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.
May 31, 2018
Capital Investment Grants Program:
FTA Should Address Several Statutory ProvisionsGAO-18-462: Published: May 31, 2018. Publicly Released: May 31, 2018.
May 29, 2018
-
Interstate Pipeline Inspections:
Additional Planning Could Help DOT Determine Appropriate Level of State ParticipationGAO-18-461: Published: May 29, 2018. Publicly Released: May 29, 2018.
May 24, 2018
-
Small Unmanned Aircraft Systems:
FAA Should Improve Its Management of Safety RisksGAO-18-110: Published: May 24, 2018. Publicly Released: May 24, 2018.
Apr 9, 2018
-
Rail Transit:
Federal Transit Administration Can Strengthen Safety Oversight by Improving Guidance to StatesGAO-18-310: Published: Mar 20, 2018. Publicly Released: Apr 9, 2018.
Feb 28, 2018
-
Positive Train Control:
Many Commuter Railroads Still Have Significant Additional Implementation Work and Opportunities Exist to Provide Federal AssistanceGAO-18-367T: Published: Mar 1, 2018. Publicly Released: Feb 28, 2018.
Jan 30, 2018
-
Highway and Transit Projects:
Evaluation Guidance Needed for States with National Environmental Policy Act AuthorityGAO-18-222: Published: Jan 30, 2018. Publicly Released: Jan 30, 2018.
Jan 16, 2018
-
Commercial Space Launch Insurance:
FAA Needs to Fully Address Mandated RequirementsGAO-18-57: Published: Jan 16, 2018. Publicly Released: Jan 16, 2018.
Dec 21, 2017
-
Transportation Security Administration:
After Oversight Lapses, Compliance with Policy Governing Special Authority Has Been StrengthenedGAO-18-172: Published: Dec 21, 2017. Publicly Released: Dec 21, 2017.
Dec 14, 2017
-
Transportation Security Administration:
Surface Transportation Inspector Activities Should Align More Closely With Identified RisksGAO-18-180: Published: Dec 14, 2017. Publicly Released: Dec 14, 2017.
Dec 4, 2017
-
Auto Recalls:
NHTSA Should Take Steps to Further Improve the Usability of Its WebsiteGAO-18-127: Published: Dec 4, 2017. Publicly Released: Dec 4, 2017.
Looking for more? Browse all our products here
Explore our Key Issues on Transportation
Explore our other Key Issues here
