Transportation Revenue Forecast Council September 2008 Forecasts by raj18036

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									                                                   Transportation Revenue
                                                      Forecast Council
                                                   September 2008 Forecasts



              Motor Vehicle Fuel Tax Revenue Forecast............................................. 2

              Motor Vehicle Licenses, Permits, and Fees Revenue Forecast............. 34

              Rental Vehicle Sales Tax Forecast........................................................... 53

              Vehicle Sales and Use Tax Forecast......................................................... 55

              Federal Funds Forecast............................................................................. 57

              Department of Licensing Revenue Forecasts.......................................... 68

              Aeronautics Revenue Forecast.................................................................107

              Motor Vehicle Fund Miscellaneous Revenue Forecast..........................109

              Washington State Ferries Ridership and Revenue Forecast.................112

               Tacoma Narrows Bridge Traffic and Revenue Forecast.......................123




Adopted 9/18/2008                                                   1
Motor Vehicle Fuel Tax Revenue Forecast
            September 2008




                   2
Comparison of September 2008 and June 2008 Forecasts
Chart 1. Washington Gasoline Prices (All Grades-All Services)                                                      Chart 2. U.S. Inflation-Implicit Price Deflator for Personal Consumpti

                                        September 2008           June 2008                                                                             September 2008          June 2008

                                                                                                                                     1.70
                      $4.20
                                                                                                                                     1.60
   Price per Gallon




                                                                                                                      (2000= 1.00)
                      $3.70                                                                                                          1.50

                      $3.20                                                                                                          1.40
                                                                                                                                     1.30
                      $2.70                                                                                                          1.20
                      $2.20                                                                                                          1.10
                          2006   2009     2012   2015    2018     2021               2024                                               2006    2009    2012    2015    2018   2021   2024



Chart 3. U.S. Light-Duty Vehicle Fleet Fuel Efficiency                                                             Chart 4. Washington Population, Age 18 and Over

                                        September 2008           June 2008                                                                             September 2008          June 2008

                      26.0
                      25.0
   Miles per Gallon




                                                                                                                                     6,000




                                                                                                                      Thousands
                      24.0
                      23.0                                                                                                           5,500
                      22.0
                      21.0                                                                                                           5,000
                      20.0
                      19.0                                                                                                           4,500
                         2006    2009    2012    2015    2018    2021                2024                                                2006   2009     2012   2015    2018   2021   2024



                                                                Chart 5. Washington Personal Income In Constant Dollars

                                                                                                  September 2008         June 2008
                                                                  2000 Dollars, in




                                                                                     380,000
                                                                     Millions




                                                                                     330,000

                                                                                     280,000

                                                                                     230,000

                                                                                     180,000
                                                                                           2006 2009 2012 2015 2018 2021 2024




                                                                                                            3
                                                                                             Forecast of
$4.50                                                                           Washington Gasoline Prices, All Grades
                                                                             September 2008 vs June 2008 vs February 2008

                                                                                       $4.06
                                                                                                                       $3.98 $3.98 $3.95                          September 2008 Forecast
$4.00                                                                                                          $3.93                        $3.91 $3.89
                                                                                                       $3.83                                              $3.79
                                                                                             $3.68
                                                                                         $3.85                                                                    $3.65                               $3.66 $3.69
                                                                                                                                                                          $3.56 $3.53 $3.54   $3.60
                                                                                                       $3.50
$3.50                                                                                          $3.64           $3.41                    June 2008 Forecast
                                                                                                                       $3.30
                                                                            $3.34 $3.34
                                                                                                                               $3.18                              $3.19 $3.21 $3.22 $3.22 $3.22 $3.23 $3.23
                                                                                                                                       $3.13 $3.14 $3.15 $3.17
Price per Gallon




$3.00                                                                    $2.88 $3.11
                                                                                                                                                                          $2.99 $2.99 $2.99 $2.99 $2.99 $2.98
                                                                                                                                                  $2.94 $2.96 $2.98
                                                                 $2.64                 $2.89 $2.89 $2.91 $2.90 $2.89 $2.89 $2.91 $2.93


$2.50                                                                                                          February 2008 Forecast


                                                         $2.12

$2.00
                                                 $1.83

                         $1.60           $1.56
    $1.43
$1.50                            $1.37




$1.00
    2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025


                   Source: Actual prices are collected from the Energy Information Administration. Forecasted prices are from Global Insight's September 2008 forecast of
                   quarterly U. S. retail prices for all grades of gasoline adjusted for Washington State taxes.

                                                                                                                   4
                                                                        History & Forecast
                                                                             Inflation
                                                                   September 2008 vs June 2008

                                     1.70




                                     1.60

                                                                                                   September 2008 Forecast
Implicit Price Deflator - Personal
   Consumption (2000= 1.00)




                                     1.50




                                     1.40                                                                  June 2008 Forecast




                                     1.30




                                     1.20




                                     1.10
                                        2006 2007 2008 2009 2010   2011 2012 2013 2014 2015 2016 2017 2018 2019 2020            2021 2022 2023 2024 2025
                                                                                         Fiscal Year




                                                                                     5
                                                                                                              History & Forecast
                                                                                                     Washington State Real Personal Income
                                                                                                         September 2008 vs June 2008
                                                                   420,000

                                                                   410,000

                                                                   400,000

                                                                   390,000
Washington State Real Personal Income, 2000 Dollars, in Millions




                                                                   380,000

                                                                   370,000

                                                                   360,000

                                                                   350,000

                                                                   340,000

                                                                   330,000                                                       June 2008 Forecast
                                                                   320,000

                                                                   310,000

                                                                   300,000

                                                                   290,000

                                                                   280,000                                                                                      September 2008 Forecast
                                                                   270,000

                                                                   260,000

                                                                   250,000

                                                                   240,000

                                                                   230,000

                                                                   220,000

                                                                   210,000

                                                                   200,000

                                                                   190,000
                                                                                                                                         Fiscal Year
                                                                   180,000
                                                                         2006   2007   2008   2009   2010   2011   2012   2013    2014   2015   2016   2017   2018   2019   2020   2021   2022   2023   2024   2025




                                                                                                                                     6
Washington Motor Vehicle Fuel Forecast                                                                                                                                                                                      Fiscal Years
September 2008
                                                          2006                          2007             2008             2009             2010                          2011            2012          2013             2014       2015
GALLONS (Millons)
 Gasoline                                               2,703.5                    2,710.3         2,703.9              2,652.9          2,716.4                    2,756.6         2,783.8         2,818.9           2,857.7    2,898.5
   Annual Percentage Change                                -0.9                        0.3            -0.2                 -1.9              2.4                        1.5             1.0             1.3               1.4        1.4
 Diesel                                                   737.7                      726.1           776.6                758.0            811.3                      845.0           876.8           908.0             939.9      972.3
   Annual Percentage Change                                 9.6                       -1.6             7.0                 -2.4              2.8                        4.2             3.8             3.6               3.5        3.4
  Total                                                 3,441.2                    3,436.5         3,480.6              3,410.9          3,527.7                    3,601.6         3,660.6         3,726.8           3,797.7    3,870.8
    Annual Percentage Change                                1.2                       -0.1             1.3                 -2.0              3.4                        2.1             1.6             1.8               1.9        1.9

June 2008 FORECAST
  Gasoline                                              2,703.5                    2,710.3         2,703.9              2,646.4          2,721.2                    2,803.8         2,866.3         2,927.0           2,989.6    3,045.4
   Percentage Change, September 2008 vs June 2008           0.0                        0.0             0.0                  0.2             -0.2                       -1.7            -2.9            -3.7              -4.4       -4.8
  Diesel                                                  737.7                      726.1           776.6                789.4            811.7                      851.4           886.1           916.6             948.6      980.8
   Percentage Change, September 2008 vs June 2008           0.0                        0.0             0.0                 -4.0             -0.1                       -0.7            -1.0            -0.9              -0.9       -0.9
  Total                                                 3,441.2                    3,436.5         3,480.6              3,435.8          3,532.9                    3,655.2         3,752.3         3,843.6           3,938.2    4,026.2
   Percentage Change, September 2008 vs June 2008           0.0                        0.0             0.0                 -0.7             -0.1                       -1.5            -2.4            -3.0              -3.6       -3.9

FORECAST VARIABLES (Percentage Change)
  U.S. Light-Duty Vehicle Fleet Fuel Efficiency (MPG)      0.5                            0.6             0.6               0.7              0.7                           0.9            0.9            1.1              1.2        1.2
  U.S. Gasoline Prices                                    27.5                            2.7            20.9              14.5             -4.3                           4.3            2.6            1.4              0.0       -0.6
  U.S. General Prices                                      3.2                            2.4             3.2               3.6              1.7                           2.0            2.2            2.1              2.0        2.0
  U.S. Relative Gasoline Price                            23.5                            0.3            17.1              10.6             -5.9                           2.3            0.4           -0.8             -2.0       -2.6
  Washington Personal Income In Constant Dollars           1.0                            5.3             3.8               1.0              3.3                           3.9            3.2            3.2              3.2        3.1
  Washington Population, Age 18 and Over                   2.1                            2.0             2.0               1.9              1.8                           1.7            1.5            1.5              1.4        1.3

FUEL PRICES
  West Texas Intermediate Crude (Per Barrel)            $64.30                         $63.36       $97.03              $114.58          $107.13              $112.25              $115.84        $117.75             $116.67   $115.17
  Ex-Tax Washington Diesel (Per Gallon)                  $2.10                          $2.17        $2.90                $3.81            $3.58                $3.70                $3.80          $3.85               $3.82     $3.77
  Washington Retail Diesel (Per Gallon)                  $2.92                          $3.03        $3.76                $4.64            $4.43                $4.55                $4.65          $4.69               $4.67     $4.62
  Washington Retail Gasoline (Per Gallon)                $2.64                          $2.88        $3.34                $3.85            $3.68                $3.83                $3.93          $3.98               $3.98     $3.95
    All Grades - All Services

                                                                  Chart 6. Gasoline Motor Fuel Forecast Comparison                                 Chart 7. Diesel Motor Fuel Forecast Comparison

                                                                                                    September 2008          June 2008                                              September 2008         June 2008

                                                                                       3,700                                                                            1,400
                                                                                       3,500




                                                                                                                                                      Million Gallons
                                                                     Million Gallons




                                                                                                                                                                        1,200
                                                                                       3,300
                                                                                       3,100                                                                            1,000
                                                                                       2,900
                                                                                                                                                                         800
                                                                                       2,700
                                                                                       2,500                                                                             600
                                                                                           2006   2009    2012   2015    2018     2021                                     2006   2009   2012   2015   2018    2021




                                                                                                           7
Washington Motor Vehicle Fuel Forecast                                                                                                        Fiscal Years
September 2008
                                                          2016      2017      2018      2019      2020      2021      2022      2023      2024       2025
GALLONS (Millons)
 Gasoline                                               2,943.2   2,984.9   3,031.2   3,087.9   3,143.4   3,186.4   3,221.4   3,247.1   3,266.6    3,292.4
   Annual Percentage Change                                 1.5       1.4       1.6       1.9       1.8       1.4       1.1       0.8       0.6        0.8
 Diesel                                                 1,005.2   1,039.1   1,074.2   1,110.5   1,144.7   1,177.8   1,212.1   1,247.3   1,283.4    1,320.5
   Annual Percentage Change                                 3.4       3.4       3.4       3.4       3.1       2.9       2.9       2.9       2.9        2.9
  Total                                                 3,948.4   4,024.1   4,105.4   4,198.3   4,288.0   4,364.3   4,433.5   4,494.4   4,550.0    4,612.8
    Annual Percentage Change                                2.0       1.9       2.0       2.3       2.1       1.8       1.6       1.4       1.2        1.4

June 2008 FORECAST
  Gasoline                                              3,087.4   3,123.1   3,156.4   3,191.0   3,223.8   3,255.6   3,289.0   3,321.5   3,354.0    3,387.1
   Percentage Change, September 2008 vs June 2008          -4.7      -4.4      -4.0      -3.2      -2.5      -2.1      -2.1      -2.2      -2.6       -2.8
  Diesel                                                1,013.7   1,047.6   1,082.5   1,118.8   1,152.9   1,186.0   1,220.2   1,255.3   1,291.4    1,328.4
   Percentage Change, September 2008 vs June 2008          -0.8      -0.8      -0.8      -0.7      -0.7      -0.7      -0.7      -0.6      -0.6       -0.6
  Total                                                 4,101.0   4,170.7   4,239.0   4,309.8   4,376.7   4,441.6   4,509.2   4,576.8   4,645.4    4,715.5
   Percentage Change, September 2008 vs June 2008          -3.7      -3.5      -3.2      -2.6      -2.0      -1.7      -1.7      -1.8      -2.1       -2.2

FORECAST VARIABLES (Percentage Change)
  U.S. Light-Duty Vehicle Fleet Fuel Efficiency (MPG)       1.3       1.4       1.6       1.5       1.6       1.7       1.8       1.8       1.8        1.8
  U.S. Gasoline Prices                                     -1.0      -0.7      -2.5      -3.8      -2.4      -0.9       0.2       1.7       1.8        1.0
  U.S. General Prices                                       2.0       2.0       2.0       2.0       2.0       2.0       2.0       2.0       2.0        1.9
  U.S. Relative Gasoline Price                             -3.0      -2.7      -4.4      -5.6      -4.4      -2.9      -1.7      -0.2      -0.2       -0.9
  Washington Personal Income In Constant Dollars            3.1       3.1       3.1       3.1       2.7       2.7       2.7       2.7       2.7        2.7
  Washington Population, Age 18 and Over                    1.3       1.3       1.2       1.2       1.2       1.1       1.1       1.1       1.1        1.1

FUEL PRICES
  West Texas Intermediate Crude (Per Barrel)            $113.63   $112.13   $107.78   $102.04   $98.14    $96.19    $95.93    $97.73    $99.62    $100.44
  Ex-Tax Washington Diesel (Per Gallon)                   $3.73     $3.69     $3.58     $3.44    $3.33     $3.28     $3.28     $3.33     $3.40      $3.43
  Washington Retail Diesel (Per Gallon)                   $4.57     $4.54     $4.43     $4.29    $4.19     $4.14     $4.14     $4.19     $4.25      $4.29
  Washington Retail Gasoline (Per Gallon)                 $3.91     $3.89     $3.79     $3.65    $3.56     $3.53     $3.54     $3.60     $3.66      $3.69
    All Grades - All Services




                                                                              8
Motor Vehicle Fuel Tax Revenue
Biennial Comparison
September 2008 Forecast
                                                                BIENNIUM                  BIENNIUM                                                         BIENNIUM                 BIENNIUM
                                                                2007 - 2009               2007 - 2009                   Difference                         2009 - 2011              2009 - 2011                    Difference
                                                                 Sep 2008                  Jun 2008                 Value      Percentage                   Sep 2008                 Jun 2008                  Value      Percentage
GROSS FUEL TAX                                                 $2,511,591,576           $2,520,586,812           ($8,995,236)                  -0.36     $2,673,487,500           $2,695,537,500          ($22,050,000)                   -0.82
TOTAL REFUNDS AND TRANSFERS                                       134,550,940              137,140,014            (2,589,074)                  -1.89        135,883,194              136,262,980              (379,786)                   -0.28

GROSS GASOLINE TAX                                               1,952,100,589            1,949,661,563             2,439,026                   0.13       2,052,375,000            2,071,875,000           (19,500,000)                  -0.94
 Less: Non-Highway Refunds                                          11,476,724               11,456,577                20,146                   0.18          13,340,438               13,467,188              (126,750)                  -0.94
 Less: Tribal Reservation Refunds                                   18,696,852               18,761,889               (65,037)                 -0.35          19,800,221               19,963,527              (163,305)                  -0.82
 Less: Aeronautics Transfer #039                                       549,324                  548,033                 1,291                   0.24             574,660                  580,120                (5,460)                  -0.94
 Less: General Fund Transfer #001                                    1,221,640                1,251,093               (29,453)                 -2.35           1,358,867                1,301,037                57,829                    4.44
 Less: Marine Transfer #048 and #267                                10,082,340               10,070,055                12,285                   0.12          10,794,637               10,897,523              (102,886)                  -0.94
 Less: Outdoor Recreation Vehicle Transfer #268 and #01B            11,004,943               10,991,280                13,663                   0.12          11,774,174               11,886,837              (112,663)                  -0.95
 Less: Snowmobile #01M                                               2,008,571                2,008,571                     0                   0.00           2,151,948                2,151,948                     0                    0.00

NET GASOLINE TAX                                                 1,897,060,195            1,894,574,065             2,486,130                   0.13       1,992,580,056            2,011,626,821           (19,046,765)                  -0.95
                                                           -------------------------- ------------------------ ------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
GROSS SPECIAL FUEL TAX                                              559,490,986              570,925,249 (11,434,262)                          -2.00          621,112,500              623,662,500            (2,550,000)                 -0.41
 Less: Non-Highway Refunds                                            78,039,882              80,764,413           (2,724,531)                 -3.37           74,533,500               74,839,500              (306,000)                 -0.41
 Less: Tribal Reservation Refunds                                      1,470,664                1,288,102              182,562                 14.17             1,554,750                1,175,301               379,449                 32.29

NET SPECIAL FUEL TAX                                                479,980,441              488,872,734           (8,892,293)                 -1.82          545,024,250              547,647,699            (2,623,449)                 -0.48
                                                           -------------------------- ------------------------ ------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
TOTAL MOTOR FUEL TAX                                             2,377,040,636            2,383,446,799            (6,406,163)                 -0.27       2,537,604,306            2,559,274,520           (21,670,214)                  -0.85
                                                           -------------------------- ------------------------ ------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
LESS ADMINISTRATIVE EXPENSES:
  Department of Licensing #108                                       17,132,339               17,146,949              (14,610)                 -0.09           17,911,331               17,880,219                 31,112                  0.17
  State Treasurer #108                                                        0                        0                    0                                           0                        0                      0

TOTAL EXPENSES                                                        17,132,339              17,146,949               (14,610)                -0.09           17,911,331               17,880,219                 31,112                  0.17
                                                           -------------------------- ------------------------ ------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
NET FOR DISTRIBUTION                                             2,359,908,297            2,366,299,850            (6,391,553)                 -0.27       2,519,692,975            2,541,394,301           (21,701,326)                  -0.85
 1¢ Net for Distribution                                             64,751,746               64,928,907             (177,160)                 -0.27           67,191,813               67,770,515              (578,702)                 -0.85

  RCWs 82.36.025 (1),   82.38.030 (1)   - 23¢                    1,489,290,167            1,493,364,858           (4,074,691)                  -0.27       1,545,411,691            1,558,721,838           (13,310,147)                  -0.85
  RCWs 82.36.025 (2),   82.38.030 (2)   - 5¢                       323,758,732              324,644,534             (885,802)                  -0.27         335,959,063              338,852,573            (2,893,510)                  -0.85
  RCWs 82.36.025 (3),   82.38.030 (3)   - 3¢                       194,255,239              194,786,721             (531,481)                  -0.27         201,575,438              203,311,544            (1,736,106)                  -0.85
  RCWs 82.36.025 (4),   82.38.030 (4)   - 3¢                       194,255,239              194,786,721             (531,481)                  -0.27         201,575,438              203,311,544            (1,736,106)                  -0.85
  RCWs 82.36.025 (5),   82.38.030 (5)   - 2¢                       118,155,973              118,510,294             (354,321)                  -0.30         134,383,625              135,541,029            (1,157,404)                  -0.85
  RCWs 82.36.025 (6),   82.38.030 (6)   - 1.5¢                      40,192,946               40,206,721              (13,775)                  -0.03         100,787,719              101,655,772              (868,053)                  -0.85

TOTAL--TRANSPORTATION 2005 LEGISLATION (ESSB 6103)                 546,859,398              548,290,457           (1,431,059)                  -0.26         638,322,220              643,819,890            (5,497,669)                  -0.85

DISTRIBUTIONS

STATE
  GENERAL WSDOT & OTHER AGENCIES
    44.387% of 23¢, RCW 46.68.090(2)(a) #108                       661,051,226              662,859,860           (1,808,633)                  -0.27         685,961,887              691,869,862            (5,907,975)                  -0.85
  SPECIAL CATEGORY C
    3.2609% of 23¢ RCW 46.68.090(2)(b) #215                          48,564,263               48,697,135             (132,872)                 -0.27           50,394,330               50,828,360              (434,031)                 -0.85
  TRANSPORTATION 2003 ACCOUNT
    100% of 5¢, RCW 46.68.090(3)                                   323,758,732              324,644,534              (885,802)                 -0.27         335,959,063              338,852,573            (2,893,510)                  -0.85
  TRANSPORTATION PARTNERSHIP ACCOUNT
    83.3334% of 6¢ RCW 46.68.090(4)(c)(5)(c) and
    100% of 2¢ and 1.5¢ RCW 46.68.090(6)                           482,107,911              483,361,810           (1,253,899)                  -0.26         571,130,676              576,049,646            (4,918,970)                  -0.85

  TOTAL TO STATE                                                 1,515,482,132            1,519,563,338            (4,081,206)                 -0.27       1,643,445,957            1,657,600,442           (14,154,485)                  -0.85
                                                           -------------------------- ------------------------ ------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
    Plus: State Supervision, 1.5%, RCW 46.68.110(1) #108               7,656,279                7,677,226              (20,948)                -0.27             7,944,794                8,013,220               (68,426)                -0.85
    Plus: Studies, 0.33% RCW 46.68.110(2) #108                         1,684,381                1,688,990                (4,608)               -0.27             1,747,855                1,762,908               (15,054)                -0.85
    Plus: Withholding CRAB RCW 46.68.090(2)(h)                         1,869,225                1,869,225                       0               0.00             1,862,557                1,862,557                        0               0.00

  NET TO STATE                                                   1,526,692,017            1,530,798,780           (4,106,762)                  -0.27       1,655,001,162            1,669,239,127           (14,237,965)                  -0.85




                                                                                                     9
Motor Vehicle Fuel Tax Revenue
Biennial Comparison
September 2008 Forecast
                                                                BIENNIUM                  BIENNIUM                                                         BIENNIUM                 BIENNIUM
                                                                2007 - 2009               2007 - 2009                   Difference                         2009 - 2011              2009 - 2011                    Difference
                                                                 Sep 2008                  Jun 2008                 Value      Percentage                   Sep 2008                 Jun 2008                  Value      Percentage
WASHINGTON STATE FERRIES
 PUGET SOUND FERRY OPERATIONS ACCOUNT #109
   2.3283% of 23¢, RCW 46.68.090(2)(c)                             $34,675,143              $34,770,014               (94,871)                 -0.27         $35,981,820              $36,291,721               (309,900)                 -0.85
   Plus: RCW 46.080.68(5), Capron Act Redistributions                9,917,037                9,848,160                68,877                   0.70          10,607,957               10,699,444                (91,488)                 -0.86
 TOTAL TO FERRY OPERATIONS                                          44,592,179               44,618,174               (25,994)                 -0.06          46,589,777               46,991,165               (401,388)                 -0.85

  PUGET SOUND FERRY CONSTRUCTION ACCOUNT #099
   2.3726% of 23¢, RCW 46.68.090(2)(d)                               35,334,899               35,431,575              (96,676)                 -0.27           36,666,438               36,982,234              (315,797)                 -0.85

  TOTAL TO WASHINGTON STATE FERRIES                                   79,927,078              80,049,749             (122,671)                 -0.15           83,256,215               83,973,399              (717,184)                 -0.85
                                                           -------------------------- ------------------------ ------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
TRANSPORTATION IMPROVEMENT BOARD
   7.5597% of 23¢ to UATA RCW 46.68.090(2)(e) #112                 112,585,869              112,893,903              (308,034)                 -0.27         116,828,488              117,834,695            (1,006,207)                  -0.85
   5.6739% of 23¢ to TIA RCW 46.68.090(2)(f) #144                   84,500,835               84,732,029              (231,194)                 -0.27          87,685,114               88,440,318              (755,204)                  -0.85
   Plus: Small City Pavement and Sidewalk Account # 08M              1,916,717                1,921,961                (5,244)                 -0.27           1,988,946                2,006,076               (17,130)                  -0.85

  TOTAL TO TRANSPORTATION IMPROVEMENT BOARD                         199,003,421              199,547,893             (544,472)                 -0.27          206,502,547              208,281,089            (1,778,542)                 -0.85
                                                           -------------------------- ------------------------ ------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
CITIES
  REGULAR DISTRIBUTION
    10.6961% of 23¢ to Cities RCW 46.68.090(2)(g)                  159,295,966              159,731,799              (435,833)                 -0.27         165,298,780              166,722,447            (1,423,667)                  -0.85
  ESSB 6103 DISTRIBUTION
    8.3333% of 6¢ RCW 46.68.090(4)(a) and (5)(a)                     32,375,744               32,464,324              (88,580)                 -0.27           33,595,772               33,885,122              (289,350)                 -0.85

   Less: State Supervision, 1.5%, RCW 46.68.110(1)                   (2,875,076)              (2,882,942)                7,866                 -0.27           (2,983,418)              (3,009,114)                25,695                 -0.85
   Less: Studies, 0.33% RCW 46.68.110(2)                               (632,517)                (634,247)                1,731                 -0.27             (656,352)                (662,005)                 5,653                 -0.85
   Less: Small City Pavement and Sidewalk Account #08M               (1,916,717)              (1,921,961)                5,244                 -0.27           (1,988,946)              (2,006,076)                17,130                 -0.85
     RCW 46.68.110(3)
  NET TO CITIES                                                     186,247,400              186,756,972             (509,572)                 -0.27          193,265,836              194,930,374            (1,664,538)                 -0.85
                                                           -------------------------- ------------------------ ------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
COUNTIES
 REGULAR DISTRIBUTION
   19.2287% of 23¢ to Counties RCW 46.68.090(2)(h)                 286,371,138              287,154,649              (783,510)                 -0.27         297,162,578              299,721,946            (2,559,368)                  -0.85
 ESSB 6103 DISTRIBUTION
   8.3333% of 6¢ RCW 46.68.090(4)(b) and (5)(b)                      32,375,744               32,464,324              (88,580)                 -0.27           33,595,772               33,885,122              (289,350)                 -0.85

    Less: State Supervision, 1.5%, RCW 46.68.120(1)                  (4,781,203)              (4,794,285)               13,081                 -0.27           (4,961,375)              (5,004,106)                42,731                 -0.85
    Less: Studies, 0.33% RCW 46.68.120(3)                            (1,051,865)              (1,054,743)                2,878                 -0.27           (1,091,503)              (1,100,903)                 9,401                 -0.85
    Less: Withholding CRAB RCW 46.68.090(2)(h)                       (1,869,225)              (1,869,225)                    0                  0.00           (1,862,557)              (1,862,557)                     0                  0.00

