Applying Agreed-Upon Procedures:
Highway Trust Fund Excise Taxes
GAO-06-198R: Published: Nov 4, 2005. Publicly Released: Nov 4, 2005.
Additional Materials:
- Full Report:
- Accessible Text:
Contact:
(202) 512-9521
contact@gao.gov
Office of Public Affairs
(202) 512-4800
youngc1@gao.gov
We assisted the Department of Transportation (DOT) in ascertaining whether the net excise tax revenue distributed to the Highway Trust Fund (HTF) for the fiscal year ended September 30, 2005, is supported by the underlying records. As agreed with DOT, we evaluated fiscal year 2005 activity affecting distributions to the HTF. In performing the agreed-upon procedures, we conducted our work in accordance with U.S. generally accepted government auditing standards, which incorporate financial audit and attestation standards established by the American Institute of Certified Public Accountants. These standards also provide guidance for performing and reporting the results of agreed-upon procedures.
The adequacy of the procedures to meet objectives is the Department of Transportation's responsibility, and we make no representation in that respect. The procedures we agreed to perform relate to (1) transactions that represent the underlying basis of amounts distributed to the HTF, (2) the Internal Revenue Service's (IRS) quarterly HTF certifications, (3) the Department of the Treasury's Financial Management Service adjustments to the HTF during fiscal year 2005, (4) IRS's precertification1 of receipts for each quarter of fiscal year 2005, (5) certain procedures of the Department of the Treasury's Office of Tax Analysis's (OTA) process for estimating amounts to be distributed to the HTF for the fourth quarter of fiscal year 2005, and other procedures related to (6) the net amount of fiscal year 2005 excise taxes distributed to the HTF, (7) transactions that represent total IRS tax revenue receipts and refunds, and (8) reconciliations of IRS records to Treasury records.
Jan 7, 2021
Aircraft Noise:
Better Information Sharing Could Improve Responses to Washington, D.C. Area Helicopter Noise ConcernsGAO-21-200: Published: Jan 7, 2021. Publicly Released: Jan 7, 2021.
Dec 18, 2020
-
Automated Technologies:
DOT Should Take Steps to Ensure Its Workforce Has Skills Needed to Oversee SafetyGAO-21-197: Published: Dec 18, 2020. Publicly Released: Dec 18, 2020.
Dec 17, 2020
-
Emergency Responder Safety:
States and DOT Are Implementing Actions to Reduce Roadside CrashesGAO-21-166: Published: Dec 17, 2020. Publicly Released: Dec 17, 2020.
Nov 24, 2020
-
Reagan National Airport:
Information on Effects of Federal Statute Limiting Long-Distance FlightsGAO-21-176: Published: Nov 24, 2020. Publicly Released: Nov 24, 2020.
Nov 19, 2020
-
Federal-Aid Highways:
States and Local Governments Reported Benefits to Federal Highway Fund Swapping, but Impacts Cannot be Definitively DeterminedGAO-21-88: Published: Oct 20, 2020. Publicly Released: Nov 19, 2020.
Nov 16, 2020
-
Aviation Certification:
FAA Needs to Strengthen Its Design Review Process for Small AirplanesGAO-21-85: Published: Nov 16, 2020. Publicly Released: Nov 16, 2020.
Nov 9, 2020
-
Aviation Safety:
FAA's Office of Aviation Safety Should Take Additional Actions to Ensure Its Workforce Has Needed SkillsGAO-21-94: Published: Nov 9, 2020. Publicly Released: Nov 9, 2020.
Oct 29, 2020
-
Puerto Rico:
Perspectives on the Potential to Expand Air Cargo OperationsGAO-21-21: Published: Oct 29, 2020. Publicly Released: Oct 29, 2020.
Sep 30, 2020
-
Supplemental Material For GAO-20-686:
Transit Asset Management: Survey of TAM Program ParticipantsGAO-20-687SP: Published: Sep 30, 2020. Publicly Released: Sep 30, 2020. -
Transit Asset Management:
FTA Should Clarify Performance Data and Develop a Plan to Guide Future Program ImprovementsGAO-20-686: Published: Sep 30, 2020. Publicly Released: Sep 30, 2020.
Looking for more? Browse all our products here
Explore our Key Issues on Transportation
Explore our other Key Issues here
