RALEIGH — The N.C. Department of Transportation has released its latest Weekly Cash Watch Numbers report, providing a snapshot of how the agency managed more than $2.4 billion in cash and bond proceeds during the week of July 24–30, according to the department’s public transparency update.
The report, published each Friday under Session Law 2019‑251, outlines receipts, spending and reserved funds that support highway construction, maintenance, disaster recovery and statewide transportation programs.
Cash Balance And Receipts
NCDOT began the week with a combined cash position of more than $2.44 billion, including the Highway Fund, Highway Trust Fund and reserved trustee‑held bond proceeds.
During the week, the department added $189.6 million in receipts, including:
- $2.37 million in federal reimbursements
- $1.38 million in federal disaster reimbursements
- $185.8 million in other receipts such as fees and state revenue streams
Weekly Spending
NCDOT disbursed funds across several major categories, including:
- $37.6 million for payroll
- $85.8 million for STI construction
- $20.4 million for operations
- $4.5 million in disaster‑related costs
- $3.8 million for ferry, aviation, rail and public transportation programs
- $32.7 million in other administrative and agency transfers
No debt service payments, Map Act settlements or Powell Bill distributions were made during the week.
Ending Cash Position
After receipts and disbursements, NCDOT ended the week with a combined cash balance of $2.15 billion, including:
- $1.13 billion in the Highway Fund
- $1.02 billion in the Highway Trust Fund
- $125 million in the Transportation Emergency Reserve
- $32.9 million in unexpended Build NC bond proceeds
- $141.9 million in unexpended GARVEE bond proceeds
The report notes that cash balances fluctuate daily as revenue arrives and payments are made, and weekly totals do not represent the final reconciled monthly balance.
Disaster Recovery Costs
The department continues to track reimbursements and expenditures related to Hurricane Helene, reporting cumulative federal reimbursements of $450.5 million from FHWA and $349.7 million from FEMA. Cumulative expenditures total $909.2 million for FY2025, $794.7 million for FY2026 and $73.9 million for FY2027.
Why NCDOT Publishes Weekly Cash Reports
NCDOT says the weekly release is part of its commitment to transparency and financial oversight. Each report includes beginning and ending balances, receipts, disbursements and reserved cash held in trustee accounts for bond‑funded projects. The department emphasizes that weekly balances are not indicative of final monthly totals, which are reconciled at month’s end.
The latest report — along with previous weekly reports — is available on NCDOT’s public Cash Watch webpage.
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