  TOTAL AMOUNT ALLOCATED TO COUNTIES                               311,044,589              311,900,720              (856,131)                 -0.27         322,842,915              325,639,502            (2,796,587)                  -0.86
    Less: Amounts to Ferry Operations, RCW 46.080.68(5)             (9,917,037)              (9,848,160)              (68,877)                  0.70         (10,607,957)             (10,699,444)               91,488                   -0.86

  TOTAL NET TO COUNTIES                                            301,127,553              302,052,560              (925,007)                 -0.31         312,234,958              314,940,057            (2,705,099)                  -0.86

  REFUNDS TO COUNTIES
   To San Juan County RCW 46.080.68(1) Capron Act                   (4,726,118)              (4,711,401)             (14,717)                  0.31           (4,731,296)              (4,772,211)               40,916                  -0.86
   To Island County RCW 46.080.68(2) Capron Act                     (8,858,826)              (8,776,780)             (82,046)                  0.93           (8,525,746)              (8,599,164)               73,419                  -0.85
   To Pierce, Skagit, and Whatcom Counties RCW 47.56.725            (1,000,000)              (1,000,000)                   0                   0.00           (1,000,000)              (1,000,000)                    0                   0.00
  NET DISTRIBUTION TO COUNTIES                                     286,542,609              287,564,379           (1,021,770)                 -0.36          297,977,917              300,568,681            (2,590,764)                 -0.86

COUNTY ARTERIAL PRESERVATION
 1.9565% of 23¢ RCW 46.68.090(2)(i) #186                              29,137,962              29,217,683               (79,721)                -0.27           30,235,980               30,496,393              (260,413)                 -0.85
                                                           -------------------------- ------------------------ ------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
RURAL ARTERIAL PROGRAM
 2.5363% of 23¢ RCW 46.68.090(2)(j) #102                              37,772,867              37,876,213             (103,346)                 -0.27           39,196,277               39,533,862              (337,585)                 -0.85
                                                           -------------------------- ------------------------ ------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
NET FOR DISTRIBUTION                                             2,359,908,297            2,366,299,850            (6,391,553)                 -0.27       2,519,692,975            2,541,394,301           (21,701,326)                  -0.85




                                                                                                   10
Motor Vehicle Fuel Tax Revenue
Biennial Comparison
September 2008 Forecast
                                                               BIENNIUM                 BIENNIUM                                                          BIENNIUM                 BIENNIUM
                                                               2011 - 2013              2011 - 2013                    Difference                         2013 - 2015              2013 - 2015                    Difference
                                                                Sep 2008                 Jun 2008                  Value      Percentage                   Sep 2008                 Jun 2008                  Value      Percentage
GROSS FUEL TAX                                               $2,770,312,500           $2,848,500,000          ($78,187,500)                   -2.74     $2,875,650,000           $2,986,650,000 ($111,000,000)                           -3.72
TOTAL REFUNDS AND TRANSFERS                                     144,622,446              146,763,727            (2,141,282)                   -1.46        152,446,370              155,337,587    (2,891,217)                           -1.86

GROSS GASOLINE TAX                                             2,101,012,500           2,172,487,500            (71,475,000)                 -3.29        2,158,575,000           2,263,125,000          (104,550,000)                  -4.62
 Less: Non-Highway Refunds                                        13,656,581              14,121,169               (464,588)                 -3.29           14,030,738              14,710,313              (679,575)                  -4.62
 Less: Tribal Reservation Refunds                                 20,517,321              21,096,388               (579,068)                 -2.74           21,297,465              22,119,547              (822,081)                  -3.72
 Less: Aeronautics Transfer #039                                     588,279                 608,292                (20,013)                 -3.29              604,396                 633,670               (29,274)                  -4.62
 Less: General Fund Transfer #001                                  1,463,831               1,280,900                182,931                  14.28            1,508,631               1,255,457               253,174                   20.17
 Less: Marine Transfer #048 and #267                              11,554,646              11,947,915               (393,269)                 -3.29           11,915,334              12,492,450              (577,116)                  -4.62
 Less: Outdoor Recreation Vehicle Transfer #268 and #01B          12,601,104              13,031,942               (430,838)                 -3.31           12,992,743              13,625,173              (632,430)                  -4.64
 Less: Snowmobile #01M                                             2,313,626               2,313,626                      0                   0.00            2,375,747               2,375,747                     0                    0.00

NET GASOLINE TAX                                               2,038,317,112            2,108,087,267           (69,770,155)                  -3.31       2,093,849,946            2,195,912,644 (102,062,697)                           -4.65
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
GROSS SPECIAL FUEL TAX                                            669,300,000              676,012,500            (6,712,500)                 -0.99          717,075,000              723,525,000            (6,450,000)                 -0.89
 Less: Non-Highway Refunds                                         80,316,000               81,121,500              (805,500)                 -0.99           86,049,000               86,823,000              (774,000)                 -0.89
 Less: Tribal Reservation Refunds                                    1,611,058                1,241,995               369,063                 29.72             1,672,316                1,302,231               370,085                 28.42

NET SPECIAL FUEL TAX                                              587,372,942              593,649,005            (6,276,063)                 -1.06          629,353,684              635,399,769            (6,046,085)                 -0.95
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
TOTAL MOTOR FUEL TAX                                           2,625,690,054            2,701,736,273           (76,046,218)                  -2.81       2,723,203,630            2,831,312,413 (108,108,783)                           -3.82
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
LESS ADMINISTRATIVE EXPENSES:
  Department of Licensing #108                                     18,683,461               18,518,047               165,414                   0.89           19,459,282               19,198,476               260,806                   1.36
  State Treasurer #108                                                      0                        0                     0                                           0                        0                     0

TOTAL EXPENSES                                                     18,683,461               18,518,047                165,414                  0.89           19,459,282               19,198,476                260,806                  1.36
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
NET FOR DISTRIBUTION                                           2,607,006,593            2,683,218,226           (76,211,632)                  -2.84       2,703,744,348            2,812,113,937 (108,369,589)                           -3.85
 1¢ Net for Distribution                                           69,520,176               71,552,486            (2,032,310)                 -2.84           72,099,849               74,989,705            (2,889,856)                 -3.85

  RCWs 82.36.025 (1),   82.38.030 (1)   - 23¢                  1,598,964,044           1,645,707,178            (46,743,134)                  -2.84       1,658,296,534           1,724,763,215            (66,466,681)                  -3.85
  RCWs 82.36.025 (2),   82.38.030 (2)   - 5¢                     347,600,879             357,762,430            (10,161,551)                  -2.84         360,499,246             374,948,525            (14,449,279)                  -3.85
  RCWs 82.36.025 (3),   82.38.030 (3)   - 3¢                     208,560,527             214,657,458             (6,096,931)                  -2.84         216,299,548             224,969,115             (8,669,567)                  -3.85
  RCWs 82.36.025 (4),   82.38.030 (4)   - 3¢                     208,560,527             214,657,458             (6,096,931)                  -2.84         216,299,548             224,969,115             (8,669,567)                  -3.85
  RCWs 82.36.025 (5),   82.38.030 (5)   - 2¢                     139,040,352             143,104,972             (4,064,620)                  -2.84         144,199,699             149,979,410             (5,779,711)                  -3.85
  RCWs 82.36.025 (6),   82.38.030 (6)   - 1.5¢                   104,280,264             107,328,729             (3,048,465)                  -2.84         108,149,774             112,484,557             (4,334,784)                  -3.85

TOTAL--TRANSPORTATION 2005 LEGISLATION (ESSB 6103)               660,441,670              679,748,617           (19,306,947)                  -2.84         684,948,568              712,402,197           (27,453,629)                  -3.85

DISTRIBUTIONS

STATE
  GENERAL WSDOT & OTHER AGENCIES
    44.387% of 23¢, RCW 46.68.090(2)(a) #108                     709,732,170              730,480,045           (20,747,875)                  -2.84         736,068,082              765,570,648           (29,502,566)                  -3.85
  SPECIAL CATEGORY C
    3.2609% of 23¢ RCW 46.68.090(2)(b) #215                        52,140,619               53,664,865           (1,524,247)                  -2.84           54,075,392               56,242,804           (2,167,412)                  -3.85
  TRANSPORTATION 2003 ACCOUNT
    100% of 5¢, RCW 46.68.090(3)                                 347,600,879              357,762,430           (10,161,551)                  -2.84         360,499,246              374,948,525           (14,449,279)                  -3.85
  TRANSPORTATION PARTNERSHIP ACCOUNT
    83.3334% of 6¢ RCW 46.68.090(4)(c)(5)(c) and
    100% of 2¢ and 1.5¢ RCW 46.68.090(6)                         590,921,773              608,196,417           (17,274,645)                  -2.84         612,849,007              637,412,792           (24,563,785)                  -3.85

  TOTAL TO STATE                                               1,700,395,440            1,750,103,758           (49,708,318)                  -2.84       1,763,491,728            1,834,174,769           (70,683,041)                  -3.85
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
    Plus: State Supervision, 1.5%, RCW 46.68.110(1) #108             8,220,100                8,460,402             (240,301)                 -2.84             8,525,122                8,866,820             (341,698)                 -3.85
    Plus: Studies, 0.33% RCW 46.68.110(2) #108                       1,808,422                1,861,288               (52,866)                -2.84             1,875,527                1,950,700               (75,174)                -3.85
    Plus: Withholding CRAB RCW 46.68.090(2)(h)                       1,689,178                1,689,178                        0               0.00             1,520,800                1,520,800                        0                0.00

  NET TO STATE                                                 1,712,113,141            1,762,114,626           (50,001,485)                  -2.84       1,775,413,177            1,846,513,090           (71,099,913)                  -3.85




                                                                                                   11
Motor Vehicle Fuel Tax Revenue
Biennial Comparison
September 2008 Forecast
                                                               BIENNIUM                 BIENNIUM                                                          BIENNIUM                 BIENNIUM
                                                               2011 - 2013              2011 - 2013                    Difference                         2013 - 2015              2013 - 2015                    Difference
                                                                Sep 2008                 Jun 2008                  Value      Percentage                   Sep 2008                 Jun 2008                  Value      Percentage
WASHINGTON STATE FERRIES
 PUGET SOUND FERRY OPERATIONS ACCOUNT #109
   2.3283% of 23¢, RCW 46.68.090(2)(c)                           $37,228,680              $38,317,000            (1,088,320)                  -2.84         $38,610,118              $40,157,662            (1,547,544)                  -3.85
   Plus: RCW 46.080.68(5), Capron Act Redistributions             11,063,342               11,386,823              (323,481)                  -2.84          11,558,930               12,022,265              (463,334)                  -3.85
 TOTAL TO FERRY OPERATIONS                                        48,292,022               49,703,823            (1,411,801)                  -2.84          50,169,048               52,179,927            (2,010,878)                  -3.85

  PUGET SOUND FERRY CONSTRUCTION ACCOUNT #099
   2.3726% of 23¢, RCW 46.68.090(2)(d)                             37,937,021               39,046,049           (1,109,028)                  -2.84           39,344,744               40,921,732           (1,576,988)                  -3.85

  TOTAL TO WASHINGTON STATE FERRIES                                86,229,043               88,749,872            (2,520,829)                 -2.84           89,513,792               93,101,659            (3,587,867)                 -3.85
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
TRANSPORTATION IMPROVEMENT BOARD
   7.5597% of 23¢ to UATA RCW 46.68.090(2)(e) #112               120,876,885              124,410,526            (3,533,641)                  -2.84         125,362,243              130,386,925            (5,024,682)                  -3.85
   5.6739% of 23¢ to TIA RCW 46.68.090(2)(f) #144                 90,723,621               93,375,780            (2,652,159)                  -2.84          94,090,087               97,861,340            (3,771,253)                  -3.85
   Plus: Small City Pavement and Sidewalk Account # 08M            2,057,867                2,118,026               (60,158)                  -2.84           2,134,228                2,219,771               (85,543)                  -3.85

  TOTAL TO TRANSPORTATION IMPROVEMENT BOARD                       213,658,373              219,904,331            (6,245,958)                 -2.84          221,586,558              230,468,036            (8,881,477)                 -3.85
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
CITIES
  REGULAR DISTRIBUTION
    10.6961% of 23¢ to Cities RCW 46.68.090(2)(g)                171,026,793              176,026,486            (4,999,692)                  -2.84         177,373,056              184,482,398            (7,109,343)                  -3.85
  ESSB 6103 DISTRIBUTION
    8.3333% of 6¢ RCW 46.68.090(4)(a) and (5)(a)                   34,759,949               35,776,100           (1,016,151)                  -2.84           36,049,780               37,494,703           (1,444,922)                  -3.85

   Less: State Supervision, 1.5%, RCW 46.68.110(1)                 (3,086,801)              (3,177,039)               90,238                  -2.84           (3,201,343)              (3,329,657)              128,314                  -3.85
   Less: Studies, 0.33% RCW 46.68.110(2)                             (679,096)                (698,949)               19,852                  -2.84             (704,295)                (732,524)               28,229                  -3.85
   Less: Small City Pavement and Sidewalk Account #08M             (2,057,867)              (2,118,026)               60,158                  -2.84           (2,134,228)              (2,219,771)               85,543                  -3.85
     RCW 46.68.110(3)
  NET TO CITIES                                                   199,962,977              205,808,572            (5,845,595)                 -2.84          207,382,970              215,695,149            (8,312,179)                 -3.85
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
COUNTIES
 REGULAR DISTRIBUTION
   19.2287% of 23¢ to Counties RCW 46.68.090(2)(h)               307,459,999              316,448,096            (8,988,097)                  -2.84         318,868,866              331,649,544           (12,780,679)                  -3.85
 ESSB 6103 DISTRIBUTION
   8.3333% of 6¢ RCW 46.68.090(4)(b) and (5)(b)                    34,759,949               35,776,100           (1,016,151)                  -2.84           36,049,780               37,494,703           (1,444,922)                  -3.85

    Less: State Supervision, 1.5%, RCW 46.68.120(1)                (5,133,299)              (5,283,363)              150,064                  -2.84           (5,323,780)              (5,537,164)              213,384                  -3.85
    Less: Studies, 0.33% RCW 46.68.120(3)                          (1,129,326)              (1,162,340)               33,014                  -2.84           (1,171,232)              (1,218,176)               46,944                  -3.85
    Less: Withholding CRAB RCW 46.68.090(2)(h)                     (1,689,178)              (1,689,178)                    0                   0.00           (1,520,800)              (1,520,800)                    0                   0.00

  TOTAL AMOUNT ALLOCATED TO COUNTIES                             334,268,145              344,089,315            (9,821,170)                  -2.85         346,902,835              360,868,107           (13,965,272)                  -3.87
    Less: Amounts to Ferry Operations, RCW 46.080.68(5)          (11,063,342)             (11,386,823)              323,481                   -2.84         (11,558,930)             (12,022,265)              463,334                   -3.85

  TOTAL NET TO COUNTIES                                          323,204,803              332,702,492            (9,497,689)                  -2.85         335,343,905              348,845,842           (13,501,938)                  -3.87

  REFUNDS TO COUNTIES
   To San Juan County RCW 46.080.68(1) Capron Act                 (4,971,837)              (5,117,235)              145,398                  -2.84           (5,225,586)              (5,435,063)             209,477                   -3.85
   To Island County RCW 46.080.68(2) Capron Act                   (8,854,311)              (9,113,176)              258,864                  -2.84           (9,219,912)              (9,589,476)             369,565                   -3.85
   To Pierce, Skagit, and Whatcom Counties RCW 47.56.725          (1,000,000)              (1,000,000)                    0                   0.00           (1,000,000)              (1,000,000)                   0                    0.00
  NET DISTRIBUTION TO COUNTIES                                   308,378,655              317,472,082            (9,093,427)                 -2.86          319,898,407              332,821,304          (12,922,897)                  -3.88

COUNTY ARTERIAL PRESERVATION
 1.9565% of 23¢ RCW 46.68.090(2)(i) #186                           31,283,732               32,198,261              (914,529)                 -2.84           32,444,572               33,744,992            (1,300,421)                 -3.85
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
RURAL ARTERIAL PROGRAM
 2.5363% of 23¢ RCW 46.68.090(2)(j) #102                           40,554,525               41,740,071            (1,185,546)                 -2.84           42,059,375               43,745,169            (1,685,794)                 -3.85
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
NET FOR DISTRIBUTION                                           2,607,006,593            2,683,218,226           (76,211,632)                  -2.84       2,703,744,348            2,812,113,937 (108,369,589)                           -3.85




                                                                                                   12
Motor Vehicle Fuel Tax Revenue
Biennial Comparison
September 2008 Forecast
                                                               BIENNIUM                 BIENNIUM                                                          BIENNIUM                 BIENNIUM                                                          BIENNIUM                 BIENNIUM
                                                               2015 - 2017              2015 - 2017                   Difference                          2017 - 2019              2017 - 2019                    Difference                         2019 - 2021              2019 - 2021                    Difference
                                                                Sep 2008                 Jun 2008                 Value      Percentage                    Sep 2008                 Jun 2008                  Value      Percentage                   Sep 2008                 Jun 2008                  Value      Percentage
GROSS FUEL TAX                                               $2,989,650,000           $3,101,925,000 ($112,275,000)                           -3.62     $3,113,925,000           $3,205,762,500          ($91,837,500)                   -2.86     $3,244,612,500           $3,306,862,500          ($62,250,000)                   -1.88
TOTAL REFUNDS AND TRANSFERS                                     160,559,197              163,473,085    (2,913,888)                           -1.78        169,215,561              171,628,306            (2,412,745)                   -1.41        177,943,596              179,618,295            (1,674,699)                   -0.93

GROSS GASOLINE TAX                                            2,223,037,500            2,328,937,500          (105,900,000)                  -4.55        2,294,662,500           2,380,275,000            (85,612,500)                 -3.60        2,373,675,000           2,429,775,000            (56,100,000)                  -2.31
 Less: Non-Highway Refunds                                       14,449,744               15,138,094              (688,350)                  -4.55           14,915,306              15,471,788               (556,481)                 -3.60           15,428,888              15,793,538               (364,650)                  -2.31
 Less: Tribal Reservation Refunds                                22,141,765               22,973,289              (831,524)                  -3.62           23,062,163              23,742,324               (680,161)                 -2.86           24,030,053              24,491,085               (461,032)                  -1.88
 Less: Aeronautics Transfer #039                                    622,446                  652,098               (29,652)                  -4.55              642,501                 666,472                (23,972)                 -3.60              664,624                 680,332                (15,708)                  -2.31
 Less: General Fund Transfer #001                                 1,527,731                1,287,990               239,740                   18.61            1,503,856               1,331,562                172,294                  12.94            1,482,799               1,374,007                108,792                    7.92
 Less: Marine Transfer #048 and #267                             12,271,167               12,855,735              (584,568)                  -4.55           12,666,537              13,139,118               (472,581)                 -3.60           13,102,686              13,412,358               (309,672)                  -2.31
 Less: Outdoor Recreation Vehicle Transfer #268 and #01B         13,379,152               14,019,805              (640,653)                  -4.57           13,808,702              14,326,662               (517,960)                 -3.62           14,282,921              14,622,385               (339,464)                  -2.32
 Less: Snowmobile #01M                                            2,435,081                2,435,081                     0                    0.00            2,494,113               2,494,113                      0                   0.00            2,552,242               2,552,242                      0                    0.00

NET GASOLINE TAX                                               2,156,210,415            2,259,575,408 (103,364,993)                           -4.57       2,225,569,323            2,309,102,962           (83,533,639)                  -3.62       2,302,130,788            2,356,849,054           (54,718,266)                  -2.32
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
GROSS SPECIAL FUEL TAX                                            766,612,500              772,987,500            (6,375,000)                 -0.82          819,262,500              825,487,500            (6,225,000)                 -0.75          870,937,500              877,087,500            (6,150,000)                 -0.70
 Less: Non-Highway Refunds                                         91,993,500               92,758,500              (765,000)                 -0.82           98,311,500               99,058,500              (747,000)                 -0.75          104,512,500              105,250,500              (738,000)                 -0.70
 Less: Tribal Reservation Refunds                                    1,738,612                1,352,493               386,120                 28.55             1,810,883                1,397,767               413,116                 29.56             1,886,884                1,441,849               445,035                 30.87

NET SPECIAL FUEL TAX                                              672,880,388              678,876,507            (5,996,120)                 -0.88          719,140,117              725,031,233            (5,891,116)                 -0.81          764,538,116              770,395,151            (5,857,035)                 -0.76
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
TOTAL MOTOR FUEL TAX                                           2,829,090,803            2,938,451,915 (109,361,112)                           -3.72       2,944,709,439            3,034,134,194           (89,424,755)                  -2.95       3,066,668,904            3,127,244,205           (60,575,301)                  -1.94
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
LESS ADMINISTRATIVE EXPENSES:
  Department of Licensing #108                                     20,250,018               19,953,191               296,827                   1.49           21,065,031               20,768,570               296,461                   1.43           21,915,991               21,623,692               292,299                   1.35
  State Treasurer #108                                                      0                        0                     0                                           0                        0                     0                                           0                        0                     0

TOTAL EXPENSES                                                     20,250,018               19,953,191                296,827                  1.49           21,065,031               20,768,570                296,461                  1.43           21,915,991               21,623,692                292,299                  1.35
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
NET FOR DISTRIBUTION                                           2,808,840,785            2,918,498,724 (109,657,939)                           -3.76       2,923,644,408            3,013,365,624           (89,721,216)                  -2.98       3,044,752,913            3,105,620,513           (60,867,600)                  -1.96
 1¢ Net for Distribution                                           74,902,421               77,826,633            (2,924,212)                 -3.76           77,963,851               80,356,417            (2,392,566)                 -2.98           81,193,411               82,816,547            (1,623,136)                 -1.96

  RCWs 82.36.025 (1),   82.38.030 (1)   - 23¢                 1,722,755,681            1,790,012,551           (67,256,870)                   -3.76      1,793,168,570            1,848,197,583            (55,029,012)                  -2.98       1,867,448,453           1,904,780,581            (37,332,128)                  -1.96
  RCWs 82.36.025 (2),   82.38.030 (2)   - 5¢                    374,512,105              389,133,163           (14,621,059)                   -3.76        389,819,254              401,782,083            (11,962,829)                  -2.98         405,967,055             414,082,735             (8,115,680)                  -1.96
  RCWs 82.36.025 (3),   82.38.030 (3)   - 3¢                    224,707,263              233,479,898            (8,772,635)                   -3.76        233,891,553              241,069,250             (7,177,697)                  -2.98         243,580,233             248,449,641             (4,869,408)                  -1.96
  RCWs 82.36.025 (4),   82.38.030 (4)   - 3¢                    224,707,263              233,479,898            (8,772,635)                   -3.76        233,891,553              241,069,250             (7,177,697)                  -2.98         243,580,233             248,449,641             (4,869,408)                  -1.96
  RCWs 82.36.025 (5),   82.38.030 (5)   - 2¢                    149,804,842              155,653,265            (5,848,423)                   -3.76        155,927,702              160,712,833             (4,785,132)                  -2.98         162,386,822             165,633,094             (3,246,272)                  -1.96
  RCWs 82.36.025 (6),   82.38.030 (6)   - 1.5¢                  112,353,631              116,739,949            (4,386,318)                   -3.76        116,945,776              120,534,625             (3,588,849)                  -2.98         121,790,117             124,224,821             (2,434,704)                  -1.96

TOTAL--TRANSPORTATION 2005 LEGISLATION (ESSB 6103)               711,572,999              739,353,010           (27,780,011)                  -3.76         740,656,583              763,385,958           (22,729,375)                  -2.98         771,337,405              786,757,197           (15,419,792)                  -1.96

DISTRIBUTIONS

STATE
  GENERAL WSDOT & OTHER AGENCIES
    44.387% of 23¢, RCW 46.68.090(2)(a) #108                     764,679,564              794,532,871           (29,853,307)                  -3.76         795,933,733              820,359,461           (24,425,728)                  -2.98         828,904,345              845,474,957           (16,570,612)                  -1.96
  SPECIAL CATEGORY C
    3.2609% of 23¢ RCW 46.68.090(2)(b) #215                        56,177,340               58,370,519           (2,193,179)                  -3.76           58,473,434               60,267,875           (1,794,441)                  -2.98           60,895,627               62,112,990           (1,217,363)                  -1.96
  TRANSPORTATION 2003 ACCOUNT
    100% of 5¢, RCW 46.68.090(3)                                 374,512,105              389,133,163           (14,621,059)                  -3.76         389,819,254              401,782,083           (11,962,829)                  -2.98         405,967,055              414,082,735            (8,115,680)                  -1.96
  TRANSPORTATION PARTNERSHIP ACCOUNT
    83.3334% of 6¢ RCW 46.68.090(4)(c)(5)(c) and
    100% of 2¢ and 1.5¢ RCW 46.68.090(6)                         636,670,878              661,526,689           (24,855,811)                  -3.76         662,693,044              683,029,863           (20,336,819)                  -2.98         690,144,318              703,940,981           (13,796,662)                  -1.96

  TOTAL TO STATE                                               1,832,039,887            1,903,563,242           (71,523,356)                  -3.76       1,906,919,466            1,965,439,282           (58,519,816)                  -2.98       1,985,911,345            2,025,611,662           (39,700,317)                  -1.96
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
    Plus: State Supervision, 1.5%, RCW 46.68.110(1) #108             8,856,500                9,202,260             (345,760)                 -3.76             9,218,485                9,501,383             (282,898)                 -2.98             9,600,350                9,792,270             (191,920)                 -1.96
    Plus: Studies, 0.33% RCW 46.68.110(2) #108                       1,948,430                2,024,497               (76,067)                -3.76             2,028,067                2,090,304               (62,238)                -2.98             2,112,077                2,154,299               (42,222)                -1.96
    Plus: Withholding CRAB RCW 46.68.090(2)(h)                       1,520,800                1,520,800                        0               0.00             1,520,800                1,520,800                        0               0.00             1,520,800                1,520,800                        0               0.00

  NET TO STATE                                                 1,844,365,616            1,916,310,800           (71,945,183)                  -3.75       1,919,686,817            1,978,551,769           (58,864,952)                  -2.98       1,999,144,571            2,039,079,032           (39,934,460)                  -1.96




