CASH MANAGEMENT IN THE HIGHWAY PROGRAM

The planning, programming and budgeting phases of the resources management system are briefly outlined, and the spending phase of cash management is reviewed. The general trend of California's monthly cash flow is described. The federal subventions received, contract progress payments, highway users tax apportionments received, and payroll expenses - are four major items which significantly affect the monthly cash flow. The tax funds for revenues received and the sources of these revenues are listed. Expenditures are broadly categorized into those for maintenance and administration; capital outlays for construction, reconstruction right of way; and allocations to cities and counties. Cash forecasting is outlined, and the budget/cash flow relationship is discussed. Options available for controlling cash flow are detailed. Construction contract pavements (the largest single expenditure) may be controlled through scheduling and advertising controls. Revenues may also be obtained through the liquidation of interstate right-of-way and engineering accruals. A procedure to expedite receipt of Federal subventions is also described.

• Supplemental Notes:
  • Proceedings of the Los Angeles, California meeting November 12 through 15, 1973
• Corporate Authors:

  American Association of State Highway and Transportation Officials

  341 National Press Building
  Washington, DC  United States  20004
• Authors:
  • Smith Jr, W P
• Conference:
  • American Assn of State Hwy & Transp Office Proc
• Publication Date: 1973-11

Media Info

• Features: Figures;
• Pagination: p. 170-187
• Serial:
  • Issue Number: 59

Subject/Index Terms

• TRT Terms: Administration; Cash flow; Construction; Contracts; Expenditures; Federal aid; Finance; Forecasting; Highway user taxation; Highways; Maintenance; Payment; Programming (Planning); Reconstruction; Salaries; Scheduling
• Uncontrolled Terms: Fund allocations
• Old TRIS Terms: Financial programming; Highway programming
• Subject Areas: Administration and Management; Construction; Economics; Finance; Highways; Maintenance and Preservation; Society;

Filing Info

• Accession Number: 00129929
• Record Type: Publication
• Files: TRIS
• Created Date: May 14 1976 12:00AM