June 22
SCDOT Financial Report #43

This update is released by the South Carolina Department of Transportation (SCDOT) each week to report the agency’s current fiscal status and to highlight recent accomplishments of the agency.  
SCDOT’s current financial status remains stable with a continued positive outlook.  Accordingly, SCDOT continues to process validated invoices in a timely manner.  The Comptroller General’s office has processed approximately $33 million in payments to SCDOT vendors, contractors and others so far in the month of June.  All debt service and South Carolina Transportation Infrastructure Bank payments are current.
The SCDOT Commission was given a presentation on SCDOT’s overall financial situation on June 20, 2012 at the Finance Committee Meeting.  This presentation can be viewed at the link below.
SCDOT is continuing to monitor Federal Legislative activity as it relates to the Federal Transportation Bill.  The Federal Highway Administration is currently operating under a continuing resolution that expires June 30th. 
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