                                                                                                                                                13
Motor Vehicle Fuel Tax Revenue
Biennial Comparison
September 2008 Forecast
                                                               BIENNIUM                 BIENNIUM                                                          BIENNIUM                 BIENNIUM                                                          BIENNIUM                 BIENNIUM
                                                               2015 - 2017              2015 - 2017                   Difference                          2017 - 2019              2017 - 2019                    Difference                         2019 - 2021              2019 - 2021                    Difference
                                                                Sep 2008                 Jun 2008                 Value      Percentage                    Sep 2008                 Jun 2008                  Value      Percentage                   Sep 2008                 Jun 2008                  Value      Percentage
WASHINGTON STATE FERRIES
 PUGET SOUND FERRY OPERATIONS ACCOUNT #109
   2.3283% of 23¢, RCW 46.68.090(2)(c)                           $40,110,921              $41,676,862            (1,565,942)                  -3.76         $41,750,344              $43,031,584            (1,281,240)                  -2.98         $43,479,802              $44,349,006              (869,204)                  -1.96
   Plus: RCW 46.080.68(5), Capron Act Redistributions             12,106,978               12,579,609              (472,631)                  -3.76          12,705,495               13,095,322              (389,828)                  -2.98          13,337,570               13,604,163              (266,593)                  -1.96
 TOTAL TO FERRY OPERATIONS                                        52,217,898               54,256,471            (2,038,573)                  -3.76          54,455,839               56,126,907            (1,671,068)                  -2.98          56,817,373               57,953,169            (1,135,796)                  -1.96

  PUGET SOUND FERRY CONSTRUCTION ACCOUNT #099
   2.3726% of 23¢, RCW 46.68.090(2)(d)                             40,874,101               42,469,838           (1,595,736)                  -3.76           42,544,718               43,850,336           (1,305,618)                  -2.98           44,307,082               45,192,824              (885,742)                 -1.96

  TOTAL TO WASHINGTON STATE FERRIES                                93,092,000               96,726,309            (3,634,309)                 -3.76           97,000,556               99,977,243            (2,976,687)                 -2.98          101,124,455              103,145,993            (2,021,539)                 -1.96
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
TRANSPORTATION IMPROVEMENT BOARD
   7.5597% of 23¢ to UATA RCW 46.68.090(2)(e) #112               130,235,161              135,319,579            (5,084,418)                  -3.76         135,558,164              139,718,193            (4,160,028)                  -2.98         141,173,501              143,995,698            (2,822,197)                  -1.96
   5.6739% of 23¢ to TIA RCW 46.68.090(2)(f) #144                 97,747,435              101,563,522            (3,816,088)                  -3.76         101,742,592              104,864,883            (3,122,291)                  -2.98         105,957,158              108,075,345            (2,118,188)                  -1.96
   Plus: Small City Pavement and Sidewalk Account # 08M            2,217,187                2,303,747               (86,560)                  -3.76           2,307,809                2,378,631               (70,822)                  -2.98           2,403,407                2,451,453               (48,046)                  -1.96

  TOTAL TO TRANSPORTATION IMPROVEMENT BOARD                       230,199,783              239,186,848            (8,987,065)                 -3.76          239,608,565              246,961,706            (7,353,142)                 -2.98          249,534,065              254,522,496            (4,988,431)                 -1.96
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
CITIES
  REGULAR DISTRIBUTION
    10.6961% of 23¢ to Cities RCW 46.68.090(2)(g)                184,267,670              191,461,532            (7,193,862)                  -3.76         191,799,103              197,685,062            (5,885,958)                  -2.98         199,744,154              203,737,236            (3,993,082)                  -1.96
  ESSB 6103 DISTRIBUTION
    8.3333% of 6¢ RCW 46.68.090(4)(a) and (5)(a)                   37,451,061               38,913,161           (1,462,100)                  -3.76           38,981,770               40,178,048           (1,196,278)                  -2.98           40,596,543               41,408,108              (811,565)                 -1.96

   Less: State Supervision, 1.5%, RCW 46.68.110(1)                 (3,325,781)              (3,455,620)              129,839                  -3.76           (3,461,713)              (3,567,947)              106,234                  -2.98           (3,605,110)              (3,677,180)                72,070                 -1.96
   Less: Studies, 0.33% RCW 46.68.110(2)                             (731,672)                (760,236)               28,565                  -3.76             (761,577)                (784,948)               23,371                  -2.98             (793,124)                (808,980)                15,855                 -1.96
   Less: Small City Pavement and Sidewalk Account #08M             (2,217,187)              (2,303,747)               86,560                  -3.76           (2,307,809)              (2,378,631)               70,822                  -2.98           (2,403,407)              (2,451,453)                48,046                 -1.96
     RCW 46.68.110(3)
  NET TO CITIES                                                   215,444,091              223,855,089            (8,410,998)                 -3.76          224,249,774              231,131,583            (6,881,809)                 -2.98          233,539,055              238,207,730            (4,668,675)                 -1.96
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
COUNTIES
 REGULAR DISTRIBUTION
   19.2287% of 23¢ to Counties RCW 46.68.090(2)(h)               331,263,522              344,196,143           (12,932,622)                  -3.76         344,803,005              355,384,369           (10,581,364)                  -2.98         359,086,061              366,264,544            (7,178,483)                  -1.96
 ESSB 6103 DISTRIBUTION
   8.3333% of 6¢ RCW 46.68.090(4)(b) and (5)(b)                    37,451,061               38,913,161           (1,462,100)                  -3.76           38,981,770               40,178,048           (1,196,278)                  -2.98           40,596,543               41,408,108              (811,565)                 -1.96

    Less: State Supervision, 1.5%, RCW 46.68.120(1)                (5,530,719)              (5,746,640)              215,921                  -3.76           (5,756,772)              (5,933,436)              176,665                  -2.98           (5,995,239)              (6,115,090)              119,851                  -1.96
    Less: Studies, 0.33% RCW 46.68.120(3)                          (1,216,758)              (1,264,261)               47,503                  -3.76           (1,266,490)              (1,305,356)               38,866                  -2.98           (1,318,953)              (1,345,320)               26,367                  -1.96
    Less: Withholding CRAB RCW 46.68.090(2)(h)                     (1,520,800)              (1,520,800)                    0                   0.00           (1,520,800)              (1,520,800)                    0                   0.00           (1,520,800)              (1,520,800)                    0                   0.00

  TOTAL AMOUNT ALLOCATED TO COUNTIES                             360,446,306              374,577,604           (14,131,298)                  -3.77         375,240,713              386,802,824           (11,562,111)                  -2.99         390,847,612              398,691,442            (7,843,830)                  -1.97
    Less: Amounts to Ferry Operations, RCW 46.080.68(5)          (12,106,978)             (12,579,609)              472,631                   -3.76         (12,705,495)             (13,095,322)              389,828                   -2.98         (13,337,570)             (13,604,163)              266,593                   -1.96

  TOTAL NET TO COUNTIES                                          348,339,328              361,997,995           (13,658,667)                  -3.77         362,535,218              373,707,502           (11,172,283)                  -2.99         377,510,042              385,087,279            (7,577,237)                  -1.97

  REFUNDS TO COUNTIES
   To San Juan County RCW 46.080.68(1) Capron Act                 (5,492,065)              (5,706,461)             214,396                   -3.76           (5,777,871)              (5,955,135)             177,264                   -2.98           (6,079,230)              (6,200,737)              121,507                  -1.96
   To Island County RCW 46.080.68(2) Capron Act                   (9,638,342)             (10,014,606)             376,264                   -3.76          (10,100,519)             (10,410,432)             309,914                   -2.98          (10,589,081)             (10,800,741)              211,660                  -1.96
   To Pierce, Skagit, and Whatcom Counties RCW 47.56.725          (1,000,000)              (1,000,000)                   0                    0.00           (1,000,000)              (1,000,000)                   0                    0.00           (1,000,000)              (1,000,000)                    0                   0.00
  NET DISTRIBUTION TO COUNTIES                                   332,208,921              345,276,928          (13,068,007)                  -3.78          345,656,829              356,341,934          (10,685,105)                  -3.00          359,841,731              367,085,800            (7,244,070)                 -1.97

COUNTY ARTERIAL PRESERVATION
 1.9565% of 23¢ RCW 46.68.090(2)(i) #186                           33,705,715               35,021,596            (1,315,881)                 -3.76           35,083,343               36,159,986            (1,076,643)                 -2.98           36,536,629               37,267,032              (730,403)                 -1.96
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
RURAL ARTERIAL PROGRAM
 2.5363% of 23¢ RCW 46.68.090(2)(j) #102                           43,694,252               45,400,088            (1,705,836)                 -3.76           45,480,134               46,875,835            (1,395,701)                 -2.98           47,364,095               48,310,950              (946,855)                 -1.96
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------ -------------------- -------------------
NET FOR DISTRIBUTION                                           2,808,840,785            2,918,498,724 (109,657,939)                           -3.76       2,923,644,408            3,013,365,624           (89,721,216)                  -2.98       3,044,752,913            3,105,620,513           (60,867,600)                  -1.96




                                                                                                                                                14
Motor Vehicle Fuel Tax Revenue
Biennial Comparison
September 2008 Forecast
                                                               BIENNIUM                 BIENNIUM                                                          BIENNIUM                    BIENNIUM
                                                               2021 - 2023              2021 - 2023                   Difference                          2023 - 2025                 2023 - 2025                        Difference
                                                                Sep 2008                 Jun 2008                 Value      Percentage                    Sep 2008                    Jun 2008                     Value       Percentage
GROSS FUEL TAX                                               $3,347,962,500           $3,407,250,000          ($59,287,500)                   -1.74     $3,436,087,500                 $3,510,337,500          ($74,250,000)                    -2.12
TOTAL REFUNDS AND TRANSFERS                                     185,978,327              187,538,391            (1,560,063)                   -0.83        193,886,359                    195,778,854            (1,892,495)                    -0.97

GROSS GASOLINE TAX                                            2,425,687,500            2,478,937,500           (53,250,000)                   -2.15      2,459,625,000                   2,527,912,500           (68,287,500)                  -2.70
 Less: Non-Highway Refunds                                       15,766,969               16,113,094              (346,125)                   -2.15         15,987,563                      16,431,431              (443,869)                  -2.70
 Less: Tribal Reservation Refunds                                24,795,477               25,234,569              (439,091)                   -1.74         25,448,143                      25,998,049              (549,906)                  -2.12
 Less: Aeronautics Transfer #039                                    679,188                  694,098               (14,910)                   -2.15            688,690                         707,811               (19,121)                  -2.70
 Less: General Fund Transfer #001                                 1,524,236                1,404,807               119,430                     8.50          1,592,860                       1,434,377               158,484                   11.05
 Less: Marine Transfer #048 and #267                             13,389,795               13,683,735              (293,940)                   -2.15         13,577,130                      13,954,077              (376,947)                  -2.70
 Less: Outdoor Recreation Vehicle Transfer #268 and #01B         14,593,812               14,916,105              (322,293)                   -2.16         14,795,217                      15,208,522              (413,304)                  -2.72
 Less: Snowmobile #01M                                            2,608,864                2,608,864                     0                     0.00          2,623,020                       2,623,020                     0                    0.00

NET GASOLINE TAX                                               2,352,329,159            2,404,282,229           (51,953,070)                  -2.16       2,384,912,376                   2,451,555,213          (66,642,837)                   -2.72
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------------ -------------------- --------------------
GROSS SPECIAL FUEL TAX                                            922,275,000              928,312,500            (6,037,500)                 -0.65          976,462,500                    982,425,000            (5,962,500)                  -0.61
 Less: Non-Highway Refunds                                        110,673,000              111,397,500              (724,500)                 -0.65          117,175,500                    117,891,000              (715,500)                  -0.61
 Less: Tribal Reservation Refunds                                    1,946,986                1,485,619               461,367                 31.06             1,998,235                       1,530,567              467,668                  30.56

NET SPECIAL FUEL TAX                                              809,655,014              815,429,381            (5,774,367)                 -0.71          857,288,765                    863,003,433            (5,714,668)                  -0.66
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------------ -------------------- --------------------
TOTAL MOTOR FUEL TAX                                           3,161,984,173            3,219,711,609           (57,727,437)                  -1.79       3,242,201,141                   3,314,558,646          (72,357,505)                   -2.18
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------------ -------------------- --------------------
LESS ADMINISTRATIVE EXPENSES:
  Department of Licensing #108                                     22,797,045               22,464,781               332,264                   1.48           23,702,414                     23,331,030               371,384                    1.59
  State Treasurer #108                                                      0                        0                     0                                           0                              0                     0

TOTAL EXPENSES                                                     22,797,045               22,464,781                332,264                  1.48           23,702,414                      23,331,030               371,384                   1.59
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------------ -------------------- --------------------
NET FOR DISTRIBUTION                                           3,139,187,128            3,197,246,828           (58,059,701)                  -1.82       3,218,498,727                   3,291,227,616          (72,728,889)                   -2.21
 1¢ Net for Distribution                                           83,711,657               85,259,915            (1,548,259)                 -1.82           85,826,633                      87,766,070           (1,939,437)                  -2.21

  RCWs 82.36.025 (1),   82.38.030 (1)   - 23¢                 1,925,368,105            1,960,978,055           (35,609,950)                   -1.82      1,974,012,553                   2,018,619,604           (44,607,052)                   -2.21
  RCWs 82.36.025 (2),   82.38.030 (2)   - 5¢                    418,558,284              426,299,577            (7,741,293)                   -1.82        429,133,164                     438,830,349            (9,697,185)                   -2.21
  RCWs 82.36.025 (3),   82.38.030 (3)   - 3¢                    251,134,970              255,779,746            (4,644,776)                   -1.82        257,479,898                     263,298,209            (5,818,311)                   -2.21
  RCWs 82.36.025 (4),   82.38.030 (4)   - 3¢                    251,134,970              255,779,746            (4,644,776)                   -1.82        257,479,898                     263,298,209            (5,818,311)                   -2.21
  RCWs 82.36.025 (5),   82.38.030 (5)   - 2¢                    167,423,313              170,519,831            (3,096,517)                   -1.82        171,653,265                     175,532,140            (3,878,874)                   -2.21
  RCWs 82.36.025 (6),   82.38.030 (6)   - 1.5¢                  125,567,485              127,889,873            (2,322,388)                   -1.82        128,739,949                     131,649,105            (2,909,156)                   -2.21

TOTAL--TRANSPORTATION 2005 LEGISLATION (ESSB 6103)               795,260,739              809,969,196          (14,708,457)                   -1.82         815,353,011                    833,777,663           (18,424,652)                   -2.21

DISTRIBUTIONS

STATE
  GENERAL WSDOT & OTHER AGENCIES
    44.387% of 23¢, RCW 46.68.090(2)(a) #108                     854,613,141              870,419,329          (15,806,188)                   -1.82         876,204,952                    896,004,684           (19,799,732)                   -2.21
  SPECIAL CATEGORY C
    3.2609% of 23¢ RCW 46.68.090(2)(b) #215                        62,784,329               63,945,533           (1,161,205)                  -1.82           64,370,575                     65,825,167           (1,454,591)                   -2.21
  TRANSPORTATION 2003 ACCOUNT
    100% of 5¢, RCW 46.68.090(3)                                 418,558,284              426,299,577            (7,741,293)                  -1.82         429,133,164                    438,830,349            (9,697,185)                   -2.21
  TRANSPORTATION PARTNERSHIP ACCOUNT
    83.3334% of 6¢ RCW 46.68.090(4)(c)(5)(c) and
    100% of 2¢ and 1.5¢ RCW 46.68.090(6)                         711,549,417              724,709,622          (13,160,205)                   -1.82         729,526,721                    746,011,944           (16,485,223)                   -2.21

  TOTAL TO STATE                                               2,047,505,170            2,085,374,062           (37,868,892)                  -1.82       2,099,235,412                   2,146,672,143          (47,436,731)                   -2.21
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------------ -------------------- --------------------
    Plus: State Supervision, 1.5%, RCW 46.68.110(1) #108             9,898,108              10,081,175              (183,067)                 -1.82           10,148,184                      10,377,504             (229,320)                  -2.21
    Plus: Studies, 0.33% RCW 46.68.110(2) #108                       2,177,584                2,217,859               (40,275)                -1.82             2,232,600                       2,283,051              (50,450)                 -2.21
    Plus: Withholding CRAB RCW 46.68.090(2)(h)                       1,520,800                1,520,800                        0               0.00             1,520,800                       1,520,800                       0                0.00

  NET TO STATE                                                 2,061,101,662            2,099,193,895          (38,092,233)                   -1.81       2,113,136,997                  2,160,853,498           (47,716,502)                   -2.21




                                                                                                      15
Motor Vehicle Fuel Tax Revenue
Biennial Comparison
September 2008 Forecast
                                                               BIENNIUM                 BIENNIUM                                                          BIENNIUM                    BIENNIUM
                                                               2021 - 2023              2021 - 2023                   Difference                          2023 - 2025                 2023 - 2025                        Difference
                                                                Sep 2008                 Jun 2008                 Value      Percentage                    Sep 2008                    Jun 2008                     Value       Percentage
WASHINGTON STATE FERRIES
 PUGET SOUND FERRY OPERATIONS ACCOUNT #109
   2.3283% of 23¢, RCW 46.68.090(2)(c)                           $44,828,346              $45,657,452              (829,106)                  -1.82         $45,960,934                    $46,999,520            (1,038,586)                   -2.21
   Plus: RCW 46.080.68(5), Capron Act Redistributions             13,854,238               14,110,492              (256,253)                  -1.82          14,308,458                     14,631,805              (323,348)                   -2.21
 TOTAL TO FERRY OPERATIONS                                        58,682,584               59,767,944            (1,085,360)                  -1.82          60,269,392                     61,631,326            (1,361,934)                   -2.21

  PUGET SOUND FERRY CONSTRUCTION ACCOUNT #099
   2.3726% of 23¢, RCW 46.68.090(2)(d)                             45,681,284               46,526,165              (844,882)                 -1.82           46,835,422                     47,893,769           (1,058,347)                   -2.21

  TOTAL TO WASHINGTON STATE FERRIES                               104,363,868              106,294,109            (1,930,241)                 -1.82          107,104,814                    109,525,094            (2,420,280)                  -2.21
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------------ -------------------- --------------------
TRANSPORTATION IMPROVEMENT BOARD
   7.5597% of 23¢ to UATA RCW 46.68.090(2)(e) #112               145,552,053              148,244,058            (2,692,005)                  -1.82         149,229,427                    152,601,586            (3,372,159)                   -2.21
   5.6739% of 23¢ to TIA RCW 46.68.090(2)(f) #144                109,243,461              111,263,934            (2,020,473)                  -1.82         112,003,498                    114,534,458            (2,530,960)                   -2.21
   Plus: Small City Pavement and Sidewalk Account # 08M            2,477,950                2,523,780               (45,830)                  -1.82           2,540,555                      2,597,964               (57,409)                   -2.21

  TOTAL TO TRANSPORTATION IMPROVEMENT BOARD                       257,273,463              262,031,771            (4,758,308)                 -1.82          263,773,480                    269,734,008            (5,960,528)                  -2.21
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------------ -------------------- --------------------
CITIES
  REGULAR DISTRIBUTION
    10.6961% of 23¢ to Cities RCW 46.68.090(2)(g)                205,939,298              209,748,174            (3,808,876)                  -1.82         211,142,357                    215,913,572            (4,771,215)                   -2.21
  ESSB 6103 DISTRIBUTION
    8.3333% of 6¢ RCW 46.68.090(4)(a) and (5)(a)                   41,855,661               42,629,787              (774,126)                 -1.82           42,913,145                     43,882,859              (969,715)                  -2.21

   Less: State Supervision, 1.5%, RCW 46.68.110(1)                 (3,716,924)              (3,785,669)               68,745                  -1.82           (3,810,833)                    (3,896,946)                86,114                  -2.21
   Less: Studies, 0.33% RCW 46.68.110(2)                             (817,723)                (832,847)               15,124                  -1.82             (838,383)                      (857,328)                18,945                  -2.21
   Less: Small City Pavement and Sidewalk Account #08M             (2,477,950)              (2,523,780)               45,830                  -1.82           (2,540,555)                    (2,597,964)                57,409                  -2.21
     RCW 46.68.110(3)
  NET TO CITIES                                                   240,782,361              245,235,665            (4,453,303)                 -1.82          246,865,731                    252,444,192            (5,578,461)                  -2.21
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------------ -------------------- --------------------
COUNTIES
 REGULAR DISTRIBUTION
   19.2287% of 23¢ to Counties RCW 46.68.090(2)(h)               370,223,257              377,070,587            (6,847,330)                  -1.82         379,576,952                    388,154,308            (8,577,356)                   -2.21
 ESSB 6103 DISTRIBUTION
   8.3333% of 6¢ RCW 46.68.090(4)(b) and (5)(b)                    41,855,661               42,629,787              (774,126)                 -1.82           42,913,145                     43,882,859              (969,715)                  -2.21

    Less: State Supervision, 1.5%, RCW 46.68.120(1)                (6,181,184)              (6,295,506)              114,322                  -1.82           (6,337,351)                    (6,480,558)              143,206                   -2.21
    Less: Studies, 0.33% RCW 46.68.120(3)                          (1,359,860)              (1,385,011)               25,151                  -1.82           (1,394,217)                    (1,425,723)               31,505                   -2.21
    Less: Withholding CRAB RCW 46.68.090(2)(h)                     (1,520,800)              (1,520,800)                    0                   0.00           (1,520,800)                    (1,520,800)                    0                    0.00

  TOTAL AMOUNT ALLOCATED TO COUNTIES                             403,017,074              410,499,058            (7,481,984)                  -1.82         413,237,728                    422,610,087            (9,372,359)                   -2.22
    Less: Amounts to Ferry Operations, RCW 46.080.68(5)          (13,854,238)             (14,110,492)              256,253                   -1.82         (14,308,458)                   (14,631,805)              323,348                    -2.21

  TOTAL NET TO COUNTIES                                          389,162,835              396,388,566            (7,225,731)                  -1.82         398,929,270                    407,978,282            (9,049,012)                   -2.22

  REFUNDS TO COUNTIES
   To San Juan County RCW 46.080.68(1) Capron Act                 (6,327,348)              (6,444,383)              117,035                  -1.82          (6,547,594)                     (6,695,561)              147,967                   -2.21
   To Island County RCW 46.080.68(2) Capron Act                  (10,986,657)             (11,189,868)              203,211                  -1.82         (11,334,060)                    (11,590,189)              256,129                   -2.21
   To Pierce, Skagit, and Whatcom Counties RCW 47.56.725          (1,000,000)              (1,000,000)                    0                   0.00          (1,000,000)                     (1,000,000)                    0                    0.00
  NET DISTRIBUTION TO COUNTIES                                   370,848,831              377,754,315            (6,905,484)                 -1.83         380,047,616                     388,692,531            (8,644,916)                  -2.22

COUNTY ARTERIAL PRESERVATION
 1.9565% of 23¢ RCW 46.68.090(2)(i) #186                           37,669,827               38,366,536              (696,709)                 -1.82           38,621,556                      39,494,293             (872,737)                  -2.21
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------------ -------------------- --------------------
RURAL ARTERIAL PROGRAM
 2.5363% of 23¢ RCW 46.68.090(2)(j) #102                           48,833,111               49,736,286              (903,175)                 -1.82           50,066,880                      51,198,249           (1,131,369)                  -2.21
                                                           ------------------------ ------------------------ -------------------- ------------------- ------------------------ ------------------------------ -------------------- --------------------
NET FOR DISTRIBUTION                                           3,139,187,128            3,197,246,828           (58,059,701)                  -1.82       3,218,498,727                   3,291,227,616          (72,728,889)                   -2.21




                                                                                                      16
Motor Fuel Tax Forecast to Forecast Biennial Summary

                                                                     BIENNIUM                BIENNIUM               BIENNIUM               BIENNIUM                BIENNIUM                 BIENNIUM                  BIENNIUM                 BIENNIUM                  BIENNIUM
September 2008 Forecast                                              2005 - 2007             2007 - 2009            2009 - 2011            2011 - 2013             2013 - 2015              2015 - 2017               2017 - 2019              2019 - 2021               2021 - 2023

GROSS FUEL TAX                                                     $2,196,179,747 $2,511,591,576 $2,673,487,500 $2,770,312,500                                   $2,875,650,000            $2,989,650,000           $3,113,925,000            $3,244,612,500           $3,347,962,500
TOTAL REFUNDS AND TRANSFERS                                           $86,357,337   $134,550,940   $135,883,194   $144,622,446                                     $152,446,370              $160,559,197             $169,215,561              $177,943,596             $185,978,327

GROSS GASOLINE TAX                                                 $1,729,622,316 $1,952,100,589 $2,052,375,000 $2,101,012,500                                   $2,158,575,000            $2,223,037,500           $2,294,662,500            $2,373,675,000           $2,425,687,500
       Less: Non-Highway Refunds                                        7,368,457     11,476,724     13,340,438     13,656,581                                       14,030,738                14,449,744               14,915,306                15,428,888               15,766,969
       Less: Tribal Reservation Refunds                                11,000,003     18,696,852     19,800,221     20,517,321                                       21,297,465                22,141,765               23,062,163                24,030,053               24,795,477
       Less: Aeronautics Transfer #039                                    485,759        549,324        574,660        588,279                                          604,396                   622,446                  642,501                   664,624                  679,188
       Less: General Fund Transfer #001                                   839,347      1,221,640      1,358,867      1,463,831                                        1,508,631                 1,527,731                1,503,856                 1,482,799                1,524,236
       Less: Marine Transfer #048 and #267                              9,764,584     10,082,340     10,794,637     11,554,646                                       11,915,334                12,271,167               12,666,537                13,102,686               13,389,795
       Less: Outdoor Recreation Vehicle Transfer #268 and #01B         10,652,914     11,004,943     11,774,174     12,601,104                                       12,992,743                13,379,152               13,808,702                14,282,921               14,593,812
       Less: Snowmobile #01M                                            1,865,328      2,008,571      2,151,948      2,313,626                                        2,375,747                 2,435,081                2,494,113                 2,552,242                2,608,864

NET GASOLINE TAX                                                      1,687,645,922         1,897,060,195          1,992,580,056          2,038,317,112            2,093,849,946             2,156,210,415             2,225,569,323            2,302,130,788            2,352,329,159
                                                                 ------------------------ ---------------------- ---------------------- ---------------------- ------------------------ ------------------------- ------------------------ ------------------------ ------------------------
GROSS SPECIAL FUEL TAX                                                  466,557,431            559,490,986            621,112,500            669,300,000              717,075,000               766,612,500              819,262,500              870,937,500              922,275,000
       Less: Non-Highway Refunds                                          43,228,045             78,039,882             74,533,500             80,316,000               86,049,000               91,993,500                98,311,500             104,512,500              110,673,000
       Less: Tribal Reservation Refunds                                     1,152,899             1,470,664              1,554,750              1,611,058                1,672,316                 1,738,612                 1,810,883                1,886,884                1,946,986

