities, including intrastate, urban loop, and secondary road projects. These three construction categories total 68.9 percent of the Highway Trust Fund budget in FY 2012-13. The Joint Conference Report focused on funding highway maintenance, advancing information technology, and prioritizing transit capital and construction funding. This Fiscal Brief provides a Budget Overview The enacted FY 2012-13 Net Highway Fund and Highway Trust Fund Appropriations total $3.09 billion. This is a reduction of 4.1% from the Certified FY 2012-13 Budget. Combined Highway Fund and Highway Trust Fund Appropriations support 13,017.5 full-time equivalent positions (FTE) within the Department of Transportation. The chart below shows the subcommittee budget by purpose. Highway Fund & Highway Trust Fund Appropriations FY 2012-13 $3.09 Billion DMV State Aid 5% Reserves. Transfers. Debt, & Other 13% 5%