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

Arizona State Transportation Board Financial Report Presentation by: Kristine Ward, CFO September 21, 2018 1

Revenue Report: Highway User Revenue Fund (HURF) Status 8.0% Variance from Forecast • Gas tax – Moderate 6.0% decline month 4.0% (-0.6%), moderate 2.0% decline YTD (-0.2%) 0.0% -0.5% • Diesel tax – -2.0% -1.9% Moderate growth -4.0% month (4.1%), -6.0% -8.0% moderate growth (6.8% YTD) • VLT – Strong growth Actual Target Range (8.7% YTD) 2

Revenue Report: Regional Area Road Fund (RARF) • Retail sales - 8.0% moderate growth Variance from Forecast 6.0% (4.9% YTD) 4.0% • Contracting – 2.0% 0.7% moderate growth 0.0% (15.7% YTD) -2.0% • Restaurant & Bar -4.0% – moderate -6.0% -8.0% growth (9.2% YTD) Actual Target Range 3

Additional Updates • Federal Aid Program • Debt Financing Program • HURF Capacity • RARF Capacity • Cash Management 4