NET SPECIAL FUEL TAX                                                    422,176,488            479,980,441            545,024,250            587,372,942              629,353,684               672,880,388              719,140,117              764,538,116              809,655,014
                                                                                          ---------------------- ---------------------- ---------------------- ------------------------ ------------------------- ------------------------ ------------------------ ------------------------
TOTAL MOTOR FUEL TAX                                                  2,109,822,410         2,377,040,636          2,537,604,306          2,625,690,054            2,723,203,630             2,829,090,803             2,944,709,439            3,066,668,904            3,161,984,173
                                                                 ------------------------ ---------------------- ---------------------- ---------------------- ------------------------ ------------------------- ------------------------ ------------------------ ------------------------
LESS ADMINISTRATIVE EXPENSES:
       Department of Licensing #108                                      13,034,405             17,132,339             17,911,331             18,683,461               19,459,282                20,250,018               21,065,031                21,915,991               22,797,045
       State Treasurer #108                                                       0                      0                      0                      0                        0                         0                        0                         0                        0

TOTAL EXPENSES                                                            13,034,405             17,132,339             17,911,331             18,683,461               19,459,282               20,250,018                21,065,031               21,915,991               22,797,045
                                                                 ------------------------ ---------------------- ---------------------- ---------------------- ------------------------ ------------------------- ------------------------ ------------------------ ------------------------
NET FOR DISTRIBUTION                                                $2,096,788,005 $2,359,908,297 $2,519,692,975 $2,607,006,593                                   $2,703,744,348           $2,808,840,785            $2,923,644,408           $3,044,752,913           $3,139,187,128
       1¢ Net for Distribution                                          $65,558,955            $64,751,746            $67,191,813            $69,520,176              $72,099,849              $74,902,421               $77,963,851              $81,193,411              $83,711,657

                                                                                       -                      -                      -                      -                        -                        -                         -                        -                        -
         Total Motor Vehicle Fuels
         RCWs 82.36.025 (1), 82.38.030 (1)   - 23¢                 $1,507,855,968 $1,489,290,167 $1,545,411,691 $1,598,964,044                                   $1,658,296,534            $1,722,755,681           $1,793,168,570            $1,867,448,453           $1,925,368,105
         RCWs 82.36.025 (2), 82.38.030 (2)   - 5¢                    $327,794,776   $323,758,732   $335,959,063   $347,600,879                                     $360,499,246              $374,512,105             $389,819,254             $405,967,055              $418,558,284
         RCWs 82.36.025 (3), 82.38.030 (3)   - 3¢                    $179,539,671   $194,255,239   $201,575,438   $208,560,527                                     $216,299,548              $224,707,263             $233,891,553             $243,580,233              $251,134,970
         RCWs 82.36.025 (4), 82.38.030 (4)   - 3¢                     $81,597,589   $194,255,239   $201,575,438   $208,560,527                                     $216,299,548              $224,707,263             $233,891,553             $243,580,233              $251,134,970
         RCWs 82.36.025 (5), 82.38.030 (5)   - 2¢                              $0   $118,155,973   $134,383,625   $139,040,352                                     $144,199,699              $149,804,842             $155,927,702             $162,386,822             $167,423,313
         RCWs 82.36.025 (6), 82.38.030 (6)   - 1.5¢                            $0    $40,192,946   $100,787,719   $104,280,264                                     $108,149,774              $112,353,631             $116,945,776             $121,790,117              $125,567,485


TOTAL--TRANSPORTATION 2005 LEGISLATION (ESSB 6103)                    $261,137,260           $546,859,398           $638,322,220           $660,441,670             $684,948,568             $711,572,999              $740,656,583             $771,337,405             $795,260,739




                                                                                                              17
Motor Fuel Tax Forecast to Forecast Biennial Summary

                                                                   BIENNIUM                BIENNIUM               BIENNIUM               BIENNIUM                BIENNIUM                 BIENNIUM                  BIENNIUM                 BIENNIUM                  BIENNIUM
September 2008 Forecast                                            2005 - 2007             2007 - 2009            2009 - 2011            2011 - 2013             2013 - 2015              2015 - 2017               2017 - 2019              2019 - 2021               2021 - 2023

DISTRIBUTIONS

STATE
        GENERAL WSDOT & OTHER AGENCIES
        44.387% of 23¢, RCW 46.68.090(2)(a) #108                    $669,292,029           $661,051,226           $685,961,887           $709,732,170             $736,068,082             $764,679,564              $795,933,733             $828,904,345              $854,613,141
        SPECIAL CATEGORY C
        3.2609% of 23¢ RCW 46.68.090(2)(b) #215                        49,169,675             48,564,263             50,394,330             52,140,619               54,075,392                56,177,340               58,473,434                60,895,627               62,784,329
        TRANSPORTATION 2003 ACCOUNT
        100% of 5¢, RCW 46.68.090(3)                                 327,794,776             323,758,732            335,959,063            347,600,879              360,499,246              374,512,105               389,819,254              405,967,055              418,558,284
        TRANSPORTATION PARTNERSHIP ACCOUNT
        83.3334% of 6¢ RCW 46.68.090(4)(c)(5)(c) and
        100% of 2¢ and 1.5¢ RCW 46.68.090(6)                         217,614,558             482,107,911            571,130,676            590,921,773              612,849,007              636,670,878               662,693,044              690,144,318              711,549,417

        TOTAL TO STATE                                              1,263,871,037         1,515,482,132          1,643,445,957          1,700,395,440            1,763,491,728             1,832,039,887             1,906,919,466            1,985,911,345            2,047,505,170
                                                               ------------------------ ---------------------- ---------------------- ---------------------- ------------------------ ------------------------- ------------------------ ------------------------ ------------------------
        Plus: State Supervision, 1.5%, RCW 46.68.110(1) #108              7,421,184             7,656,279              7,944,794              8,220,100                8,525,122                 8,856,500                 9,218,485                9,600,350                9,898,108
        Plus: Studies, 0.33% RCW 46.68.110(2) #108                        1,632,660             1,684,381              1,747,855              1,808,422                1,875,527                 1,948,430                 2,028,067                2,112,077                2,177,584
        Plus: Withholding CRAB RCW 46.68.090(2)(h)                        1,615,493             1,869,225              1,862,557              1,689,178                1,520,800                 1,520,800                 1,520,800                1,520,800                1,520,800

        NET TO STATE                                                1,274,540,375         1,526,692,017          1,655,001,162          1,712,113,141            1,775,413,177             1,844,365,616             1,919,686,817            1,999,144,571            2,061,101,662
                                                               ------------------------ ---------------------- ---------------------- ---------------------- ------------------------ ------------------------- ------------------------ ------------------------ ------------------------
WASHINGTON STATE FERRIES
      PUGET SOUND FERRY OPERATIONS ACCOUNT #109
      2.3283% of 23¢, RCW 46.68.090(2)(c)                              35,107,411             34,675,143             35,981,820             37,228,680               38,610,118                40,110,921               41,750,344                43,479,802               44,828,346
      Plus: RCW 46.080.68(5), Capron Act Redistributions                4,108,407              9,917,037             10,607,957             11,063,342               11,558,930                12,106,978               12,705,495                13,337,570               13,854,238
      TOTAL TO FERRY OPERATIONS                                        39,215,818             44,592,179             46,589,777             48,292,022               50,169,048                52,217,898               54,455,839                56,817,373               58,682,584

        PUGET SOUND FERRY CONSTRUCTION ACCOUNT #099
        2.3726% of 23¢, RCW 46.68.090(2)(d)                            35,775,391             35,334,899             36,666,438             37,937,021               39,344,744                40,874,101               42,544,718                44,307,082               45,681,284

        TOTAL TO WASHINGTON STATE FERRIES                               74,991,209             79,927,078             83,256,215             86,229,043               89,513,792               93,092,000                97,000,556             101,124,455              104,363,868
                                                               ------------------------ ---------------------- ---------------------- ---------------------- ------------------------ ------------------------- ------------------------ ------------------------ ------------------------
TRANSPORTATION IMPROVEMENT BOARD
      7.5597% of 23¢ to UATA RCW 46.68.090(2)(e) #112                113,989,388             112,585,869            116,828,488            120,876,885              125,362,243              130,235,161               135,558,164              141,173,501              145,552,053
      5.6739% of 23¢ to TIA RCW 46.68.090(2)(f) #144                  85,554,240              84,500,835             87,685,114             90,723,621               94,090,087               97,747,435               101,742,592              105,957,158              109,243,461
      Plus: Small City Pavement and Sidewalk Account # 08M             1,830,431               1,916,717              1,988,946              2,057,867                2,134,228                2,217,187                 2,307,809                2,403,407                2,477,950

        TOTAL TO TRANSPORTATION IMPROVEMENT BOARD                     201,374,059            199,003,421            206,502,547            213,658,373              221,586,558               230,199,783              239,608,565              249,534,065              257,273,463
                                                               ------------------------ ---------------------- ---------------------- ---------------------- ------------------------ ------------------------- ------------------------ ------------------------ ------------------------




                                                                                                            18
Motor Fuel Tax Forecast to Forecast Biennial Summary

                                                                     BIENNIUM                BIENNIUM               BIENNIUM               BIENNIUM                BIENNIUM                 BIENNIUM                  BIENNIUM                 BIENNIUM                  BIENNIUM
September 2008 Forecast                                              2005 - 2007             2007 - 2009            2009 - 2011            2011 - 2013             2013 - 2015              2015 - 2017               2017 - 2019              2019 - 2021               2021 - 2023

CITIES
         REGULAR DISTRIBUTION
         10.6961% of 23¢ to Cities RCW 46.68.090(2)(g)                 161,281,782             159,295,966            165,298,780            171,026,793              177,373,056              184,267,670               191,799,103              199,744,154              205,939,298
         ESSB 6103 DISTRIBUTION
         8.3333% of 6¢ RCW 46.68.090(4)(a) and (5)(a)                    21,761,351             32,375,744             33,595,772             34,759,949               36,049,780                37,451,061               38,981,770                40,596,543               41,855,661

         Less: State Supervision, 1.5%, RCW 46.68.110(1)                  (2,745,647)            (2,875,076)            (2,983,418)            (3,086,801)              (3,201,343)              (3,325,781)               (3,461,713)              (3,605,110)              (3,716,924)
         Less: Studies, 0.33% RCW 46.68.110(2)                              (604,042)              (632,517)              (656,352)              (679,096)                (704,295)                (731,672)                 (761,577)                (793,124)                (817,723)
         Less: Small City Pavement and Sidewalk Account #08M              (1,830,431)            (1,916,717)            (1,988,946)            (2,057,867)              (2,134,228)              (2,217,187)               (2,307,809)              (2,403,407)              (2,477,950)

         NET TO CITIES                                                  177,863,013            186,247,400            193,265,836            199,962,977              207,382,970               215,444,091              224,249,774              233,539,055              240,782,361
                                                                 ------------------------ ---------------------- ---------------------- ---------------------- ------------------------ ------------------------- ------------------------ ------------------------ ------------------------
COUNTIES
       REGULAR DISTRIBUTION
       19.2287% of 23¢ to Counties RCW 46.68.090(2)(h)                 289,941,101             286,371,138            297,162,578            307,459,999              318,868,866              331,263,522               344,803,005              359,086,061              370,223,257
       ESSB 6103 DISTRIBUTION
       8.3333% of 6¢ RCW 46.68.090(4)(b) and (5)(b)                      21,761,351             32,375,744             33,595,772             34,759,949               36,049,780                37,451,061               38,981,770                40,596,543               41,855,661

         Less: State Supervision, 1.5%, RCW 46.68.120(1)                  (4,675,537)            (4,781,203)            (4,961,375)            (5,133,299)              (5,323,780)              (5,530,719)               (5,756,772)              (5,995,239)              (6,181,184)
         Less: Studies, 0.33% RCW 46.68.120(3)                            (1,028,618)            (1,051,865)            (1,091,503)            (1,129,326)              (1,171,232)              (1,216,758)               (1,266,490)              (1,318,953)              (1,359,860)
         Less: Withholding CRAB RCW 46.68.090(2)(h)                       (1,615,493)            (1,869,225)            (1,862,557)            (1,689,178)              (1,520,800)              (1,520,800)               (1,520,800)              (1,520,800)              (1,520,800)

         TOTAL AMOUNT ALLOCATED TO COUNTIES                            304,382,804             311,044,589            322,842,915            334,268,145              346,902,835              360,446,306               375,240,713              390,847,612              403,017,074
         Less: Amounts to Ferry Operations, RCW 46.080.68(5)            (4,108,407)             (9,917,037)           (10,607,957)           (11,063,342)             (11,558,930)             (12,106,978)              (12,705,495)             (13,337,570)             (13,854,238)

         TOTAL NET TO COUNTIES                                         300,274,396             301,127,553            312,234,958            323,204,803              335,343,905              348,339,328               362,535,218              377,510,042              389,162,835

         REFUNDS TO COUNTIES
         To San Juan County RCW 46.080.68(1) Capron Act                 (4,989,232)             (4,726,118)            (4,731,296)            (4,971,837)              (5,225,586)              (5,492,065)               (5,777,871)              (6,079,230)              (6,327,348)
         To Island County RCW 46.080.68(2) Capron Act                   (9,329,251)             (8,858,826)            (8,525,746)            (8,854,311)              (9,219,912)              (9,638,342)              (10,100,519)             (10,589,081)             (10,986,657)
         To Pierce, Skagit, and Whatcom Counties RCW 47.56.725          (1,000,000)             (1,000,000)            (1,000,000)            (1,000,000)              (1,000,000)              (1,000,000)               (1,000,000)              (1,000,000)              (1,000,000)
         NET DISTRIBUTION TO COUNTIES                                  284,955,913             286,542,609            297,977,917            308,378,655              319,898,407              332,208,921               345,656,829              359,841,731              370,848,831
COUNTY ARTERIAL PRESERVATION
       1.9565% of 23¢ RCW 46.68.090(2)(i) #186                            29,501,202             29,137,962             30,235,980             31,283,732               32,444,572               33,705,715                35,083,343               36,536,629               37,669,827
                                                                 ------------------------ ---------------------- ---------------------- ---------------------- ------------------------ ------------------------- ------------------------ ------------------------ ------------------------
RURAL ARTERIAL PROGRAM
       2.5363% of 23¢ RCW 46.68.090(2)(j) #102                            38,243,751             37,772,867             39,196,277             40,554,525               42,059,375               43,694,252                45,480,134               47,364,095               48,833,111
                                                                 ------------------------ ---------------------- ---------------------- ---------------------- ------------------------ ------------------------- ------------------------ ------------------------ ------------------------
NET FOR DISTRIBUTION                                                $2,096,788,005 $2,359,908,297 $2,519,692,975 $2,607,006,593                                   $2,703,744,348           $2,808,840,785            $2,923,644,408           $3,044,752,913           $3,139,187,128




                                                                                                              19
                                                                                                                   STATE MOTOR FUEL TAX
                                                                                                               REVENUE DISTRIBUTION FORECAST
                                                                                                                           Sep-08

September 2008 Forecast                                  Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year
                                                            2008                     2009                     2010                     2011                     2012                     2013                     2014                     2015                     2016

GROSS FUEL TAX                                         $1,241,046,170           $1,270,545,406           $1,322,887,500           $1,350,600,000           $1,372,725,000           $1,397,587,500           $1,424,100,000           $1,451,550,000           $1,480,650,000
TOTAL REFUNDS & TRANSFERS                                 $72,932,466              $61,618,474              $66,867,788              $69,015,406              $71,327,308              $73,295,137              $75,233,991              $77,212,379              $79,250,621

GROSS GASOLINE TAX                                       $964,065,458             $988,035,132           $1,018,650,000           $1,033,725,000           $1,043,925,000           $1,057,087,500           $1,071,637,500           $1,086,937,500           $1,103,700,000
 LESS: NON-HIGHWAY REFUNDS                                  5,048,981                6,427,742                6,621,225                6,719,213                6,785,513                6,871,069                6,965,644                7,065,094                7,174,050
 LESS: TRIBAL RESERVATION REFUNDS                           9,251,441                9,445,411                9,797,489               10,002,732               10,166,593               10,350,728               10,547,083               10,750,382               10,965,900
 LESS: AERONAUTICS TRANSFER #039                              272,068                  277,256                  285,220                  289,441                  292,297                  295,982                  300,056                  304,340                  309,034
 LESS: GENERAL FUND TRANSFER #001                             545,462                  676,178                  660,581                  698,285                  722,705                  741,127                  751,219                  757,412                  761,256
 LESS: MARINE TRANSFER #048 & #267                          5,068,359                5,013,981                5,336,569                5,458,068                5,719,523                5,835,123                5,915,439                5,999,895                6,092,424
 LESS: ORV TRANSFER #268 & #01B                             5,535,708                5,469,235                5,821,022                5,953,152                6,237,737                6,363,367                6,450,530                6,542,213                6,642,733
 LESS: SNOWMOBILE #01M                                      1,004,015                1,004,557                1,067,865                1,084,083                1,148,642                1,164,984                1,180,344                1,195,403                1,210,161

NET GASOLINE TAX                                            937,339,424              959,720,771              989,060,029           1,003,520,026            1,012,851,991            1,025,465,121            1,039,527,186            1,054,322,761            1,070,544,442
                                                     ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
GROSS SPECIAL FUEL TAX                                      276,980,713              282,510,274              304,237,500              316,875,000              328,800,000              340,500,000              352,462,500              364,612,500              376,950,000
 LESS: NON-HIGHWAY REFUNDS                                   45,478,233               32,561,649               36,508,500               38,025,000               39,456,000               40,860,000               42,295,500               43,753,500               45,234,000
 LESS: TRIBAL RESERVATION REFUNDS                                728,199                  742,465                  769,317                  785,433                  798,300                  812,758                  828,176                  844,140                  861,063

NET SPECIAL FUEL TAX                                        230,774,280              249,206,160              266,959,683              278,064,567              288,545,700              298,827,242              309,338,824              320,014,860              330,854,937
                                                     ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
TOTAL MOTOR FUEL TAX                                     1,168,113,704            1,208,926,932            1,256,019,712            1,281,584,594            1,301,397,692            1,324,292,363            1,348,866,009            1,374,337,621            1,401,399,379
                                                     ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
LESS ADMINISTRATIVE EXPENSES:
  DEPARTMENT OF LICENSING #108                                8,416,162                8,716,177                8,866,542                9,044,789                9,242,772                9,440,689                9,631,947                 9,827,335              10,023,308
  STATE TREASURER #108                                                0                        0                        0                        0                        0                        0                        0                         0                       0

TOTAL EXPENSES                                                 8,416,162                8,716,177                8,866,542                9,044,789                9,242,772                9,440,689                9,631,947                9,827,335              10,023,308
                                                     ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
NET FOR DISTRIBUTION                                   $1,159,697,542 $1,200,210,755 $1,247,153,170 $1,272,539,805 $1,292,154,920 $1,314,851,674 $1,339,234,062 $1,364,510,286 $1,391,376,071
 1¢ Net for Distribution                                   $32,529,029              $32,222,717              $33,257,418              $33,934,395              $34,457,465              $35,062,711              $35,712,908              $36,386,941              $37,103,362


 Gasoline
 RCWs 82.36.025 (1) - 23¢                                $600,330,457             $588,398,401             $602,340,396             $611,147,609             $616,803,013             $624,467,304             $633,022,909             $642,026,331             $651,903,286
 RCWs 82.36.025 (2) - 5¢                                 $130,506,621             $127,912,696             $130,943,564             $132,858,176             $134,087,612             $135,753,762             $137,613,676             $139,570,941             $141,718,106
 RCWs 82.36.025 (3) - 3¢                                  $78,303,973              $76,747,618              $78,566,139              $79,714,905              $80,452,567              $81,452,257              $82,568,206              $83,742,565              $85,030,863
 RCWs 82.36.025 (4) - 3¢                                  $78,303,973              $76,747,618              $78,566,139              $79,714,905              $80,452,567              $81,452,257              $82,568,206              $83,742,565              $85,030,863
 RCWs 82.36.025 (5) - 2¢                                  $43,140,929              $51,165,078              $52,377,426              $53,143,270              $53,635,045              $54,301,505              $55,045,470              $55,828,377              $56,687,242
 RCWs 82.36.025 (6) - 1.5¢                                         $0              $31,826,850              $39,283,069              $39,857,453              $40,226,283              $40,726,129              $41,284,103              $41,871,282              $42,515,432
 Special Fuels-Diesel
 RCWs 82.36.030 (1) - 23¢                                $147,837,221             $152,724,088             $162,580,216             $169,343,471             $175,718,671             $181,975,056             $188,373,983             $194,873,311             $201,474,038
 RCWs 82.36.030 (2) - 5¢                                  $32,138,526              $33,200,889              $35,343,525              $36,813,798              $38,199,711              $39,559,795              $40,950,866              $42,363,763              $43,798,704
 RCWs 82.36.030 (3) - 3¢                                  $19,283,116              $19,920,533              $21,206,115              $22,088,279              $22,919,827              $23,735,877              $24,570,519              $25,418,258              $26,279,222
 RCWs 82.36.030 (4) - 3¢                                  $19,283,116              $19,920,533              $21,206,115              $22,088,279              $22,919,827              $23,735,877              $24,570,519              $25,418,258              $26,279,222
 RCWs 82.36.030 (5) - 2¢                                  $10,569,611              $13,280,355              $14,137,410              $14,725,519              $15,279,884              $15,823,918              $16,380,346              $16,945,505              $17,519,482
 RCWs 82.36.030 (6) - 1.5¢                                         $0               $8,366,096              $10,603,058              $11,044,139              $11,459,913              $11,867,938              $12,285,260              $12,709,129              $13,139,611
 Total Motor Vehicle Fuels
 RCWs 82.36.025 (1), 82.38.030 (1)   - 23¢               $748,167,678             $741,122,489             $764,920,611             $780,491,080             $792,521,684             $806,442,360             $821,396,892             $836,899,642             $853,377,324
 RCWs 82.36.025 (2), 82.38.030 (2)   - 5¢                $162,645,147             $161,113,585             $166,287,089             $169,671,974             $172,287,323             $175,313,556             $178,564,542             $181,934,705             $185,516,810
 RCWs 82.36.025 (3), 82.38.030 (3)   - 3¢                 $97,587,088              $96,668,151              $99,772,254             $101,803,184             $103,372,394             $105,188,134             $107,138,725             $109,160,823             $111,310,086
 RCWs 82.36.025 (4), 82.38.030 (4)   - 3¢                 $97,587,088              $96,668,151              $99,772,254             $101,803,184             $103,372,394             $105,188,134             $107,138,725             $109,160,823             $111,310,086
 RCWs 82.36.025 (5), 82.38.030 (5)   - 2¢                 $53,710,540              $64,445,434              $66,514,836              $67,868,790              $68,914,929              $70,125,423              $71,425,817              $72,773,882              $74,206,724
 RCWs 82.36.025 (6), 82.38.030 (6)   - 1.5¢                        $0              $40,192,946              $49,886,127              $50,901,592              $51,686,197              $52,594,067              $53,569,362              $54,580,411              $55,655,043

TOTAL--TRANSPORTATION 2005 LEGISLATION (ESSB 6103)       $248,884,716             $297,974,681             $315,945,470             $322,376,750             $327,345,913             $333,095,757             $339,272,629             $345,675,939             $352,481,938
                                                                    -                        -                        -                        -                        -                        -                        -                        -                        -




                                                                                                                 20
                                                                                                                      STATE MOTOR FUEL TAX
                                                                                                                  REVENUE DISTRIBUTION FORECAST
                                                                                                                              Sep-08

September 2008 Forecast                                     Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year
                                                               2008                     2009                     2010                     2011                     2012                     2013                     2014                     2015                     2016

DISTRIBUTIONS

STATE
 GENERAL WSDOT & OTHER AGENCIES
 44.387% of 23¢, RCW 46.68.090(2)(a) #108                   $332,089,187             $328,962,039             $339,525,312             $346,436,576             $351,776,600             $357,955,570             $364,593,438             $371,474,644             $378,788,593
 SPECIAL CATEGORY C
 3.2609% of 23¢ RCW 46.68.090(2)(b) #215                        24,397,000               24,167,263               24,943,296               25,451,034               25,843,340               26,297,279               26,784,931               27,290,460               27,827,781
 TRANSPORTATION 2003 ACCOUNT
 100% of 5¢, RCW 46.68.090(3)                                 162,645,147              161,113,585              166,287,089              169,671,974              172,287,323              175,313,556              178,564,542              181,934,705              185,516,810
 TRANSPORTATION PARTNERSHIP ACCOUNT
 83.3334% of 6¢ RCW 46.68.090(4)(c)(5)(c) and
 100% of 2¢ and 1.5¢ RCW 46.68.090(6)                         216,355,817              265,752,093              282,688,185              288,442,491              292,888,586              298,033,186              303,559,864              309,289,144              315,378,725

 TOTAL TO STATE                                                735,487,152              779,994,980              813,443,882              830,002,075              842,795,849              857,599,592              873,502,775              889,988,953              907,511,908
                                                        ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
 Plus: State Supervision, 1.5%, RCW 46.68.110(1) #108             3,846,249                3,810,030                3,932,374                4,012,420                4,074,268                4,145,833                4,222,712                4,302,410                4,387,120
 Plus: Studies, 0.33% RCW 46.68.110(2) #108                         846,175                  838,207                  865,122                  882,732                  896,339                  912,083                  928,997                  946,530                  965,166
 Plus: Withholding CRAB RCW 46.68.090(2)(h)                         935,446                  933,779                  932,112                  930,445                  928,778                  760,400                  760,400                  760,400                  760,400

 NET TO STATE                                                  741,115,021              785,576,996              819,173,490              835,827,672              848,695,233              863,417,908              879,414,884              895,998,293              913,624,594
                                                        ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
WASHINGTON STATE FERRIES
 PUGET SOUND FERRY OPERATIONS ACCOUNT #109
 2.3283% of 23¢, RCW 46.68.090(2)(c)                            17,419,588               17,255,555               17,809,647               18,172,174               18,452,282               18,776,397               19,124,584               19,485,534               19,869,184
 Plus: RCW 46.080.68(5), Capron Act Redistributions              4,864,933                5,052,104                5,241,469                5,366,488                5,474,025                5,589,317                5,714,000                5,844,930                5,984,747
 TOTAL TO FERRY OPERATIONS                                      22,284,521               22,307,659               23,051,115               23,538,662               23,926,307               24,365,715               24,838,584               25,330,464               25,853,931

 PUGET SOUND FERRY CONSTRUCTION ACCOUNT #099
 2.3726% of 23¢, RCW 46.68.090(2)(d)                            17,751,026               17,583,872               18,148,506               18,517,931               18,803,369               19,133,651               19,488,463               19,856,281               20,247,230

