Board Financial Report Presentation by: Kristine Ward, CFO - - PowerPoint PPT Presentation

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Arizona State Transportation Board

Financial Report

Presentation by: Kristine Ward, CFO September 21, 2018

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Revenue Report:

Highway User Revenue Fund (HURF) Status

• Gas tax – Moderate

decline month (-0.6%), moderate decline YTD (-0.2%)

• Diesel tax –

Moderate growth month (4.1%), moderate growth (6.8% YTD)

• VLT – Strong growth

(8.7% YTD)

• 1.9%
• 0.5%
• 8.0%
• 6.0%
• 4.0%
• 2.0%

0.0% 2.0% 4.0% 6.0% 8.0%

Actual Target Range

Variance from Forecast

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Revenue Report:

Regional Area Road Fund (RARF)

• Retail sales -

moderate growth (4.9% YTD)

• Contracting –

moderate growth (15.7% YTD)

• Restaurant & Bar

– moderate growth (9.2% YTD)

0.7%

• 8.0%
• 6.0%
• 4.0%
• 2.0%

0.0% 2.0% 4.0% 6.0% 8.0% Actual Target Range

Variance from Forecast

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Additional Updates

• Federal Aid Program
• Debt Financing Program
• HURF Capacity
• RARF Capacity
• Cash Management