Highway Trust Fund

Joung Lee, Senior Analyst for Business Development and Transportation Finance

In this Transportation 101 segment AASHTO's Senior Analyst for Transportation Finance and Business Development explains how transportation is funded in the U.S. Mr. Lee introduces you to the Highway Trust Fund a dedicated source of revenue for both highway and transit programs. Did you know that the average motorist only pays about 30 cents into the highway trust fund, an amount that hasn't increased in 16 years? Meanwhile construction costs have skyrocketed. For example steel prices have doubled over the past 5 years.