 TOTAL TO WASHINGTON STATE FERRIES                              40,035,547               39,891,531               41,199,622               42,056,593               42,729,676               43,499,366               44,327,047               45,186,745               46,101,161
                                                        ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
TRANSPORTATION IMPROVEMENT BOARD
 7.5597% of 23¢ to UATA RCW 46.68.090(2)(e) #112                56,559,232               56,026,637               57,825,703               59,002,784               59,912,262               60,964,623               62,095,141               63,267,102               64,512,766
 5.6739% of 23¢ to TIA RCW 46.68.090(2)(f) #144                 42,450,286               42,050,549               43,400,831               44,284,283               44,966,888               45,756,733               46,605,238               47,484,849               48,419,776
 Plus: Small City Pavement and Sidewalk Account # 08M              962,892                  953,825                  984,453                1,004,492                1,019,976                1,037,892                1,057,138                1,077,090                1,098,297

 TOTAL TO TRANSPORTATION IMPROVEMENT BOARD                      99,972,410               99,031,011              102,210,987              104,291,560              105,899,125              107,759,248              109,757,517              111,829,041              114,030,838
                                                        ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------




                                                                                                                    21
                                                                                                                       STATE MOTOR FUEL TAX
                                                                                                                   REVENUE DISTRIBUTION FORECAST
                                                                                                                               Sep-08

September 2008 Forecast                                      Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year
                                                                2008                     2009                     2010                     2011                     2012                     2013                     2014                     2015                     2016

CITIES
  REGULAR DISTRIBUTION
  10.6961% of 23¢ to Cities RCW 46.68.090(2)(g)                  80,024,763               79,271,203               81,816,673               83,482,106               84,768,912               86,257,881               87,857,433               89,515,623               91,278,092
  ESSB 6103 DISTRIBUTION
  8.3333% of 6¢ RCW 46.68.090(4)(a) and (5)(a)                   16,264,450               16,111,294               16,628,642               16,967,130               17,228,663               17,531,286               17,856,383               18,193,398               18,551,607

 Less: State Supervision, 1.5%, RCW 46.68.110(1)                 (1,444,338)              (1,430,737)              (1,476,680)              (1,506,739)              (1,529,964)              (1,556,838)              (1,585,707)              (1,615,635)              (1,647,445)
 Less: Studies, 0.33% RCW 46.68.110(2)                             (317,754)                (314,762)                (324,870)                (331,482)                (336,592)                (342,504)                (348,856)                (355,440)                (362,438)
 Less: Small City Pavement and Sidewalk Account #08M               (962,892)                (953,825)                (984,453)              (1,004,492)              (1,019,976)              (1,037,892)              (1,057,138)              (1,077,090)              (1,098,297)

 NET TO CITIES                                                   93,564,228               92,683,172               95,659,313               97,606,523               99,111,044              100,851,933              102,722,115              104,660,855              106,721,518
                                                         ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
COUNTIES
 REGULAR DISTRIBUTION
 19.2287% of 23¢ to Counties RCW 46.68.090(2)(h)               143,862,918              142,508,220              147,084,290              150,078,288              152,391,617              155,068,382              157,943,944              160,924,921              164,093,365
 ESSB 6103 DISTRIBUTION
 8.3333% of 6¢ RCW 46.68.090(4)(b) and (5)(b)                    16,264,450               16,111,294               16,628,642               16,967,130               17,228,663               17,531,286               17,856,383               18,193,398               18,551,607

 Less: State Supervision, 1.5%, RCW 46.68.120(1)                (2,401,911)              (2,379,293)              (2,455,694)              (2,505,681)              (2,544,304)              (2,588,995)              (2,637,005)              (2,686,775)              (2,739,675)
 Less: Studies, 0.33% RCW 46.68.120(3)                            (528,420)                (523,444)                (540,253)                (551,250)                (559,747)                (569,579)                (580,141)                (591,090)                (602,728)
 Less: Withholding CRAB RCW 46.68.090(2)(h)                       (935,446)                (933,779)                (932,112)                (930,445)                (928,778)                (760,400)                (760,400)                (760,400)                (760,400)
 TOTAL AMOUNT ALLOCATED TO COUNTIES                            156,261,591              154,782,998              159,784,873              163,058,042              165,587,451              168,680,694              171,822,781              175,080,054              178,542,169
 Less: Amounts to Ferry Operations, RCW 46.080.68(5)             (4,864,933)              (5,052,104)              (5,241,469)              (5,366,488)              (5,474,025)              (5,589,317)              (5,714,000)              (5,844,930)              (5,984,747)
 TOTAL NET TO COUNTIES                                         151,396,659              149,730,894              154,543,405              157,691,554              160,113,427              163,091,376              166,108,781              169,235,124              172,557,422
 REFUNDS TO COUNTIES
 To San Juan County RCW 46.080.68(1) Capron Act                (2,486,250)              (2,239,868)              (2,329,683)               (2,401,613)              (2,455,911)              (2,515,926)              (2,579,726)              (2,645,860)              (2,713,451)
 To Island County RCW 46.080.68(2) Capron Act                  (4,659,950)              (4,198,876)              (4,220,718)               (4,305,028)              (4,385,121)              (4,469,190)              (4,561,210)              (4,658,702)              (4,765,843)
 To Pierce, Skagit, and Whatcom Counties RCW 47.56.725           (500,000)                (500,000)                (500,000)                 (500,000)                (500,000)                (500,000)                (500,000)                (500,000)                (500,000)
 NET DISTRIBUTION TO COUNTIES                                 143,750,458              142,792,150              147,493,004               150,484,913              152,772,395              155,606,260              158,467,845              161,430,562              164,578,128

COUNTY ARTERIAL PRESERVATION
 1.9565% of 23¢ RCW 46.68.090(2)(i) #186                         14,637,901               14,500,061               14,965,672               15,270,308               15,505,687               15,778,045               16,070,630               16,373,941               16,696,327
                                                         ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
RURAL ARTERIAL PROGRAM
 2.5363% of 23¢ RCW 46.68.090(2)(j) #102                         18,975,777               18,797,090               19,400,681               19,795,595               20,100,727               20,453,798               20,833,089               21,226,286               21,644,209
                                                         ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
NET FOR DISTRIBUTION                                       $1,159,697,542 $1,200,210,755 $1,247,153,170 $1,272,539,805 $1,292,154,920 $1,314,851,674 $1,339,234,062 $1,364,510,286 $1,391,376,071




                                                                                                                     22
                                                                                                                     STATE MOTOR FUEL TAX
                                                                                                                 REVENUE DISTRIBUTION FORECAST
                                                                                                                                      Sep-08

September 2008 Forecast                                  Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year
                                                            2017                     2018                     2019                     2020                     2021                     2022                     2023                     2024                     2025

GROSS FUEL TAX                                         $1,509,000,000           $1,539,525,000           $1,574,400,000           $1,608,037,500           $1,636,575,000           $1,662,562,500           $1,685,400,000           $1,706,250,000           $1,729,837,500
TOTAL REFUNDS & TRANSFERS                                 $81,308,576              $83,456,998              $85,758,563              $87,956,776              $89,986,820              $92,001,748              $93,976,579              $95,918,819              $97,967,540

GROSS GASOLINE TAX                                     $1,119,337,500           $1,136,700,000           $1,157,962,500           $1,178,775,000           $1,194,900,000           $1,208,025,000           $1,217,662,500           $1,224,975,000           $1,234,650,000
 LESS: NON-HIGHWAY REFUNDS                                  7,275,694                7,388,550                7,526,756                7,662,038                7,766,850                7,852,163                7,914,806                7,962,338                8,025,225
 LESS: TRIBAL RESERVATION REFUNDS                          11,175,865               11,401,937               11,660,226               11,909,350               12,120,703               12,313,170               12,482,308               12,636,726               12,811,418
 LESS: AERONAUTICS TRANSFER #039                              313,412                  318,274                  324,227                  330,055                  334,570                  338,245                  340,943                  342,991                  345,700
 LESS: GENERAL FUND TRANSFER #001                             766,475                  759,157                  744,699                  739,809                  742,990                  752,782                  771,454                  789,444                  803,416
 LESS: MARINE TRANSFER #048 & #267                          6,178,743                6,274,584                6,391,953                6,506,838                6,595,848                6,668,298                6,721,497                6,761,862                6,815,268
 LESS: ORV TRANSFER #268 & #01B                             6,736,419                6,840,518                6,968,184                7,093,150                7,189,771                7,268,234                7,325,578                7,368,841                7,426,376
 LESS: SNOWMOBILE #01M                                      1,224,919                1,239,677                1,254,436                1,268,892                1,283,349                1,297,505                1,311,359                1,311,359                1,311,661

NET GASOLINE TAX                                         1,085,665,973            1,102,477,303            1,123,092,019            1,143,264,868            1,158,865,919            1,171,534,605            1,180,794,554            1,187,801,440            1,197,110,936
                                                     ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
GROSS SPECIAL FUEL TAX                                      389,662,500              402,825,000              416,437,500              429,262,500              441,675,000              454,537,500              467,737,500              481,275,000              495,187,500
 LESS: NON-HIGHWAY REFUNDS                                   46,759,500               48,339,000               49,972,500               51,511,500               53,001,000               54,544,500               56,128,500               57,753,000               59,422,500
 LESS: TRIBAL RESERVATION REFUNDS                                877,549                  895,301                  915,582                  935,144                  951,740                  966,853                  980,134                  992,259                1,005,976

NET SPECIAL FUEL TAX                                        342,025,451              353,590,699              365,549,418              376,815,856              387,722,260              399,026,147              410,628,866              422,529,741              434,759,024
                                                     ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
TOTAL MOTOR FUEL TAX                                     1,427,691,424            1,456,068,002            1,488,641,437            1,520,080,724            1,546,588,180            1,570,560,752            1,591,423,421            1,610,331,181            1,631,869,960
                                                     ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
LESS ADMINISTRATIVE EXPENSES:
  DEPARTMENT OF LICENSING #108                               10,226,710               10,430,819               10,634,212               10,847,175               11,068,816               11,286,379               11,510,666               11,737,797               11,964,617
  STATE TREASURER #108                                                0                        0                        0                        0                        0                        0                        0                        0                        0

TOTAL EXPENSES                                               10,226,710               10,430,819               10,634,212               10,847,175               11,068,816               11,286,379               11,510,666               11,737,797               11,964,617
                                                     ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
NET FOR DISTRIBUTION                                   $1,417,464,714 $1,445,637,183 $1,478,007,225 $1,509,233,549 $1,535,519,364 $1,559,274,373 $1,579,912,755 $1,598,593,384 $1,619,905,343
 1¢ Net for Distribution                                   $37,799,059              $38,550,325              $39,413,526              $40,246,228              $40,947,183              $41,580,650              $42,131,007              $42,629,157              $43,197,476


 Gasoline
 RCWs 82.36.025 (1) - 23¢                                $661,104,282             $671,340,933             $683,907,865             $696,197,480             $705,682,865             $713,376,285             $718,981,004             $723,206,525             $728,843,248
 RCWs 82.36.025 (2) - 5¢                                 $143,718,322             $145,943,681             $148,675,623             $151,347,278             $153,409,318             $155,081,801             $156,300,218             $157,218,810             $158,444,184
 RCWs 82.36.025 (3) - 3¢                                  $86,230,993              $87,566,209              $89,205,374              $90,808,367              $92,045,591              $93,049,081              $93,780,131              $94,331,286              $95,066,511
 RCWs 82.36.025 (4) - 3¢                                  $86,230,993              $87,566,209              $89,205,374              $90,808,367              $92,045,591              $93,049,081              $93,780,131              $94,331,286              $95,066,511
 RCWs 82.36.025 (5) - 2¢                                  $57,487,329              $58,377,472              $59,470,249              $60,538,911              $61,363,727              $62,032,720              $62,520,087              $62,887,524              $63,377,674
 RCWs 82.36.025 (6) - 1.5¢                                $43,115,497              $43,783,104              $44,602,687              $45,404,183              $46,022,796              $46,524,540              $46,890,066              $47,165,643              $47,533,255
 Special Fuels-Diesel
 RCWs 82.36.030 (1) - 23¢                                $208,274,076             $215,316,540             $222,603,233             $229,465,763             $236,102,345             $242,978,664             $250,032,152             $257,264,084             $264,698,695
 RCWs 82.36.030 (2) - 5¢                                  $45,276,973              $46,807,943              $48,392,007              $49,883,862              $51,326,597              $52,821,449              $54,354,816              $55,926,975              $57,543,195
 RCWs 82.36.030 (3) - 3¢                                  $27,166,184              $28,084,766              $29,035,204              $29,930,317              $30,795,958              $31,692,869              $32,612,889              $33,556,185              $34,525,917
 RCWs 82.36.030 (4) - 3¢                                  $27,166,184              $28,084,766              $29,035,204              $29,930,317              $30,795,958              $31,692,869              $32,612,889              $33,556,185              $34,525,917
 RCWs 82.36.030 (5) - 2¢                                  $18,110,789              $18,723,177              $19,356,803              $19,953,545              $20,530,639              $21,128,579              $21,741,926              $22,370,790              $23,017,278
 RCWs 82.36.030 (6) - 1.5¢                                $13,583,092              $14,042,383              $14,517,602              $14,965,158              $15,397,979              $15,846,435              $16,306,445              $16,778,092              $17,262,958
 Total Motor Vehicle Fuels
 RCWs 82.36.025 (1), 82.38.030 (1)   - 23¢               $869,378,358             $886,657,472             $906,511,098             $925,663,244             $941,785,210             $956,354,949             $969,013,156             $980,470,609             $993,541,944
 RCWs 82.36.025 (2), 82.38.030 (2)   - 5¢                $188,995,295             $192,751,624             $197,067,630             $201,231,140             $204,735,915             $207,903,250             $210,655,034             $213,145,785             $215,987,379
 RCWs 82.36.025 (3), 82.38.030 (3)   - 3¢                $113,397,177             $115,650,975             $118,240,578             $120,738,684             $122,841,549             $124,741,950             $126,393,020             $127,887,471             $129,592,427
 RCWs 82.36.025 (4), 82.38.030 (4)   - 3¢                $113,397,177             $115,650,975             $118,240,578             $120,738,684             $122,841,549             $124,741,950             $126,393,020             $127,887,471             $129,592,427
 RCWs 82.36.025 (5), 82.38.030 (5)   - 2¢                 $75,598,118              $77,100,650              $78,827,052              $80,492,456              $81,894,366              $83,161,300              $84,262,014              $85,258,314              $86,394,952
 RCWs 82.36.025 (6), 82.38.030 (6)   - 1.5¢               $56,698,589              $57,825,487              $59,120,289              $60,369,342              $61,420,775              $62,370,975              $63,196,510              $63,943,735              $64,796,214

TOTAL--TRANSPORTATION 2005 LEGISLATION (ESSB 6103)       $359,091,061             $366,228,086             $374,428,497             $382,339,166             $388,998,239             $395,016,174             $400,244,565             $404,976,991             $410,376,020
                                                                    -                        -                        -                        -                        -                        -                        -                        -                        -




                                                                                                                 23
                                                                                                                        STATE MOTOR FUEL TAX
                                                                                                                    REVENUE DISTRIBUTION FORECAST
                                                                                                                                         Sep-08

September 2008 Forecast                                     Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year
                                                               2017                     2018                     2019                     2020                     2021                     2022                     2023                     2024                     2025

DISTRIBUTIONS

STATE
 GENERAL WSDOT & OTHER AGENCIES
 44.387% of 23¢, RCW 46.68.090(2)(a) #108                   $385,890,972             $393,560,652             $402,373,081             $410,874,144             $418,030,201             $424,497,271             $430,115,870             $435,201,489             $441,003,463
 SPECIAL CATEGORY C
 3.2609% of 23¢ RCW 46.68.090(2)(b) #215                        28,349,559               28,913,014               29,560,420               30,184,953               30,710,674               31,185,779               31,598,550               31,972,166               32,398,409
 TRANSPORTATION 2003 ACCOUNT
 100% of 5¢, RCW 46.68.090(3)                                 188,995,295              192,751,624              197,067,630              201,231,140              204,735,915              207,903,250              210,655,034              213,145,785              215,987,379
 TRANSPORTATION PARTNERSHIP ACCOUNT
 83.3334% of 6¢ RCW 46.68.090(4)(c)(5)(c) and
 100% of 2¢ and 1.5¢ RCW 46.68.090(6)                         321,292,153              327,677,916              335,015,129              342,093,099              348,051,220              353,435,691              358,113,726              362,348,004              367,178,717

 TOTAL TO STATE                                                924,527,979              942,903,206              964,016,260              984,383,335           1,001,528,010            1,017,021,990            1,030,483,180            1,042,667,444            1,056,567,968
                                                        ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
 Plus: State Supervision, 1.5%, RCW 46.68.110(1) #108             4,469,380                4,558,210                4,660,275                4,758,734                4,841,615                4,916,517                4,981,591                5,040,493                5,107,691
 Plus: Studies, 0.33% RCW 46.68.110(2) #108                         983,264                1,002,806                1,025,261                1,046,922                1,065,155                1,081,634                1,095,950                1,108,908                1,123,692
 Plus: Withholding CRAB RCW 46.68.090(2)(h)                         760,400                  760,400                  760,400                  760,400                  760,400                  760,400                  760,400                  760,400                  760,400

 NET TO STATE                                                  930,741,022              949,224,622              970,462,196              990,949,391           1,008,195,180            1,023,780,541            1,037,321,121            1,049,577,245            1,063,559,751
                                                        ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
WASHINGTON STATE FERRIES
 PUGET SOUND FERRY OPERATIONS ACCOUNT #109
 2.3283% of 23¢, RCW 46.68.090(2)(c)                            20,241,736               20,644,046               21,106,298               21,552,217               21,927,585               22,266,812               22,561,533               22,828,297               23,132,637
 Plus: RCW 46.080.68(5), Capron Act Redistributions              6,122,231                6,269,504                6,435,991                6,598,468                6,739,102                6,868,666                6,985,572                7,094,055                7,214,403
 TOTAL TO FERRY OPERATIONS                                      26,363,967               26,913,550               27,542,289               28,150,685               28,666,687               29,135,479               29,547,105               29,922,352               30,347,040

 PUGET SOUND FERRY CONSTRUCTION ACCOUNT #099
 2.3726% of 23¢, RCW 46.68.090(2)(d)                            20,626,871               21,036,835               21,507,882               21,962,286               22,344,796               22,690,478               22,990,806               23,262,646               23,572,776

 TOTAL TO WASHINGTON STATE FERRIES                              46,990,838               47,950,385               49,050,171               50,112,971               51,011,483               51,825,956               52,537,911               53,184,997               53,919,816
                                                        ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
TRANSPORTATION IMPROVEMENT BOARD
 7.5597% of 23¢ to UATA RCW 46.68.090(2)(e) #112                65,722,396               67,028,645               68,529,519               69,977,364               71,196,136               72,297,565               73,254,488               74,120,637               75,108,790
 5.6739% of 23¢ to TIA RCW 46.68.090(2)(f) #144                 49,327,659               50,308,058               51,434,533               52,521,207               53,435,951               54,262,623               54,980,837               55,630,922               56,372,576
 Plus: Small City Pavement and Sidewalk Account # 08M            1,118,890                1,141,129                1,166,680                1,191,329                1,212,078                1,230,829                1,247,120                1,261,866                1,278,689

 TOTAL TO TRANSPORTATION IMPROVEMENT BOARD                     116,168,945              118,477,832              121,130,733              123,689,900              125,844,165              127,791,018              129,482,445              131,013,425              132,760,056
                                                        ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------




                                                                                                                    24
                                                                                                                         STATE MOTOR FUEL TAX
                                                                                                                     REVENUE DISTRIBUTION FORECAST
                                                                                                                                          Sep-08

September 2008 Forecast                                      Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year              Fiscal Year
                                                                2017                     2018                     2019                     2020                     2021                     2022                     2023                     2024                     2025

CITIES
  REGULAR DISTRIBUTION
  10.6961% of 23¢ to Cities RCW 46.68.090(2)(g)                  92,989,579               94,837,770               96,961,334               99,009,866             100,734,288              102,292,682              103,646,616              104,872,117              106,270,240
  ESSB 6103 DISTRIBUTION
  8.3333% of 6¢ RCW 46.68.090(4)(a) and (5)(a)                   18,899,454               19,275,085               19,706,684               20,123,033               20,473,510               20,790,242               21,065,419               21,314,493               21,598,652

 Less: State Supervision, 1.5%, RCW 46.68.110(1)                 (1,678,335)              (1,711,693)              (1,750,020)              (1,786,993)              (1,818,117)              (1,846,244)              (1,870,681)              (1,892,799)              (1,918,033)
 Less: Studies, 0.33% RCW 46.68.110(2)                             (369,234)                (376,572)                (385,004)                (393,139)                (399,986)                (406,174)                (411,550)                (416,416)                (421,967)
 Less: Small City Pavement and Sidewalk Account #08M             (1,118,890)              (1,141,129)              (1,166,680)              (1,191,329)              (1,212,078)              (1,230,829)              (1,247,120)              (1,261,866)              (1,278,689)

 NET TO CITIES                                                  108,722,573              110,883,461              113,366,313              115,761,439              117,777,617              119,599,677              121,182,685              122,615,529              124,250,202
                                                         ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
COUNTIES
 REGULAR DISTRIBUTION
 19.2287% of 23¢ to Counties RCW 46.68.090(2)(h)               167,170,156              170,492,705              174,310,300              177,993,008              181,093,053              183,894,624              186,328,633              188,531,752              191,045,200
 ESSB 6103 DISTRIBUTION
 8.3333% of 6¢ RCW 46.68.090(4)(b) and (5)(b)                    18,899,454               19,275,085               19,706,684               20,123,033               20,473,510               20,790,242               21,065,419               21,314,493               21,598,652

 Less: State Supervision, 1.5%, RCW 46.68.120(1)                (2,791,044)              (2,846,517)              (2,910,255)              (2,971,741)              (3,023,498)              (3,070,273)              (3,110,911)              (3,147,694)              (3,189,658)
 Less: Studies, 0.33% RCW 46.68.120(3)                            (614,030)                (626,234)                (640,256)                (653,783)                (665,170)                (675,460)                (684,400)                (692,493)                (701,725)
 Less: Withholding CRAB RCW 46.68.090(2)(h)                       (760,400)                (760,400)                (760,400)                (760,400)                (760,400)                (760,400)                (760,400)                (760,400)                (760,400)
 TOTAL AMOUNT ALLOCATED TO COUNTIES                            181,904,136              185,534,640              189,706,073              193,730,118              197,117,494              200,178,733              202,838,341              205,245,659              207,992,069
 Less: Amounts to Ferry Operations, RCW 46.080.68(5)             (6,122,231)              (6,269,504)              (6,435,991)              (6,598,468)              (6,739,102)              (6,868,666)              (6,985,572)              (7,094,055)              (7,214,403)
 TOTAL NET TO COUNTIES                                         175,781,905              179,265,137              183,270,082              187,131,650              190,378,392              193,310,066              195,852,769              198,151,604              200,777,666
 REFUNDS TO COUNTIES
 To San Juan County RCW 46.080.68(1) Capron Act                (2,778,614)              (2,849,273)              (2,928,598)               (3,005,988)              (3,073,242)              (3,135,394)              (3,191,954)              (3,244,703)              (3,302,892)
 To Island County RCW 46.080.68(2) Capron Act                  (4,872,499)              (4,985,890)              (5,114,629)               (5,240,290)              (5,348,791)              (5,448,559)              (5,538,098)              (5,620,923)              (5,713,137)
 To Pierce, Skagit, and Whatcom Counties RCW 47.56.725           (500,000)                (500,000)                (500,000)                 (500,000)                (500,000)                (500,000)                (500,000)                (500,000)                (500,000)
 NET DISTRIBUTION TO COUNTIES                                 167,630,793              170,929,974              174,726,855               178,385,372              181,456,359              184,226,114              186,622,717              188,785,978              191,261,637

COUNTY ARTERIAL PRESERVATION
 1.9565% of 23¢ RCW 46.68.090(2)(i) #186                         17,009,388               17,347,453               17,735,890               18,110,601               18,426,028               18,711,085               18,958,742               19,182,907               19,438,648
                                                         ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
RURAL ARTERIAL PROGRAM
 2.5363% of 23¢ RCW 46.68.090(2)(j) #102                         22,050,043               22,488,293               22,991,841               23,477,597               23,886,498               24,256,031               24,577,081               24,867,676               25,199,204
                                                         ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------ ------------------------
NET FOR DISTRIBUTION                                       $1,417,464,714 $1,445,637,183 $1,478,007,225 $1,509,233,549 $1,535,519,364 $1,559,274,373 $1,579,912,755 $1,598,593,384 $1,619,905,343




                                                                                                                     25
                                                                                                                             STATE MOTOR FUEL TAX
                                                                                                                                 REVENUE FORECAST
                                                                                                                                    September 2008

                                                       Fiscal Year                Fiscal Year                 BIENNIUM                  Fiscal Year                 Fiscal Year                BIENNIUM                   Fiscal Year                Fiscal Year                BIENNIUM
                                                           2008                       2009                    2007-2009                      2010                       2011                   2009-2011                      2012                       2013                   2011-2013


GROSS FUEL TAX                                       $1,241,046,170              $1,270,545,406             $2,511,591,576             $1,322,887,500             $1,350,600,000             $2,673,487,500             $1,372,725,000             $1,397,587,500             $2,770,312,500
TOTAL REFUNDS & TRANSFERS                                 $72,932,466                $61,618,474              $134,550,940                 $66,867,788                $69,015,406               $135,883,194                $71,327,308                $73,295,137               $144,622,446


GROSS GASOLINE TAX                                      $964,065,458               $988,035,132             $1,952,100,589             $1,018,650,000             $1,033,725,000             $2,052,375,000             $1,043,925,000             $1,057,087,500             $2,101,012,500
  LESS: NON-HIGHWAY REFUNDS                                  5,048,981                  6,427,742                 11,476,724                  6,621,225                  6,719,213                 13,340,438                   6,785,513                  6,871,069                13,656,581
  LESS: TRIBAL RESERVATION REFUNDS                           9,251,441                  9,445,411                 18,696,852                  9,797,489                 10,002,732                 19,800,221                 10,166,593                 10,350,728                 20,517,321
  LESS: AERONAUTICS TRANSFER #039                              272,068                     277,256                    549,324                    285,220                    289,441                    574,660                    292,297                    295,982                    588,279
  LESS: GENERAL FUND TRANSFER #001                             545,462                     676,178                 1,221,640                     660,581                    698,285                  1,358,867                    722,705                    741,127                  1,463,831

