HIGHWAY FUND STATUS
Final fund status based on all actions through the close of the fiscal year ending June 30, 2009
FY 08 FY 09
AVAILABLE FUNDS
Transfers/Adjustments to Balance: 
Legislation Enacted During 123rd Legislature, 1st Regular Session $524,131 $0
Highway Fund Supplemental Budget (PL 2007, c. 538) $5,679,696 $517,669
Legislation Enacted During 123rd Legislature, 1st Special Session $0 ($5,000,000)
Emergency FY09 Highway Fund Budget (LD 61, PL 2009, c. 7) $0 $12,652
2010-2011 Highway Fund Biennial Budget (LD 333, PL 2009, c. 413) $0 $5,341,830
Unbudgeted Lapsed Balances $867,046 $587,948
Other Accounting Adjustments ($223,278) $961,802
Statutory Year-end Transfers ($333,586) $1,782,049
   
Subtotal - Transfers/Adjustments to Balance $6,514,010 $4,203,950
Undedicated Revenue:
December 2006 Base Revenue Estimate  $340,996,299 $347,196,520
March 2007 Revenue Revision ($2,100,239) ($2,912,734)
December 2007 Revenue Revision ($10,645,188) ($5,471,900)
March 2008 Revenue Revision ($2,280,838) ($1,981,227)
December 2008 Revenue Revision $0 ($8,384,119)
May 2009 Revenue Revision $0 ($16,708,967)
2008-2009 HF Biennial Budget - Adjustments to Baseline (PL 2007, c. 329) $210,000 $160,000
Other Legislation Enacted During 123rd Legislature, 1st Regular Session  $177,005 $201,975
Highway Fund Supplemental Budget (PL 2007, c. 538) $0 $9,987,145
Other Legislation Enacted During 123rd Legislature, 2nd Regular Session 1 ($1,000) ($9,813,595)
Legislation Enacted During 123rd Legislature, 1st Special Session $0 $12,876,542
Revenue Variances $1,780,540 ($907,491)
   
Subtotal - Undedicated Revenue $328,136,579 $324,242,149
   
TOTAL PROJECTED RESOURCES $334,650,588 $328,446,099
ALLOCATIONS
2008-2009 HF Biennial Budget - Baseline Allocations (PL 2007, c. 329) $301,209,087 $305,746,584
2008-2009 HF Biennial Budget - Adjustments to Baseline (PL 2007, c. 329) $39,930,729 $38,697,202
Legislation Enacted During 123rd Legislature, 1st Regular Session $28,980 ($6,000)
Highway Fund Supplemental Budget (PL 2007, c. 538) ($6,599,305) ($4,984,848)
Other Legislation Enacted During 123rd Legislature, 2nd Regular Session 1 $0 ($1,683,672)
Legislation Enacted During 123rd Legislature, 1st Special Session $0 $7,971,000
Emergency FY09 Highway Fund Budget (LD 61, PL 2009, c. 7) $0 ($7,876,642)
2010-2011 Highway Fund Biennial Budget (LD 333, PL 2009, c. 413) $0 ($12,253,771)
Statutory Year-end Transfers - Adjustments to Allocations $1,590,722 $1,924,308
   
TOTAL ALLOCATIONS $336,160,213 $327,534,161
   
NET CHANGE (PROJECTED RESOURCES LESS ALLOCATIONS) ($1,509,625) $911,938
  BEGINNING BALANCE $2,109,625   $600,000  
  NET CHANGE (FROM ABOVE) ($1,509,625)   $911,938  
  ENDING BALANCE $600,000   $1,511,938  
           
Notes:
1 Includes the effect of LD 1790, PL 2007, c. 470, which was held by the Governor at the close of the 1st Regular Session of the 123rd Legislature and became law during the 2nd Regular Session.  The revenue effect of LD 1790, PL 2007, c. 240, was revised 3/11/2008 to reflect the interaction effects of the December 2007 and March 2008 revenue forecasts.