  Transfer from #108 to #048 (0.90%)                         8,676,589                  8,892,316                 17,568,905                  9,167,850                  9,303,525                 18,471,375                   9,395,325                  9,513,788                18,909,113
  Transfer back to #108                                      3,608,230                  3,878,335                  7,486,565                  3,831,281                  3,845,457                   7,676,738                  3,675,802                  3,678,665                  7,354,466
  Marine Ref - Recreation Resource Account #267              5,068,359                  5,013,981                 10,082,340                  5,336,569                  5,458,068                 10,794,637                   5,719,523                  5,835,123                11,554,646
  LESS: MARINE TRANSFER #048                                 5,068,359                  5,013,981                 10,082,340                  5,336,569                  5,458,068                 10,794,637                   5,719,523                  5,835,123                11,554,646
  LESS: ORV TRANSFER (Transfer Reserve ORV)                  5,535,708                  5,469,235                 11,004,943                  5,821,022                  5,953,152                 11,774,174                   6,237,737                  6,363,367                12,601,104
  ORV Transfer to #268 (ORV TRANS*58.5%)                     3,238,389                  3,199,503                  6,437,892                  3,405,298                  3,482,594                   6,887,892                  3,649,076                  3,722,570                  7,371,646
  ORV Transfer #01B(ORV TRANS*41.5%)                         2,297,319                  2,269,733                  4,567,051                  2,415,724                  2,470,558                   4,886,282                  2,588,661                  2,640,797                  5,229,458
  LESS: SNOWMOBILE TRANSFER #01M                             1,004,015                  1,004,557                  2,008,571                  1,067,865                  1,084,083                   2,151,948                  1,148,642                  1,164,984                  2,313,626
  Total to #268 - NOVA                                       3,238,389                  3,199,503                  6,437,892                  3,405,298                  3,482,594                   6,887,892                  3,649,076                  3,722,570                  7,371,646

NET GASOLINE TAX (Total to 108)                           937,339,424                959,720,771             1,897,060,195                 989,060,029              1,003,520,026              1,992,580,056              1,012,851,991              1,025,465,121              2,038,317,112



GROSS SPECIAL FUEL TAX                                    276,980,713                282,510,274                559,490,986                304,237,500                316,875,000                621,112,500                328,800,000                340,500,000                 669,300,000
  Less: Non-highway refunds                                45,478,233                 32,561,649                  78,039,882                 36,508,500                 38,025,000                 74,533,500                 39,456,000                 40,860,000                 80,316,000
  Less: Tribal Reservation Refunds                             728,199                     742,465                 1,470,664                     769,317                    785,433                  1,554,750                    798,300                    812,758                  1,611,058


REGULAR SPECIAL FUEL REVENUES                             230,774,280                249,206,160                479,980,441                266,959,683                278,064,567                545,024,250                288,545,700                298,827,242                 587,372,942

Total Regular Motor Fuel Revenues                      1,168,113,704              1,208,926,932              2,377,040,636              1,256,019,712               1,281,584,594              2,537,604,306              1,301,397,692              1,324,292,363              2,625,690,054
  Less: DOL Cost of Collection                               8,416,162                  8,716,177                 17,132,339                  8,866,542                  9,044,789                 17,911,331                   9,242,772                  9,440,689                18,683,461
Regular Net for Distribution                           1,159,697,542              1,200,210,755              2,359,908,297              1,247,153,170               1,272,539,805              2,519,692,975              1,292,154,920              1,314,851,674              2,607,006,593

$5 SPECIAL FUEL SINGLE TRIP PERMIT SURCHARGE
  Motor Carriers                                                 51,362                     52,389                    103,751                      53,437                     54,506                   107,943                      55,596                     56,708                   112,304
  Non-Motor Carriers                                               6,696                      6,830                    13,527                       6,967                      7,106                     14,073                       7,248                      7,393                    14,642
                                                  -------------------------- -------------------------- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NET SPECIAL FUEL TAX (Total to 108)                        230,832,339                249,265,380                480,097,719                267,020,087                278,126,179                545,146,266                288,608,545                298,891,343                 587,499,888

Reservation Refunds
  Gasoline                                                   9,251,441                  9,445,411                 18,696,852                  9,797,489                 10,002,732                 19,800,221                 10,166,593                 10,350,728                 20,517,321
  Special Fuel                                                 728,199                     742,465                 1,470,664                     769,317                    785,433                  1,554,750                    798,300                    812,758                  1,611,058
Total Reservation Refunds                                    9,979,640                10,187,876                  20,167,516                 10,566,806                 10,788,165                 21,354,971                 10,964,892                 11,163,486                 22,128,379




                                                                                                                                          26
                                                                                                                 STATE MOTOR FUEL TAX
                                                                                                                     REVENUE FORECAST
                                                                                                                         September 2008

                                                      Fiscal Year             Fiscal Year            BIENNIUM                Fiscal Year            Fiscal Year             BIENNIUM               Fiscal Year             Fiscal Year            BIENNIUM
                                                          2014                    2015               2013-2015                   2016                   2017                2015-2017                  2018                    2019               2017-2019


GROSS FUEL TAX                                     $1,424,100,000 $1,451,550,000 $2,875,650,000 $1,480,650,000 $1,509,000,000 $2,989,650,000 $1,539,525,000 $1,574,400,000 $3,113,925,000
TOTAL REFUNDS & TRANSFERS                              $75,233,991            $77,212,379           $152,446,370             $79,250,621             $81,308,576           $160,559,197             $83,456,998            $85,758,563           $169,215,561


GROSS GASOLINE TAX                                 $1,071,637,500 $1,086,937,500 $2,158,575,000 $1,103,700,000 $1,119,337,500 $2,223,037,500 $1,136,700,000 $1,157,962,500 $2,294,662,500
  LESS: NON-HIGHWAY REFUNDS                               6,965,644               7,065,094             14,030,738               7,174,050              7,275,694             14,449,744               7,388,550               7,526,756            14,915,306
  LESS: TRIBAL RESERVATION REFUNDS                       10,547,083             10,750,382              21,297,465             10,965,900              11,175,865             22,141,765             11,401,937              11,660,226             23,062,163
  LESS: AERONAUTICS TRANSFER #039                            300,056                304,340                 604,396                309,034                 313,412                622,446                 318,274                324,227                 642,501
  LESS: GENERAL FUND TRANSFER #001                           751,219                757,412              1,508,631                 761,256                 766,475              1,527,731                 759,157                744,699              1,503,856

  Transfer from #108 to #048 (0.90%)                      9,644,738               9,782,438             19,427,175               9,933,300             10,074,038             20,007,338             10,230,300              10,421,663             20,651,963
  Transfer back to #108                                   3,729,299               3,782,543              7,511,841               3,840,876              3,895,295               7,736,171              3,955,716               4,029,710              7,985,426
  Marine Ref - Recreation Resource Account #267           5,915,439               5,999,895             11,915,334               6,092,424              6,178,743             12,271,167               6,274,584               6,391,953            12,666,537
  LESS: MARINE TRANSFER #048                              5,915,439               5,999,895             11,915,334               6,092,424              6,178,743             12,271,167               6,274,584               6,391,953            12,666,537
  LESS: ORV TRANSFER (Transfer Reserve ORV)               6,450,530               6,542,213             12,992,743               6,642,733              6,736,419             13,379,152               6,840,518               6,968,184            13,808,702
  ORV Transfer to #268 (ORV TRANS*58.5%)                  3,773,560               3,827,195              7,600,755               3,885,999              3,940,805               7,826,804              4,001,703               4,076,388              8,078,091
  ORV Transfer #01B(ORV TRANS*41.5%)                      2,676,970               2,715,018              5,391,988               2,756,734              2,795,614               5,552,348              2,838,815               2,891,796              5,730,611
  LESS: SNOWMOBILE TRANSFER #01M                          1,180,344               1,195,403              2,375,747               1,210,161              1,224,919               2,435,081              1,239,677               1,254,436              2,494,113
  Total to #268 - NOVA                                    3,773,560               3,827,195              7,600,755               3,885,999              3,940,805               7,826,804              4,001,703               4,076,388              8,078,091

NET GASOLINE TAX (Total to 108)                     1,039,527,186           1,054,322,761          2,093,849,946           1,070,544,442          1,085,665,973           2,156,210,415          1,102,477,303           1,123,092,019          2,225,569,323



GROSS SPECIAL FUEL TAX                                 352,462,500            364,612,500             717,075,000            376,950,000             389,662,500            766,612,500             402,825,000            416,437,500             819,262,500
  Less: Non-highway refunds                              42,295,500             43,753,500              86,049,000             45,234,000              46,759,500             91,993,500             48,339,000              49,972,500             98,311,500
  Less: Tribal Reservation Refunds                           828,176                844,140              1,672,316                 861,063                 877,549              1,738,612                 895,301                915,582              1,810,883


REGULAR SPECIAL FUEL REVENUES                          309,338,824            320,014,860             629,353,684            330,854,937             342,025,451            672,880,388             353,590,699            365,549,418             719,140,117

Total Regular Motor Fuel Revenues                   1,348,866,009           1,374,337,621          2,723,203,630           1,401,399,379          1,427,691,424           2,829,090,803          1,456,068,002           1,488,641,437          2,944,709,439
  Less: DOL Cost of Collection                            9,631,947               9,827,335             19,459,282             10,023,308              10,226,710             20,250,018             10,430,819              10,634,212             21,065,031
Regular Net for Distribution                        1,339,234,062           1,364,510,286          2,703,744,348           1,391,376,071          1,417,464,714           2,808,840,785          1,445,637,183           1,478,007,225          2,923,644,408

$5 SPECIAL FUEL SINGLE TRIP PERMIT SURCHARGE
  Motor Carriers                                              57,842                  58,999                116,841                  60,179                 61,382                121,561                  62,610                  63,862                126,472
  Non-Motor Carriers                                            7,541                   7,692                15,233                    7,846                  8,003                 15,848                   8,163                   8,326                16,489
                                                  --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NET SPECIAL FUEL TAX (Total to 108)                    309,404,207            320,081,551              629,485,758           330,922,962             342,094,836             673,017,798            353,661,472            365,621,606              719,283,078

Reservation Refunds
  Gasoline                                               10,547,083             10,750,382              21,297,465             10,965,900              11,175,865             22,141,765             11,401,937              11,660,226             23,062,163
  Special Fuel                                               828,176                844,140              1,672,316                 861,063                 877,549              1,738,612                 895,301                915,582              1,810,883
Total Reservation Refunds                                11,375,260             11,594,522              22,969,781             11,826,963              12,053,414             23,880,377             12,297,238              12,575,808             24,873,046




                                                                                                                                           27
                                                                                          STATE MOTOR FUEL TAX
                                                                                             REVENUE FORECAST
                                                                                                 September 2008

                                                      Fiscal Year             Fiscal Year             BIENNIUM               Fiscal Year            Fiscal Year             BIENNIUM               Fiscal Year             Fiscal Year             BIENNIUM
                                                           2020                   2021                2019-2021                  2022                    2023               2021-2023                   2024                   2025                2023-2025


GROSS FUEL TAX                                     $1,608,037,500 $1,636,575,000 $3,244,612,500 $1,662,562,500 $1,685,400,000 $3,347,962,500 $1,706,250,000 $1,729,837,500 $3,436,087,500
TOTAL REFUNDS & TRANSFERS                              $87,956,776             $89,986,820          $177,943,596              $92,001,748            $93,976,579           $185,978,327             $95,918,819             $97,967,540          $193,886,359


GROSS GASOLINE TAX                                 $1,178,775,000 $1,194,900,000 $2,373,675,000 $1,208,025,000 $1,217,662,500 $2,425,687,500 $1,224,975,000 $1,234,650,000 $2,459,625,000
  LESS: NON-HIGHWAY REFUNDS                               7,662,038               7,766,850             15,428,888               7,852,163              7,914,806             15,766,969               7,962,338               8,025,225             15,987,563
  LESS: TRIBAL RESERVATION REFUNDS                       11,909,350             12,120,703              24,030,053             12,313,170              12,482,308             24,795,477              12,636,726             12,811,418              25,448,143
  LESS: AERONAUTICS TRANSFER #039                            330,055                334,570                 664,624                338,245                 340,943                679,188                 342,991                345,700                 688,690
  LESS: GENERAL FUND TRANSFER #001                           739,809                742,990              1,482,799                 752,782                 771,454              1,524,236                 789,444                803,416              1,592,860

  Transfer from #108 to #048 (0.90%)                     10,608,975             10,754,100              21,363,075             10,872,225              10,958,963             21,831,188              11,024,775             11,111,850              22,136,625
  Transfer back to #108                                   4,102,137               4,158,252              8,260,389               4,203,927              4,237,466               8,441,393              4,262,913               4,296,582              8,559,495
  Marine Ref - Recreation Resource Account #267           6,506,838               6,595,848             13,102,686               6,668,298              6,721,497             13,389,795               6,761,862               6,815,268             13,577,130
  LESS: MARINE TRANSFER #048                              6,506,838               6,595,848             13,102,686               6,668,298              6,721,497             13,389,795               6,761,862               6,815,268             13,577,130
  LESS: ORV TRANSFER (Transfer Reserve ORV)               7,093,150               7,189,771             14,282,921               7,268,234              7,325,578             14,593,812               7,368,841               7,426,376             14,795,217
  ORV Transfer to #268 (ORV TRANS*58.5%)                  4,149,493               4,206,016              8,355,509               4,251,917              4,285,463               8,537,380              4,310,772               4,344,430              8,655,202
  ORV Transfer #01B(ORV TRANS*41.5%)                      2,943,657               2,983,755              5,927,412               3,016,317              3,040,115               6,056,432              3,058,069               3,081,946              6,140,015
  LESS: SNOWMOBILE TRANSFER #01M                          1,268,892               1,283,349              2,552,242               1,297,505              1,311,359               2,608,864              1,311,359               1,311,661              2,623,020
  Total to #268 - NOVA                                    4,149,493               4,206,016              8,355,509               4,251,917              4,285,463               8,537,380              4,310,772               4,344,430              8,655,202

NET GASOLINE TAX (Total to 108)                      1,143,264,868          1,158,865,919           2,302,130,788          1,171,534,605           1,180,794,554          2,352,329,159          1,187,801,440           1,197,110,936          2,384,912,376



GROSS SPECIAL FUEL TAX                                 429,262,500             441,675,000            870,937,500             454,537,500            467,737,500             922,275,000            481,275,000             495,187,500            976,462,500
  Less: Non-highway refunds                              51,511,500             53,001,000            104,512,500              54,544,500              56,128,500            110,673,000              57,753,000             59,422,500            117,175,500
  Less: Tribal Reservation Refunds                           935,144                951,740              1,886,884                 966,853                 980,134              1,946,986                 992,259              1,005,976              1,998,235


REGULAR SPECIAL FUEL REVENUES                          376,815,856             387,722,260            764,538,116             399,026,147            410,628,866             809,655,014            422,529,741             434,759,024            857,288,765

Total Regular Motor Fuel Revenues                    1,520,080,724          1,546,588,180           3,066,668,904          1,570,560,752           1,591,423,421          3,161,984,173          1,610,331,181           1,631,869,960          3,242,201,141
  Less: DOL Cost of Collection                           10,847,175             11,068,816              21,915,991             11,286,379              11,510,666             22,797,045              11,737,797             11,964,617              23,702,414
Regular Net for Distribution                         1,509,233,549          1,535,519,364           3,044,752,913          1,559,274,373           1,579,912,755          3,139,187,128          1,598,593,384           1,619,905,343          3,218,498,727

$5 SPECIAL FUEL SINGLE TRIP PERMIT SURCHARGE
  Motor Carriers                                               65,140                 66,442                131,582                  67,771                  69,127               136,898                   70,509                 71,919                142,428
  Non-Motor Carriers                                            8,493                   8,662                 17,155                   8,836                  9,012                 17,848                   9,193                   9,376                 18,569
                                                  -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NET SPECIAL FUEL TAX (Total to 108)                    376,889,488             387,797,365             764,686,853            399,102,754            410,707,005              809,809,759           422,609,443             434,840,320             857,449,763

Reservation Refunds
  Gasoline                                               11,909,350             12,120,703              24,030,053             12,313,170              12,482,308             24,795,477              12,636,726             12,811,418              25,448,143
  Special Fuel                                               935,144                951,740              1,886,884                 966,853                 980,134              1,946,986                 992,259              1,005,976              1,998,235
Total Reservation Refunds                                12,844,494             13,072,443              25,916,937             13,280,023              13,462,441             26,742,464              13,628,984             13,817,394              27,446,378




                                                                                                                                            28
Table of Contents                           Motor Fuel Tax Refunds & Transfers
                                             RCW Citations & Explanations


   Refunds & Transfers       RCW Citation                                                            Explanation
Nonhighway Use Refunds
  Gasoline                    82.36.280     Several other sections of RCW 82.36 and RCW 82.38 apply to non-highway use refunds as well. Examples
  Special Fuel                82.38.180     of non-highway use include farming, logging, marine, construction, industrial, government, export and other uses.

Tribal Reservation Refunds    82.36.450     Fuel tax agreements with the Department of Licensing provide refunds to tribal governments for the Tribes of the Colville
                              82.38.310     Reservation (5,889 members), Lummi (3,011 members), Makah (1,979 members), Muckleshoot (1,596 members),
                                            Nisqually (432 members), Quileute (436 members), Quinault (1,929 members), and Tulalip (2,818 members).
                                            Motor fuel sales on the Yakama reservation are taxed at 25% of the current motor fuel tax rate based on the calculation
                                            that 75% of motor fuel sales from tribal service stations is purchased by tribal members.
                                            Agreements with Nooksack, Port Gamble S'Kallam, Puyallup, Skokomish, Spokane, Squaxin Island, Suquamish,
                                            and Swinomish tribes are based upon a revenue sharing formula where tribes purchase taxed fuel and then file
                                            for a 75 percent refund with a net 25% of the tax remaining with the state.
                                            The Chehalis tribe currently has a consent decree whereby they receive refunds based upon actual
                                            gallons sold to tribal members.

Aeronautics Transfer          82.36.415     DOL requests the state treasurer to transfer 0.028 percent to the Aeronautics Account (#039).
                              82.42.090     Statutory reference to the Aeronautics Account (#039).

General Fund Transfer         82.36.415     DOL requests the state treasurer to remit use tax to the General Fund (#001) as required
                                            by RCW 82.12.0256(3)(c) for unclaimed refunds for Aeronautics use.

Marine Transfer               43.99.030     DOL determines the proportion of motor fuel tax paid on marine fuel (0.90 percent as of July 2005).
                                            Refunds are paid to boaters and the remainder is transferred to the Recreation
                                            Resource Account (#267) at the 19¢ fuel tax rate, effective July 1, 2003. The rate changes to 20¢ on July 1, 2005;
                                            21¢ on July 1, 2007; 22¢ on July 1, 2009; and 23¢ on July 1, 2011.
                              43.99.040     Statutory reference to the Marine Fuel Tax Refund Account (#048).
                              43.99.170     Statutory reference to the Recreation Resource Account (#267).

Off Road Vehicle Transfer     46.09.170     State Treasurer transfers 1 percent of the motor vehicle fuel tax revenue (net of nonhighway use
                                            refunds) from the Motor Vehicle Account (#108). The 1 percent transfer is divided between
                                            two accounts: 41.5 percent is transferred to the ORV and Non-highway Vehicle Account (#01B) and
                                            58.5 percent is transferred to the Nonhighway and Off-Road Vehicle Activities Program Account (#268).
                                            The transfer is made at the 19¢ fuel tax rate, effective July 1, 2003. The rate changes to 20¢ on July 1, 2005;
                                            21¢ on July 1, 2007; 22¢ on July 1, 2009; and 23¢ on July 1, 2011.
                              46.09.110     Statutory reference to the Off Road Vehicle and Nonhighway Use Account (#01B).
                              46.09.165     Statutory reference to the Nonhighway and Off-Road Vehicle Activities Program Account (NOVA - #268).

Snowmobile Transfer           46.10.170     State Treasurer transfers an amount based on registered snowmobiles times 135 gallons.
                                            The transfer is made at the 19¢ fuel tax rate, effective July 1, 2003. The rate changes to 20¢ on July 1, 2005;
                                            21¢ on July 1, 2007; 22¢ on July 1, 2009; and 23¢ on July 1, 2011.
                              46.10.150     DOL requests the State Treasurer to transfer motor fuel tax revenue to the Snowmobile Account (#01M).
                              46.10.075     Statutory reference to the Snowmobile Account (#01M).




                                                                                   29
                                                                                                                            Motor Fuel Tax Forecast to Forecast Biennial Comparison
                                                                                                                                         Based on Month of Collection
                                                                                                                                                September 2008
 These will not match biennial totals cos these are by month of collection while bienn comp are by month of distribution.


                                                                 Fiscal Year             Fiscal Year             2007-2009        2007-2009                                    Fiscal Year      Fiscal Year        2009-2011      2009-2011
COLLECTIONS                                                         2008                    2009                  Biennium        Biennium                                        2010             2011            Biennium        Biennium
                                                                                                               September 2008    June 2008        Difference     % Difference                                   September 2008    June 2008       Difference   % Difference
Gross Fuel Tax                                 $1,244,216,501                          $1,280,115,382           $2,524,331,883 $2,532,365,376      ($8,033,493)        -0.32% $1,325,322,101   $1,352,551,988    $2,677,874,089 $2,702,645,385   ($24,771,296)       -0.92%
Gross Gasoline Tax                               $967,563,394                            $992,178,722           $1,959,742,116 $1,956,845,260       $2,896,856          0.15% $1,019,943,435   $1,034,600,160    $2,054,543,595 $2,076,510,945   ($21,967,350)       -1.06%
Gross Special Fuel Tax                           $276,653,107                            $287,936,660             $564,589,767   $575,520,116     ($10,930,349)        -1.90%   $305,378,666     $317,951,828      $623,330,494   $626,134,440    ($2,803,946)       -0.45%
 Less: Refunds and Transfers                      $72,932,466                             $61,618,474             $134,550,940   $137,140,014      ($2,589,074)        -1.89%    $66,867,788      $69,015,406      $135,883,194   $136,262,980      ($379,786)       -0.28%
 Less: Distributions for Local Uses              $133,586,087                            $132,328,162             $265,914,249   $266,641,789         ($727,540)       -0.27%   $136,577,340     $139,357,463      $275,934,804   $278,311,344    ($2,376,540)       -0.85%
 Less: Distributions for State Uses               $64,432,547                             $64,058,794             $128,491,341   $128,746,883         ($255,542)       -0.20%    $66,142,918      $67,507,627      $133,650,545   $134,801,760    ($1,151,215)       -0.85%
 Less: MVFT Distributions to Cities & Counties   $244,960,887                            $242,414,066             $487,374,952   $488,809,532      ($1,434,580)        -0.29%   $250,202,718     $255,298,076      $505,500,794   $509,870,431    ($4,369,637)       -0.86%
Net to Nickel Account                            $162,645,147                            $161,113,585             $323,758,732   $324,644,534         ($885,802)       -0.27%   $166,287,089     $169,671,974      $335,959,063   $338,852,573    ($2,893,510)       -0.85%
Net to Transportation Partnership Account        $216,355,817                            $265,752,093             $482,107,911   $483,361,810      ($1,253,899)        -0.26%   $282,688,185     $288,442,491      $571,130,676   $576,049,646    ($4,918,970)       -0.85%
Net to Motor Vehicle Fund                        $349,303,549                            $352,830,209             $702,133,758   $703,020,813         ($887,056)       -0.13%   $356,556,063     $363,258,949      $719,815,012   $728,496,651    ($8,681,639)       -1.19%
                                                                 Fiscal Year             Fiscal Year             2011-2013        2011-2013                                    Fiscal Year      Fiscal Year        2013-2015      2013-2015
                                                                    2012                    2013                  Biennium        Biennium                                        2014             2015            Biennium        Biennium
                                                                                                               September 2008    June 2008        Difference    % Difference                                    September 2008    June 2008      Difference   % Difference
Gross Fuel Tax                                 $1,374,910,853                          $1,399,916,104           $2,774,826,956 $2,854,515,998     ($79,689,041)       -2.79% $1,426,509,885    $1,454,102,299    $2,880,612,184 $2,991,937,658 ($111,325,474)       -3.72%
Gross Gasoline Tax                             $1,045,054,343                          $1,058,335,890           $2,103,390,233 $2,176,426,935     ($73,036,703)       -3.36% $1,072,950,240    $1,088,375,723    $2,161,325,963 $2,266,249,710 ($104,923,748)       -4.63%
Gross Special Fuel Tax                           $329,856,510                            $341,580,214             $671,436,724   $678,089,063      ($6,652,339)       -0.98%   $353,559,645      $365,726,576      $719,286,221   $725,687,948   ($6,401,726)       -0.88%
 Less: Refunds and Transfers                      $71,327,308                             $73,295,137             $144,622,446   $146,763,727      ($2,141,282)       -1.46%    $75,233,991       $77,212,379      $152,446,370   $155,337,587   ($2,891,217)       -1.86%
 Less: Distributions for Local Uses             $141,505,540                            $143,991,090              $285,496,630  $293,842,663       ($8,346,033)       -2.84%   $146,661,237      $149,429,268      $296,090,505   $307,958,198  ($11,867,692)       -3.85%
 Less: Distributions for State Uses               $68,573,016                             $69,796,645             $138,369,661   $142,414,737      ($4,045,076)       -2.84%    $71,111,978       $72,477,206      $143,589,184   $149,344,462   ($5,755,279)       -3.85%
 Less: MVFT Distributions to Cities & Counties  $259,224,471                            $263,943,310              $523,167,780  $538,511,065      ($15,343,284)       -2.85%   $268,830,895      $273,895,979      $542,726,874   $564,540,991  ($21,814,117)       -3.86%
Net to Nickel Account                            $172,287,323                            $175,313,556             $347,600,879   $357,762,430     ($10,161,551)       -2.84%   $178,564,542      $181,934,705      $360,499,246   $374,948,525  ($14,449,279)       -3.85%
Net to Transportation Partnership Account        $292,888,586                            $298,033,186             $590,921,773   $608,196,417     ($17,274,645)       -2.84%   $303,559,864      $309,289,144      $612,849,007   $637,412,792  ($24,563,785)       -3.85%
Net to Motor Vehicle Fund                        $369,104,609                            $375,543,179             $744,647,788   $767,024,958     ($22,377,170)       -2.92%   $382,547,379      $389,863,618      $772,410,997   $802,395,102  ($29,984,105)       -3.74%
                                                                 Fiscal Year             Fiscal Year             2015-2017        2015-2017                                   Fiscal Year       Fiscal Year        2017-2019      2017-2019
                                                                    2016                    2017                  Biennium        Biennium                                        2018             2019            Biennium        Biennium
                                                                                                               September 2008    June 2008        Difference    % Difference                                    September 2008    June 2008       Difference   % Difference
Gross Fuel Tax                                 $1,483,139,636                          $1,511,678,276           $2,994,817,913 $3,106,415,430    ($111,597,518)       -3.59% $1,542,578,531    $1,577,343,810    $3,119,922,341 $3,210,254,970   ($90,332,629)       -2.81%
Gross Gasoline Tax                             $1,105,041,698                          $1,120,827,203           $2,225,868,900 $2,331,142,050    ($105,273,150)       -4.52% $1,138,524,323    $1,159,748,213    $2,298,272,535 $2,382,428,430   ($84,155,895)       -3.53%
Gross Special Fuel Tax                           $378,097,939                            $390,851,074             $768,949,013   $775,273,380      ($6,324,368)       -0.82%   $404,054,209      $417,595,598      $821,649,806   $827,826,540    ($6,176,734)       -0.75%
 Less: Refunds and Transfers                      $79,250,621                             $81,308,576            $160,559,197   $163,473,085       ($2,913,888)       -1.78%    $83,456,998       $85,758,563     $169,215,561   $171,628,306     ($2,412,745)       -1.41%
 Less: Distributions for Local Uses             $152,371,375                            $155,228,376             $307,599,750   $319,608,532      ($12,008,781)       -3.76%  $158,313,579      $161,858,463      $320,172,042   $329,997,527     ($9,825,485)       -2.98%
 Less: Distributions for State Uses               $73,928,943                             $75,340,397            $149,269,340   $155,096,828       ($5,827,489)       -3.76%    $76,863,398       $78,610,592     $155,473,990   $160,245,118     ($4,771,128)       -2.98%
 Less: MVFT Distributions to Cities & Counties  $279,278,941                            $284,504,478             $563,783,419   $585,853,084      ($22,069,665)       -3.77%  $290,148,598      $296,636,395      $586,784,993   $604,839,085    ($18,054,092)       -2.98%
Net to Nickel Account                           $185,516,810                            $188,995,295             $374,512,105   $389,133,163      ($14,621,059)       -3.76%   $192,751,624      $197,067,630      $389,819,254   $401,782,083   ($11,962,829)       -2.98%
Net to Transportation Partnership Account        $315,378,725                            $321,292,153             $636,670,878   $661,526,689     ($24,855,811)       -3.76%   $327,677,916      $335,015,129      $662,693,044   $683,029,863   ($20,336,819)       -2.98%
Net to Motor Vehicle Fund                        $397,414,223                            $405,009,001             $802,423,224   $831,724,049     ($29,300,825)       -3.52%   $413,366,418      $422,397,039      $835,763,457   $858,732,988   ($22,969,531)       -2.67%




                                                                                                                                                    30
                                                                                                                            Motor Fuel Tax Forecast to Forecast Biennial Comparison
                                                                                                                                         Based on Month of Collection
                                                                                                                                                September 2008
 These will not match biennial totals cos these are by month of collection while bienn comp are by month of distribution.


                                                                 Fiscal Year             Fiscal Year             2019-2021        2019-2021                                    Fiscal Year     Fiscal Year        2021-2023      2021-2023
                                                                    2020                    2021                  Biennium        Biennium                                        2022            2023            Biennium        Biennium
                                                                                                               September 2008    June 2008        Difference    % Difference                                   September 2008    June 2008       Difference   % Difference
Gross Fuel Tax                                 $1,610,541,874                          $1,638,862,609           $3,249,404,483 $3,311,181,683     ($61,777,200)       -1.87% $1,664,581,358   $1,687,249,849    $3,351,831,206 $3,411,692,370   ($59,861,164)       -1.75%
Gross Gasoline Tax                             $1,180,158,525                          $1,196,026,125           $2,376,184,650 $2,431,858,140     ($55,673,490)       -2.29% $1,208,851,898   $1,218,289,913    $2,427,141,810 $2,481,014,250   ($53,872,440)       -2.17%
Gross Special Fuel Tax                           $430,383,349                            $442,836,484             $873,219,833   $879,323,543      ($6,103,710)       -0.69%   $455,729,460     $468,959,936      $924,689,396   $930,678,120    ($5,988,724)       -0.64%
 Less: Refunds and Transfers                      $87,956,776                             $89,986,820             $177,943,596   $179,618,295      ($1,674,699)       -0.93%    $92,001,748      $93,976,579      $185,978,327   $187,538,391    ($1,560,063)       -0.83%
 Less: Distributions for Local Uses              $165,278,098                            $168,156,691             $333,434,790   $340,100,478      ($6,665,689)       -1.96%   $170,758,133     $173,018,268      $343,776,401   $350,134,593    ($6,358,192)       -1.82%
 Less: Distributions for State Uses               $80,297,924                             $81,722,157             $162,020,081   $165,258,983      ($3,238,902)       -1.96%    $83,011,735      $84,136,461      $167,148,196   $170,239,642    ($3,091,446)       -1.82%
 Less: MVFT Distributions to Cities & Counties   $302,893,089                            $308,156,008             $611,049,097   $623,295,009     ($12,245,912)       -1.96%   $312,909,743     $317,035,454      $629,945,197   $641,624,231   ($11,679,034)       -1.82%
Net to Nickel Account                            $201,231,140                            $204,735,915             $405,967,055   $414,082,735      ($8,115,680)       -1.96%   $207,903,250     $210,655,034      $418,558,284   $426,299,577    ($7,741,293)       -1.82%
Net to Transportation Partnership Account        $342,093,099                            $348,051,220             $690,144,318   $703,940,981     ($13,796,662)       -1.96%   $353,435,691     $358,113,726      $711,549,417   $724,709,622   ($13,160,205)       -1.82%
Net to Motor Vehicle Fund                        $430,791,748                            $438,053,797             $868,845,545   $884,885,200     ($16,039,656)       -1.81%   $444,561,058     $450,314,326      $894,875,384   $911,146,314   ($16,270,930)       -1.79%
                                                                 Fiscal Year             Fiscal Year             2023-2025        2023-2025
                                                                    2024                    2025                  Biennium        Biennium
                                                                                                               September 2008    June 2008        Difference    % Difference
Gross Fuel Tax                                 $1,708,336,414                          $1,731,967,429           $3,440,303,843 $3,514,925,295     ($74,621,453)       -2.12%
Gross Gasoline Tax                             $1,225,805,115                          $1,235,489,768           $2,461,294,883 $2,530,008,420     ($68,713,538)       -2.72%
Gross Special Fuel Tax                           $482,531,299                            $496,477,661             $979,008,960   $984,916,875      ($5,907,915)       -0.60%
 Less: Refunds and Transfers                      $95,918,819                             $97,967,540            $193,886,359   $195,778,854       ($1,892,495)       -0.97%
 Less: Distributions for Local Uses             $175,064,008                            $177,397,908             $352,461,916   $360,426,550       ($7,964,634)       -2.21%
 Less: Distributions for State Uses               $85,157,164                             $86,318,226            $171,475,389   $175,350,261       ($3,874,872)       -2.21%
 Less: MVFT Distributions to Cities & Counties  $320,767,133                            $325,027,867             $645,795,001   $660,422,474      ($14,627,473)       -2.21%
Net to Nickel Account                           $213,145,785                            $215,987,379             $429,133,164   $438,830,349       ($9,697,185)       -2.21%
Net to Transportation Partnership Account        $362,348,004                            $367,178,717             $729,526,721   $746,011,944     ($16,485,223)       -2.21%
Net to Motor Vehicle Fund                        $455,935,501                            $462,089,792             $918,025,293   $938,104,864     ($20,079,571)       -2.14%




                                                                                                                                                    31
                                Petroleum Prices--History and Forecast Scenarios--September 2008

                                                               1                                           1                                           2
                                 Washington Retail Gasoline              Washington Retail Diesel                      Crude Oil - Price per Barrel
                                Optimistic Baseline Pessimistic      Optimistic Baseline Pessimistic                 Optimistic Baseline Pessimistic
                    Jul-2007                3.05                                 3.05                                            74.12
                   Aug-2007                 2.88                                 3.15                                            72.36
Fiscal Year 2008   Sep-2007                 2.92                                 3.13                                            79.91
                   Oct-2007                 3.05                                 3.46                                            85.80
                   Nov-2007                 3.27                                 3.74                                            94.77
                   Dec-2007                 3.21                                 3.60                                            91.69
                   Jan-2008                 3.17                                 3.51                                            92.97
                   Feb-2008                 3.18                                 3.56                                            95.39
                   Mar-2008                 3.51                                 4.03                                            105.45
                   Apr-2008                 3.64                                 4.33                                            112.58
                   May-2008                 3.91                                 4.70                                            125.40
                   Jun-2008                 4.33                                 4.90                                            133.88
                     Annual
                                            3.34                                       3.76                                           97.03
                    Average

                    Jul-2008                4.36                                       4.92                                          133.37
                   Aug-2008                 4.07                                       4.64                                          116.67
                   Sep-2008       3.76      3.89        3.91            4.62           4.79            4.81           112.58         115.42     116.36
Fiscal Year 2009




                   Oct-2008       3.50      3.69        3.83            4.34           4.58            4.76            95.82         111.46     117.90
                   Nov-2008       3.54      3.74        3.88            4.42           4.67            4.86            98.27         114.32     120.92
                   Dec-2008       3.57      3.77        3.91            4.38           4.62            4.81            99.91         116.22     122.93
                   Jan-2009       3.41      3.65        3.92            3.98           4.24            4.56            94.96         110.22     122.52
                   Feb-2009       3.43      3.66        3.94            4.21           4.50            4.84            96.49         112.00     124.50
                   Mar-2009       3.50      3.74        4.02            4.38           4.67            5.03            98.02         113.78     126.48
                   Apr-2009       3.55      3.86        4.20            4.31           4.68            5.10            95.20         110.50     124.00
                   May-2009       3.57      3.88        4.22            4.29           4.67            5.09            95.20         110.50     124.00
                   Jun-2009       3.57      3.89        4.23            4.27           4.65            5.06            95.20         110.50     124.00
                     Annual
                                  3.65      3.85        4.04            4.40           4.64            4.87           102.64         114.58     122.80
                    Average

                   July -Sept     3.43      3.73        4.10            4.25           4.63            5.11            93.91         109.00     124.50
    FY 2010




                    Oct - Dec     3.25      3.54        3.90            3.99           4.34            4.80            92.62         107.50     124.01
                    Jan - Mar     3.21      3.49        3.85            3.82           4.15            4.59            92.29         106.00     122.51
                   Apr - June     3.65      3.97        4.39            4.22           4.59            5.10            93.27         106.00     122.51
                      Annual
                                  3.39      3.68        4.06            4.07           4.43            4.90            93.02         107.13     123.38
                     Average

                   July -Sept     3.50      3.81        4.20            4.28           4.66            5.17            96.82         109.00     125.51
    FY 2011




                    Oct - Dec     3.38      3.67        4.04            4.06           4.42            4.88            99.49         112.00     128.51
                    Jan - Mar     3.39      3.68        4.04            3.97           4.32            4.77           101.29         114.00     130.51
                   Apr - June     3.85      4.18        4.57            4.40           4.79            5.27           101.29         114.00     129.51
                      Annual
                                  3.53      3.83        4.21            4.18           4.55            5.02            99.72         112.25     128.51
                     Average


Shading = Actuals; No shading = Forecast
1
 Washington retail price per gallon for gasoline is for all Grades. Both gasoline and diesel retail prices include state and federal taxes
2
     U.S. West Texas Intermediate Crude

SOURCES:
Retail Gasoline:
  Actuals are collected from Energy Information Administration (EIA) survey of retail prices for all grades of gasoline in Washington
  conducted each Monday.
  Forecasted prices are determined from Global Insight's September 2008 forecast of quarterly U.S. retail prices for all grades of gasoline adjusted for
  Washington's taxes compared to U.S. taxes.
  Forecasted monthly prices are calculated from the relative monthly contribution toward quarterly prices taken from the series of U.S. gasoline prices
  published by the September 2008 EIA Short-Term Energy Outlook (STEO).
Retail Diesel:
  Actuals are collected from AAA's publication of retail prices for diesel in Washington conducted Monday of each week.
  Forecasted prices are determined from Global Insight's September 2008 forecast of producer price index for refined petroleum products.
  Forecasted monthly prices are calculated from the relative monthly contribution toward quarterly prices taken from the series of U.S. diesel prices
  published by the September 2008 EIA STEO.
West Texas Intermediate (WTI) Crude:
  Actuals are collected from Global Insight's September 2008 series for U.S. prices for WTI crude.
  Forecasted prices are determined from Global Insight's September 2008 forecast of WTI crude.
  Forecasted monthly prices are calculated from the relative monthly contribution toward quarterly prices taken from the series of U.S. WTI crude prices
  published by the September 2008 EIA STEO.




                                                                             32
                                Petroleum Prices--History and Forecast Scenarios--September 2008
                                Ex-tax Price per Gallon
                                                                     3
                                Washington State Ferry Diesel Fuel
                                 Optimistic Baseline Pessimistic
                    Jul-2007                  2.29
                   Aug-2007                   2.25
                   Sep-2007                   2.35




Fiscal Year 2008
                   Oct-2007                   2.75
                   Nov-2007                   2.86
                   Dec-2007                   2.66
                   Jan-2008                   2.52
                   Feb-2008                   2.80
                   Mar-2008                   3.26
                   Apr-2008                   3.54
                   May-2008                   3.87
                   Jun-2008                   3.93
                     Annual
                                               2.90
                    Average

                    Jul-2008                   4.02
                   Aug-2008        3.85        4.02       4.06
                   Sep-2008        3.77        3.94       3.97
Fiscal Year 2009




                   Oct-2008        3.49        3.73       3.92
                   Nov-2008        3.57        3.82       4.01
                   Dec-2008        3.53        3.77       3.96
                   Jan-2009        3.12        3.39       3.71
                   Feb-2009        3.36        3.65       4.00
                   Mar-2009        3.52        3.83       4.20
                   Apr-2009        3.45        3.84       4.27
                   May-2009        3.44        3.82       4.25
                   Jun-2009        3.42        3.80       4.22
                     Annual
                                   3.55        3.81       4.05
                    Average

                   July -Sept      3.40        3.79       4.28
    FY 2010




                    Oct - Dec      3.12        3.48       3.96
                    Jan - Mar      2.95        3.29       3.75
                   Apr - June      3.36        3.75       4.27
                      Annual
                                   3.21        3.58       4.06
                     Average

                   July -Sept      3.42        3.82       4.34
    FY 2011




                    Oct - Dec      3.20        3.56       4.04
                    Jan - Mar      3.11        3.46       3.92
                   Apr - June      3.54        3.95       4.44
                      Annual
                                   3.32        3.70       4.19
                     Average


Shading = Actuals; No shading = Forecast
3
 Ex-tax price per gallon


SOURCES:
Washington State Ferry Diesel Fuel:
Monthly actual prices are supplied by WSF.

Forecasted prices are determined from Global Insight's September 2008 forecast of producer price index for refined petroleum pro
Forecasted monthly prices are calculated from the relative monthly contribution toward quarterly prices taken from the series of
U.S. diesel prices published by the September 2008 EIA STEO.




                                                                 33
Motor Vehicle Licenses, Permits, and Fees
            Revenue Forecast
             September 2008




                   34
Transportation Revenue Forecast Council
Motor Vehicle Fiscal Year Forecasts                                                                                                                                                                                                                        Fiscal Years
September 2008

                                                                                 2008                2009                 2010                2011            2012                                      2013                  2014                  2015              2016
Motor Vehicles
 Passenger Cars                                          4,301,211                            4,328,174            4,420,038             4,529,955       4,609,480                                 4,685,975             4,759,563           4,830,170          4,900,820
       Annual Percentage Change                                                                      0.6                  2.1                   2.5             1.8                                       1.7                   1.6                 1.5                1.5
 Trucks                                                  1,512,831                            1,520,472            1,546,474             1,577,461       1,605,540                                 1,632,556             1,658,552           1,683,499          1,708,467
       Annual Percentage Change                                                                      0.5                  1.7                   2.0             1.8                                       1.7                   1.6                 1.5                1.5
 Total                                                   5,814,042                            5,848,646            5,966,512             6,107,416       6,215,020                                 6,318,532             6,418,115           6,513,669          6,609,288
       Annual Percentage Change                                                                      0.6                  2.0                   2.4             1.8                                       1.7                   1.6                 1.5                1.5

June 2008 Forecast
 Passenger Cars                                          4,287,084                            4,306,246            4,411,354             4,540,244       4,619,950                                 4,696,619             4,770,374           4,841,141          4,911,952
  Percentage Change Sep 2008 vs. June 2008                   0.330                                0.509                0.197                -0.227          -0.227                                    -0.227                -0.227              -0.227             -0.227
 Trucks                                                  1,523,216                            1,528,691            1,558,693             1,595,312       1,623,709                                 1,651,031             1,677,321           1,702,550          1,727,801
  Percentage Change Sep 2008 vs. June 2008                  -0.682                               -0.538               -0.784                -1.119          -1.119                                    -1.119                -1.119              -1.119             -1.119
 Total Cars and Trucks                                   5,810,300                            5,834,937            5,970,047             6,135,557       6,243,659                                 6,347,650             6,447,695           6,543,691          6,639,753
  Percentage Change Sep 2008 vs. June 2008                   0.064                                0.235               -0.059                -0.459          -0.459                                    -0.459                -0.459              -0.459             -0.459


Forecast Variables
 Percentage Change Personal Income in Constant Dollars                                                1.0                  3.3                 3.9             3.2                                       3.2                   3.2                  2.8               2.8
 Percentage Change in Population over 18                                          2.0                 1.9                  1.8                 1.7             1.5                                       1.4                   1.4                  1.3               1.3




                                                          Chart 1. Passenger Car Forecast Comparison                                                                                Chart 2. Truck Forecast Comparison


                                                                                                                                                                                            1.95
                                                                                 5.60
                                                                                                  September 2008               June 2008                                                                        September 2008               June 2008
                                                                                                                                                                                            1.90
                                                                                 5.40
                                                                                                                                                                                            1.85




                                                                                                                                                                     Millions of Vehicles
                                                          Millions of Vehicles




                                                                                 5.20                                                                                                       1.80
                                                                                 5.00                                                                                                       1.75
                                                                                                                                                                                            1.70
                                                                                 4.80
                                                                                                                                                                                            1.65
                                                                                 4.60
                                                                                                                                                                                            1.60
                                                                                 4.40                                                                                                       1.55

                                                                                 4.20                                                                                                       1.50
                                                                                    2008   2010    2012     2014   2016    2018   2020     2022   2024                                         2008     2010      2012      2014      2016   2018     2020     2022




                                                                                                                          35
Transportation Revenue Forecast Council
Motor Vehicle Fiscal Year Forecasts                                                                                                                           Fiscal Years
September 2008

                                                              2017         2018        2019       2020         2021         2022         2023         2024            2025
Motor Vehicles
 Passenger Cars                                          4,971,705    5,040,838    5,111,930 5,180,671    5,248,457    5,317,328    5,385,422    5,452,728       5,523,586
       Annual Percentage Change                                 1.4          1.4          1.4       1.3          1.3          1.3          1.3          1.2             1.3
 Trucks                                                  1,733,523    1,757,964    1,783,103 1,807,415    1,831,394    1,855,762    1,879,858    1,903,680       1,928,764
       Annual Percentage Change                                 1.5          1.4          1.4       1.4          1.3          1.3          1.3          1.3             1.3
 Total                                                   6,705,228    6,798,803    6,895,033 6,988,086    7,079,851    7,173,089    7,265,280    7,356,408       7,452,350
       Annual Percentage Change                                 1.5          1.4          1.4       1.3          1.3          1.3          1.3          1.3             1.3

June 2008 Forecast
 Passenger Cars                                          4,982,998    5,052,288    5,123,541 5,192,438    5,260,378    5,329,405    5,397,654    5,465,113       5,536,132
  Percentage Change Sep 2008 vs. June 2008                  -0.227       -0.227       -0.227    -0.227       -0.227       -0.227       -0.227       -0.227          -0.227
 Trucks                                                  1,753,140    1,777,858    1,803,282 1,827,869    1,852,120    1,876,762    1,901,132    1,925,223       1,950,591
  Percentage Change Sep 2008 vs. June 2008                  -1.119       -1.119       -1.119    -1.119       -1.119       -1.119       -1.119       -1.119          -1.119
 Total Cars and Trucks                                   6,736,138    6,830,146    6,926,822 7,020,307    7,112,498    7,206,168    7,298,786    7,390,336       7,486,723
  Percentage Change Sep 2008 vs. June 2008                  -0.459       -0.459       -0.459    -0.459       -0.459       -0.459       -0.459       -0.459          -0.459


Forecast Variables
 Percentage Change Personal Income in Constant Dollars         2.8          2.8         2.8        2.5          2.5          2.5          2.5          2.5             2.5
 Percentage Change in Population over 18                       1.3          1.2         1.2        1.2          1.1          1.1          1.1          1.1             1.1




                                                                                      36
Transportation Revenue Forecast Council
Licenses, Permits, and Fees


                                                        BIENNIUM        BIENNIUM                                    BIENNIUM        BIENNIUM
September 2008 Forecast                                 2007 - 2009     2007 - 2009          Difference             2009-2011       2009 - 2011          Difference
                                                      September 2008    June 2008         Value      Percentage   September 2008    June 2008         Value      Percentage
Collected by Department of Licensing:
 Registration Fees:
    Vehicles paying Basic License Fee ($30)             $292,444,284     $293,803,663   ($1,359,380)    -0.46%       $301,272,837    $306,426,459   ($5,153,622)     -1.68%
    Vehicles paying Combined License Fee (CLF)            350,655,154     350,214,778       440,376      0.13%        359,495,686     362,112,225    (2,616,539)     -0.72%
    Vehicles paying varying fees                            1,456,620       1,519,609       (62,989)    -4.15%          1,605,306       1,549,492        55,814       3.60%
    Vehicle Business Licenses and Fees                      3,068,257       2,994,800        73,457      2.45%          2,980,000       2,891,900        88,100       3.05%
    Personal Trailers                                      13,829,699      12,210,750     1,618,949     13.26%         14,232,760      12,828,919     1,403,841      10.94%
  Penalty Fees                                              5,912,677       5,896,814        15,862      0.27%          5,741,713       5,785,103       (43,390)     -0.75%
  Passenger Vehicle Weight Fees                           107,374,394     105,784,990     1,589,405      1.50%        110,593,772     110,557,294        36,477       0.03%
  Motor Home Weight Fees                                   10,547,558      11,300,675      (753,118)    -6.66%          9,815,385      11,400,702    (1,585,317)    -13.91%
  Capacity Fees                                                80,391          79,934           456      0.57%             81,662          80,544         1,118       1.39%
  Transaction Fees                                            211,504         214,050        (2,547)    -1.19%            210,000         210,000             0       0.00%
  Monthly License                                           1,117,318       1,108,706         8,612      0.78%          1,040,000       1,040,000             0       0.00%
  RV Disposal Fee                                           1,410,079       1,415,601        (5,522)    -0.39%          1,449,086       1,459,972       (10,885)     -0.75%
  Trip Permit Filing Fees                                      68,935          68,223           712      1.04%             70,000          70,000             0       0.00%
  Trip Permit Admin Fees and Surcharge                      6,774,143       7,027,021      (252,878)    -3.60%          6,976,547       7,393,169      (416,621)     -5.64%
  Farm Trip Permits                                             5,813           5,408           404      7.48%              5,848           4,045         1,804      44.59%
  Vehicle Inspection Fees                                  13,840,320      13,950,377      (110,057)    -0.79%         15,891,344      16,006,289      (114,945)     -0.72%
  Safety Inspection Fees                                    4,787,228       4,784,036         3,192      0.07%          5,346,038       5,346,038             0       0.00%
  Other Vehicle Registration Fees                       1,972,100           1,829,149       142,952      7.82%          1,804,269       1,556,126       248,144      15.95%
 Total Forecasted by DOT                                $815,556,473     $814,208,585    $1,347,888      0.17%       $838,612,254    $846,718,276   ($8,106,022)     -0.96%

 Forecasted by Department of Licensing
  Plate Replacement Fees                                  $28,402,578     $28,497,800     ($95,222)      -0.33%       $26,383,400     $26,482,200     ($98,800)      -0.37%
  Miscellaneous Fees                                          292,449         314,000      (21,551)      -6.86%           292,400         314,000      (21,600)      -6.88%
  Plate Reflectivity                                       11,074,856      11,093,100      (18,244)      -0.16%        10,612,400      10,695,400      (83,000)      -0.78%
  Title Fees                                               21,425,052      21,582,000     (156,948)      -0.73%        21,698,700      21,718,000      (19,300)      -0.09%
  IFTA Decals                                                 629,427         679,600      (50,173)      -7.38%           648,200         702,400      (54,200)      -7.72%
  Dealer Plates                                             1,278,616       1,235,400       43,216        3.50%         1,275,800       1,237,700       38,100        3.08%
  State Patrol Account Collections:
    Dealer Temporary Permits (WSP $10 Distribution)         8,135,255       7,980,300      154,955       1.94%         11,429,000      11,511,800      (82,800)      -0.72%
    Copies of Records (ADR) (WSP $5 Distribution)          28,041,801      28,003,229       38,572       0.14%         29,826,110      30,031,800     (205,690)      -0.68%
  Multimodal Account Collections:
    Filing Fees                                             2,824,947       2,912,000      (87,053)      -2.99%         2,973,100       3,009,500      (36,400)      -1.21%
    Plate Number Retention Fees                               963,020         938,800       24,220        2.58%           870,800         873,600       (2,800)      -0.32%
Total Forecasted by DOL                                  $103,068,001    $103,236,229    ($168,229)      -0.16%      $106,009,910    $106,576,400    ($566,490)      -0.53%

Collected by Department of Transportation
Special Permit Fees                                       $15,326,634     $15,266,974      $59,660        0.39%       $13,449,941     $13,737,481    ($287,540)      -2.09%
Bus Mileage                                                    55,481          56,267         (786)      -1.40%            56,000          56,000            0        0.00%
Outdoor Advertising                                            32,180          32,975         (795)      -2.41%            25,000          25,000            0        0.00%
Access Permits                                                131,855         129,599        2,256        1.74%           150,000         150,000            0        0.00%
 Total Collected by DOT                                   $15,546,150     $15,485,815      $60,335        0.39%       $13,680,941     $13,968,481    ($287,540)      -2.06%

Total Revenue from
 Licenses, Permits, and Fees                             $934,170,624     932,930,629   $1,239,995       0.13%       $958,303,105     967,263,157   ($8,960,052)     -0.93%




                                                                                         37
Transportation Revenue Forecast Council
Licenses, Permits, and Fees


                                                            BIENNIUM            BIENNIUM                                   BIENNIUM             BIENNIUM
September 2008 Forecast                                     2007 - 2009         2007 - 2009         Difference             2009-2011            2009 - 2011          Difference
                                                          September 2008        June 2008        Value      Percentage   September 2008         June 2008         Value      Percentage
Forecast of Distributions

 Motor Vehicle Fund-Fund 108                                 $383,798,178   $     381,991,131   $1,807,047       0.47%      $389,509,238    $     392,245,062   ($2,735,824)       -0.70%
 State Patrol-Fund 081                                        322,765,348         324,429,594   (1,664,247)     -0.51%       337,398,553          341,557,645    (4,159,092)       -1.22%
 State Ferries-Fund 109                                        15,301,042          15,476,673     (175,631)     -1.13%        15,901,317           16,102,071      (200,754)       -1.25%
 RV Disposal Fee-Fund 097                                       1,410,079           1,415,601       (5,522)     -0.39%         1,449,086            1,459,972       (10,885)       -0.75%
 Multimodal Fund-Fund 2181                                    128,501,995         127,699,179      802,816      0.63%        130,897,869          132,535,399    (1,637,530)       -1.24%
 Transportation 2003 (Nickel) Account-Fund 550                 28,226,252          28,131,038       95,215      0.34%         34,044,265           34,120,580       (76,315)       -0.22%
 Transportation Partnership Account-Fund 09H                   42,607,135          42,314,913      292,222      0.69%         43,102,776           43,242,429      (139,652)       -0.32%
 Freight Mobility Multimodal Account-Fund 11E                   6,000,000           6,000,000          -        0.00%          6,000,000            6,000,000           -           0.00%
 Air Pollution Control-Fund 216                                 4,326,562           4,258,000       68,562      1.61%                  0                    0           -           0.00%
 Vessel Response Account-Fund 07C                               1,234,033           1,214,500       19,533      1.61%                  0                    0           -           0.00%
  Total                                                      $934,170,624   $     932,930,629    1,239,995      0.13%       $958,303,105    $     967,263,157    (8,960,052)       -0.93%
            2
Transfers

 Motor Vehicle Fund-Fund 108                                 $383,798,178   $     381,991,131   $1,807,047      0.47%       $389,509,238    $     392,245,062   ($2,735,824)       -0.70%
  Capron                                                        4,380,241           4,375,322        4,919      0.11%          4,490,652            4,544,715       (54,063)       -1.19%
 Balance in Motor Vehicle Fund                               $379,417,937   $     377,615,809    1,802,128      0.48%       $385,018,586    $     387,700,347    (2,681,761)       -0.69%

 Multimodal Account                                          $128,501,995   $     127,699,179     802,816       0.63%       $130,897,869    $     132,535,399    (1,637,530)       -1.24%
  Transportation Infrastructure Account-Fund 094                5,000,000           5,000,000         -         0.00%          5,000,000            5,000,000           -           0.00%
  Regional Mobility Grant Program Account 3                    40,000,000          40,000,000         -         0.00%         40,000,000           40,000,000           -           0.00%
 Balance in Multimodal Account                                $83,501,995   $      82,699,179     802,816       0.97%        $85,897,869    $      87,535,399    (1,637,530)       -1.87%

 Transportation Partnership Account-Fund 09H                  $42,607,135   $      42,314,913     292,222       0.69%         $43,102,776   $      43,242,429     (139,652)        -0.32%
  Small City Pavement and Sidewalk Account-Fund 08M             2,000,000           2,000,000         -         0.00%           2,000,000           2,000,000          -            0.00%
  Transportation Improvement Account-Fund 144                   5,000,000           5,000,000         -         0.00%           5,000,000           5,000,000          -            0.00%
  County Arterial Preservation Account-Fund 186                 3,000,000           3,000,000         -         0.00%           3,000,000           3,000,000          -            0.00%
  Freight Mobility Investment Account-Fund 09E                  6,000,000           6,000,000         -         0.00%           6,000,000           6,000,000          -            0.00%
 Balance in Transportation Partnership Account                $26,607,135   $      26,314,913     292,222       1.11%         $27,102,776   $      27,242,429     (139,652)        -0.51%

 Capron Distribution
  Island County                                                $2,887,456   $       2,884,213       $3,243      0.11%          $2,960,239   $       2,995,877     ($35,638)        -1.19%
  San Juan County                                               1,492,785           1,491,109        1,676      0.11%           1,530,413           1,548,838      (18,425)        -1.19%
 Total                                                         $4,380,241   $       4,375,322        4,919      0.11%          $4,490,652   $       4,544,715      (54,063)        -1.19%
                                                      1
                                                      Multimodal Fund = Penalty Fees, Plate Number Retention Fees, Filing Fees, and a portion of Title Fees, Vehicle Weight Fees
                                                      2
                                                      Most transfers occur on July 1st of each year. Capron transfers occur monthly.
                                                      3
                                                      Transfer occurs the last day of September, December, March, and June.




                                                                                                38
Transportation Revenue Forecast Council
Licenses, Permits, and Fees


                                                        BIENNIUM        BIENNIUM                                  BIENNIUM        BIENNIUM
September 2008 Forecast                                 2011-2013       2011 - 2013          Difference           2013-2015       2013 - 2015          Difference
                                                      September 2008    June 2008         Value      Percentage September 2008    June 2008         Value      Percentage
Collected by Department of Licensing:
 Registration Fees:
    Vehicles paying Basic License Fee ($30)              $313,591,948    $319,275,651   ($5,683,703)    -1.78%    $324,407,334     $330,062,184   ($5,654,850)     -1.71%
    Vehicles paying Combined License Fee (CLF)            372,446,938     375,785,587    (3,338,649)    -0.89%     384,403,764      387,849,595    (3,445,831)     -0.89%
    Vehicles paying varying fees                            1,637,067       1,574,283        62,784      3.99%       1,665,689        1,601,579        64,109       4.00%
    Vehicle Business Licenses and Fees                      2,926,300       2,860,200        66,100      2.31%       2,881,400        2,851,000        30,400       1.07%
    Personal Trailers                                      14,953,294      13,478,383     1,474,911     10.94%      15,710,304       14,160,726     1,549,578      10.94%
  Penalty Fees                                              5,972,997       6,024,059       (51,062)    -0.85%       6,180,783        6,229,967       (49,185)     -0.79%
  Passenger Vehicle Weight Fees                           115,235,902     115,408,813      (172,911)    -0.15%     119,273,834      119,430,689      (156,854)     -0.13%
  Motor Home Weight Fees                                    9,912,227      11,552,912    (1,640,685)   -14.20%      10,047,985       11,769,696    (1,721,711)    -14.63%
  Capacity Fees                                                82,481          81,352         1,129      1.39%          83,308           82,167         1,141       1.39%
  Transaction Fees                                            210,000         210,000             0      0.00%         210,000          210,000             0       0.00%
  Monthly License                                           1,040,000       1,040,000             0      0.00%       1,040,000        1,040,000             0       0.00%
  RV Disposal Fee                                           1,479,014       1,486,060        (7,046)    -0.47%       1,509,936        1,515,336        (5,400)     -0.36%
  Trip Permit Filing Fees                                      70,000          70,000             0      0.00%          70,000           70,000             0       0.00%
  Trip Permit Admin Fees and Surcharge                      7,231,499       7,694,600      (463,101)    -6.02%       7,463,655        7,938,198      (474,543)     -5.98%
  Farm Trip Permits                                             6,006           4,154         1,852     44.59%           6,158            4,259         1,899      44.59%
  Vehicle Inspection Fees                                  16,531,469      16,667,436      (135,968)    -0.82%      17,106,557       17,237,146      (130,589)     -0.76%
  Safety Inspection Fees                                    5,830,244       5,830,244             0      0.00%       6,360,750        6,360,750             0       0.00%
  Other Vehicle Registration Fees                           1,876,948       1,620,402       256,545     15.83%       1,942,242        1,675,789       266,453      15.90%
 Total Forecasted by DOT                                 $871,034,333    $880,664,136   ($9,629,804)    -1.09%    $900,363,698     $910,089,081   ($9,725,383)     -1.07%

 Forecasted by Department of Licensing
  Plate Replacement Fees                                  $28,406,000     $28,504,800     ($98,800)     -0.35%     $29,791,300      $29,931,300    ($140,000)      -0.47%
  Miscellaneous Fees                                          292,400         314,000      (21,600)     -6.88%         292,400          314,000      (21,600)      -6.88%
  Plate Reflectivity                                       11,338,700      11,450,700     (112,000)     -0.98%      11,795,800       11,909,600     (113,800)      -0.96%
  Title Fees                                               23,018,600      22,887,200      131,400       0.57%      23,591,500       23,522,200       69,300        0.29%
  IFTA Decals                                                 671,800         729,300      (57,500)     -7.88%         693,400          752,800      (59,400)      -7.89%
  Dealer Plates                                             1,348,400       1,316,500       31,900       2.42%       1,387,700        1,353,500       34,200        2.53%
  State Patrol Account Collections:
    Dealer Temporary Permits (WSP $10 Distribution)        11,758,900      11,861,800     (102,900)     -0.87%       11,666,800      11,769,000      (102,200)     -0.87%
    Copies of Records (ADR) (WSP $5 Distribution)          31,106,010      31,574,280     (468,270)     -1.48%       31,958,030      33,111,780    (1,153,750)     -3.48%
  Multimodal Account Collections:
    Filing Fees                                             3,081,700       3,124,700      (43,000)     -1.38%       3,180,600        3,224,900       (44,300)     -1.37%
    Plate Number Retention Fees                               940,600         943,300       (2,700)     -0.29%         995,700          999,000        (3,300)     -0.33%
Total Forecasted by DOL                                  $111,963,110    $112,706,580    ($743,470)     -0.66%    $115,353,230     $116,888,080   ($1,534,850)     -1.31%

Collected by Department of Transportation
Special Permit Fees                                       $13,734,148     $14,133,571    ($399,423)     -2.83%     $14,175,061      $14,593,474    ($418,413)      -2.87%
Bus Mileage                                                    56,000          56,000            0       0.00%          56,000           56,000            0        0.00%
Outdoor Advertising                                            25,000          25,000            0       0.00%          25,000           25,000            0        0.00%
Access Permits                                                150,000         150,000            0       0.00%         150,000          150,000            0        0.00%
Total Collected by DOT                                    $13,965,148     $14,364,571    ($399,423)     -2.78%     $14,406,061      $14,824,474    ($418,413)      -2.82%

Total Revenue from
 Licenses, Permits, and Fees                             $996,962,590   1,007,735,287 ($10,772,697)     -1.07%   $1,030,122,989   1,041,801,635 ($11,678,646)      -1.12%




                                                                                         39
Transportation Revenue Forecast Council
Licenses, Permits, and Fees


                                                            BIENNIUM            BIENNIUM                                  BIENNIUM             BIENNIUM
September 2008 Forecast                                     2011-2013           2011 - 2013          Difference           2013-2015            2013 - 2015          Difference
                                                          September 2008        June 2008         Value      Percentage September 2008         June 2008         Value      Percentage
Forecast of Distributions

 Motor Vehicle Fund-Fund 108                                 $405,157,668   $     408,641,967   ($3,484,299)    -0.85%    $418,932,168     $     422,518,430   ($3,586,262)        -0.85%
 State Patrol-Fund 081                                        351,009,971         355,969,485    (4,959,514)    -1.39%     362,571,857           368,205,951    (5,634,094)        -1.53%
 State Ferries-Fund 109                                        16,529,385          16,758,027      (228,642)    -1.36%      17,090,564            17,318,622      (228,057)        -1.32%
 RV Disposal Fee-Fund 097                                       1,479,014           1,486,060        (7,046)    -0.47%       1,509,936             1,515,336        (5,400)        -0.36%
 Multimodal Fund-Fund 2181                                    136,466,427         138,334,984    (1,868,558)    -1.35%      141,184,202          143,137,452    (1,953,250)        -1.36%
 Transportation 2003 (Nickel) Account-Fund 550                 35,640,565          35,650,472        (9,907)    -0.03%       36,688,396           36,741,504       (53,107)        -0.14%
 Transportation Partnership Account-Fund 09H                   44,679,561          44,894,293      (214,731)    -0.48%       46,145,866           46,364,342      (218,476)        -0.47%
 Freight Mobility Multimodal Account-Fund 11E                   6,000,000           6,000,000           -        0.00%        6,000,000            6,000,000           -            0.00%
 Air Pollution Control-Fund 216                                         0                   0           -        0.00%                0                    0           -            0.00%
 Vessel Response Account-Fund 07C                                       0                   0           -        0.00%                0                    0           -            0.00%
  Total                                                      $996,962,590   $   1,007,735,287   (10,772,697)    -1.07%   $1,030,122,989    $   1,041,801,635   (11,678,646)        -1.12%
         2
Transfers

 Motor Vehicle Fund-Fund 108                                 $405,157,668   $     408,641,967   ($3,484,299)    -0.85%    $418,932,168     $     422,518,430   ($3,586,262)        -0.85%
  Capron                                                        4,663,450           4,725,890       (62,440)    -1.32%       4,818,950             4,881,760       (62,809)        -1.29%
 Balance in Motor Vehicle Fund                               $400,494,218   $     403,916,077    (3,421,859)    -0.85%    $414,113,217     $     417,636,670    (3,523,453)        -0.84%

 Multimodal Account                                          $136,466,427   $     138,334,984    (1,868,558)    -1.35%    $141,184,202     $     143,137,452    (1,953,250)        -1.36%
  Transportation Infrastructure Account-Fund 094                5,000,000           5,000,000           -        0.00%       5,000,000             5,000,000           -            0.00%
  Regional Mobility Grant Program Account 3                    40,000,000          40,000,000           -        0.00%      40,000,000            40,000,000           -            0.00%
 Balance in Multimodal Account                                $91,466,427   $      93,334,984    (1,868,558)    -2.00%     $96,184,202     $      98,137,452    (1,953,250)        -1.99%

 Transportation Partnership Account-Fund 09H                  $44,679,561   $      44,894,293     (214,731)     -0.48%     $46,145,866     $      46,364,342     (218,476)         -0.47%
  Small City Pavement and Sidewalk Account-Fund 08M             2,000,000           2,000,000          -         0.00%       2,000,000             2,000,000          -             0.00%
  Transportation Improvement Account-Fund 144                   5,000,000           5,000,000          -         0.00%       5,000,000             5,000,000          -             0.00%
  County Arterial Preservation Account-Fund 186                 3,000,000           3,000,000          -         0.00%       3,000,000             3,000,000          -             0.00%
  Freight Mobility Investment Account-Fund 09E                  6,000,000           6,000,000          -         0.00%       6,000,000             6,000,000          -             0.00%
 Balance in Transportation Partnership Account                $28,679,561   $      28,894,293     (214,731)     -0.74%     $30,145,866     $      30,364,342     (218,476)         -0.72%

 Capron Distribution
  Island County                                                $3,074,147   $       3,115,308     ($41,160)     -1.32%        $3,176,653   $       3,218,057     ($41,404)         -1.29%
  San Juan County                                               1,589,303           1,610,582      (21,279)     -1.32%         1,642,297           1,663,703      (21,405)         -1.29%
 Total                                                         $4,663,450   $       4,725,890      (62,440)     -1.32%        $4,818,950   $       4,881,760      (62,809)         -1.29%
                                                      1
                                                      Multimodal Fund = Penalty Fees, Plate Number Retention Fees, Filing Fees, and a portion of Title Fees, Vehicle Weight Fees
                                                      2
                                                      Most transfers occur on July 1st of each year. Capron transfers occur monthly.
                                                      3
                                                      Transfer occurs the last day of September, December, March, and June.




                                                                                                 40
Transportation Revenue Forecast Council
Licenses, Permits, and Fees


                                                        BIENNIUM        BIENNIUM                                    BIENNIUM        BIENNIUM
September 2008 Forecast                                 2015-2017       2015 - 2017          Difference             2017-2019       2017 - 2019          Difference
                                                      September 2008    June 2008         Value      Percentage   September 2008    June 2008         Value      Percentage
Collected by Department of Licensing:
 Registration Fees:
    Vehicles paying Basic License Fee ($30)              $334,985,267    $340,609,981   ($5,624,714)     -1.65%      $345,569,777    $351,157,873   ($5,588,096)     -1.59%
    Vehicles paying Combined License Fee (CLF)            395,898,823     399,447,697    (3,548,874)     -0.89%       407,294,752     410,945,780    (3,651,028)     -0.89%
    Vehicles paying varying fees                            1,697,078       1,631,513        65,565       4.02%         1,731,384       1,664,225        67,159       4.04%
    Vehicle Business Licenses and Fees                      2,861,300       2,845,400        15,900       0.56%         2,851,600       2,840,100        11,500       0.40%
    Personal Trailers                                      16,505,639      14,877,613     1,628,025      10.94%        17,341,237      15,630,792     1,710,444      10.94%
  Penalty Fees                                              6,384,772       6,431,941       (47,170)     -0.73%         6,589,587       6,634,545       (44,957)     -0.68%
  Passenger Vehicle Weight Fees                           123,210,115     123,348,212      (138,098)     -0.11%       127,141,851     127,259,520      (117,669)     -0.09%
  Motor Home Weight Fees                                   10,176,198      11,995,324    (1,819,126)    -15.17%        10,301,209      12,216,696    (1,915,487)    -15.68%
  Capacity Fees                                                84,143          82,991         1,152       1.39%            84,986          83,823         1,164       1.39%
  Transaction Fees                                            210,000         210,000             0       0.00%           210,000         210,000             0       0.00%
  Monthly License                                           1,040,000       1,040,000             0       0.00%         1,040,000       1,040,000             0       0.00%
  RV Disposal Fee                                           1,541,242       1,545,489        (4,247)     -0.27%         1,573,161       1,575,987        (2,826)     -0.18%
  Trip Permit Filing Fees                                      70,000          70,000             0       0.00%            70,000          70,000             0       0.00%
  Trip Permit Admin Fees and Surcharge                      7,686,845       8,172,288      (485,443)     -5.94%         7,908,110       8,404,267      (496,157)     -5.90%
  Farm Trip Permits                                             6,310           4,364         1,946      44.59%             6,462           4,469         1,993      44.59%
  Vehicle Inspection Fees                                  17,671,138      17,795,970      (124,832)     -0.70%        18,238,006      18,356,535      (118,529)     -0.65%
  Safety Inspection Fees                                    6,944,238       6,944,238             0       0.00%         7,587,748       7,587,748             0       0.00%
  Other Vehicle Registration Fees                           2,006,343       1,730,118       276,225      15.97%         2,070,704       1,784,616       286,088      16.03%
 Total Forecasted by DOT                                 $928,979,450    $938,783,138   ($9,803,689)     -1.04%      $957,610,574    $967,466,975   ($9,856,401)     -1.02%

 Forecasted by Department of Licensing
  Plate Replacement Fees                                  $28,056,700     $28,305,300    ($248,600)      -0.88%       $28,978,500     $29,336,300    ($357,800)      -1.22%
  Miscellaneous Fees                                          292,400         314,000      (21,600)      -6.88%           292,400         314,000      (21,600)      -6.88%
  Plate Reflectivity                                       11,582,800      11,671,600      (88,800)      -0.76%        11,866,300      11,948,600      (82,300)      -0.69%
  Title Fees                                               23,842,400      23,837,800        4,600        0.02%        24,102,700      24,098,100        4,600        0.02%
  IFTA Decals                                                 714,200         775,200      (61,000)      -7.87%           734,800         797,500      (62,700)      -7.86%
  Dealer Plates                                             1,419,900       1,374,100       45,800        3.33%         1,442,600       1,388,700       53,900        3.88%
  State Patrol Account Collections:
    Dealer Temporary Permits (WSP $10 Distribution)        11,717,100      11,819,900      (102,800)     -0.87%        11,746,600      11,849,900      (103,300)     -0.87%
    Copies of Records (ADR) (WSP $5 Distribution)          32,784,100      34,139,360    (1,355,260)     -3.97%        33,597,350      34,984,540    (1,387,190)     -3.97%
  Multimodal Account Collections:
    Filing Fees                                             3,275,700       3,321,400       (45,700)     -1.38%         3,370,000       3,417,000       (47,000)     -1.38%
    Plate Number Retention Fees                               937,500         943,900        (6,400)     -0.68%           968,900         979,600       (10,700)     -1.09%
Total Forecasted by DOL                                  $114,622,800    $116,502,560   ($1,879,760)     -1.61%      $117,100,150    $119,114,240   ($2,014,090)     -1.69%

Collected by Department of Transportation
Special Permit Fees                                       $14,598,946     $14,984,156    ($385,210)      -2.57%       $15,019,176     $15,413,142    ($393,965)      -2.56%
Bus Mileage                                                    56,000          56,000            0        0.00%            56,000          56,000            0        0.00%
Outdoor Advertising                                            25,000          25,000            0        0.00%            25,000          25,000            0        0.00%
Access Permits                                                150,000         150,000            0        0.00%           150,000         150,000            0        0.00%
Total Collected by DOT                                    $14,829,946     $15,215,156    ($385,210)      -2.53%       $15,250,176     $15,644,142    ($393,965)      -2.52%

Total Revenue from
 Licenses, Permits, and Fees                           $1,058,432,196   1,070,500,855 ($12,068,658)      -1.13%    $1,089,960,901   1,102,225,357 ($12,264,456)      -1.11%




                                                                                         41
Transportation Revenue Forecast Council
Licenses, Permits, and Fees


                                                            BIENNIUM            BIENNIUM                                    BIENNIUM            BIENNIUM
September 2008 Forecast                                     2015-2017           2015 - 2017          Difference             2017-2019           2017 - 2019          Difference
                                                          September 2008        June 2008         Value      Percentage   September 2008        June 2008         Value      Percentage
Forecast of Distributions

 Motor Vehicle Fund-Fund 108                                 $428,577,987   $     432,218,182   ($3,640,195)     -0.84%      $441,345,825   $     445,087,796   ($3,741,971)       -0.84%
 State Patrol-Fund 081                                        374,043,358         379,866,564    (5,823,206)     -1.53%       385,531,091         391,368,154    (5,837,063)       -1.49%
 State Ferries-Fund 109                                        17,637,438          17,864,757      (227,318)     -1.27%        18,183,738          18,410,019      (226,281)       -1.23%
 RV Disposal Fee-Fund 097                                       1,541,242           1,545,489        (4,247)     -0.27%         1,573,161           1,575,987        (2,826)       -0.18%
 Multimodal Fund-Fund 2181                                    145,569,384         147,624,377    (2,054,993)     -1.39%       150,039,447         152,173,760    (2,134,313)       -1.40%
 Transportation 2003 (Nickel) Account-Fund 550                 37,499,452          37,596,845       (97,393)     -0.26%        38,313,625          38,412,049       (98,424)       -0.26%
 Transportation Partnership Account-Fund 09H                   47,563,334          47,784,641      (221,307)     -0.46%        48,974,014          49,197,592      (223,578)       -0.45%
 Freight Mobility Multimodal Account-Fund 11E                   6,000,000           6,000,000           -         0.00%         6,000,000           6,000,000           -           0.00%
 Air Pollution Control-Fund 216                                         0                   0           -         0.00%                 0                   0           -           0.00%
 Vessel Response Account-Fund 07C                                       0                   0           -         0.00%                 0                   0           -           0.00%
  Total                                                    $1,058,432,196   $   1,070,500,855   (12,068,658)     -1.13%    $1,089,960,901   $   1,102,225,357   (12,264,456)       -1.11%
         2
Transfers

 Motor Vehicle Fund-Fund 108                                 $428,577,987   $     432,218,182   ($3,640,195)     -0.84%      $441,345,825   $     445,087,796   ($3,741,971)       -0.84%
  Capron                                                        4,969,840           5,032,986       (63,146)     -1.25%         5,120,185           5,183,612       (63,427)       -1.22%
 Balance in Motor Vehicle Fund                               $423,608,147   $     427,185,196    (3,577,049)     -0.84%      $436,225,640   $     439,904,183    (3,678,543)       -0.84%

 Multimodal Account                                          $145,569,384   $     147,624,377    (2,054,993)     -1.39%      $150,039,447   $     152,173,760    (2,134,313)       -1.40%
  Transportation Infrastructure Account-Fund 094                5,000,000           5,000,000           -         0.00%         5,000,000           5,000,000           -           0.00%
  Regional Mobility Grant Program Account 3                    50,000,000          50,000,000           -         0.00%        50,000,000          50,000,000           -           0.00%
 Balance in Multimodal Account                                $90,569,384   $      92,624,377    (2,054,993)     -2.22%       $95,039,447   $      97,173,760    (2,134,313)       -2.20%

 Transportation Partnership Account-Fund 09H                  $47,563,334   $      47,784,641     (221,307)      -0.46%       $48,974,014   $      49,197,592     (223,578)        -0.45%
  Small City Pavement and Sidewalk Account-Fund 08M             2,000,000           2,000,000          -          0.00%         2,000,000           2,000,000          -            0.00%
  Transportation Improvement Account-Fund 144                   5,000,000           5,000,000          -          0.00%         5,000,000           5,000,000          -            0.00%
  County Arterial Preservation Account-Fund 186                 3,000,000           3,000,000          -          0.00%         3,000,000           3,000,000          -            0.00%
  Freight Mobility Investment Account-Fund 09E                  6,000,000           6,000,000          -          0.00%         6,000,000           6,000,000          -            0.00%
 Balance in Transportation Partnership Account                $31,563,334   $      31,784,641     (221,307)      -0.70%       $32,974,014   $      33,197,592     (223,578)        -0.67%

 Capron Distribution
  Island County                                                $3,276,120   $       3,317,745     ($41,626)      -1.25%        $3,375,227   $       3,417,038     ($41,811)        -1.22%
  San Juan County                                               1,693,720           1,715,240      (21,520)      -1.25%         1,744,958           1,766,574      (21,616)        -1.22%
 Total                                                         $4,969,840   $       5,032,986      (63,146)      -1.25%        $5,120,185   $       5,183,612      (63,427)        -1.22%
                                                      1
                                                      Multimodal Fund = Penalty Fees, Plate Number Retention Fees, Filing Fees, and a portion of Title Fees, Vehicle Weight Fees
                                                      2
                                                      Most transfers occur on July 1st of each year. Capron transfers occur monthly.
                                                      3
                                                      Transfer occurs the last day of September, December, March, and June.




                                                                                                 42
Transportation Revenue Forecast Council
Licenses, Permits, and Fees


                                                        BIENNIUM        BIENNIUM                                           BIENNIUM        BIENNIUM
September 2008 Forecast                                 2019-2021       2019 - 2021      Difference                        2021-2023       2021 - 2023      Difference
                                                      September 2008    June 2008        Value              Percentage   September 2008    June 2008        Value           Percentage
Collected by Department of Licensing:
 Registration Fees:
    Vehicles paying Basic License Fee ($30)              $356,202,300    $361,742,344        ($5,540,044)       -1.53%      $366,931,436     $372,411,324    ($5,479,888)       -1.47%
    Vehicles paying Combined License Fee (CLF)            418,537,104     422,288,910         (3,751,805)       -0.89%       429,672,223      433,523,844     (3,851,622)       -0.89%
    Vehicles paying varying fees                            1,768,764       1,699,867             68,897         4.05%         1,809,384        1,738,596         70,788         4.07%
    Vehicle Business Licenses and Fees                      2,843,300       2,835,000              8,300         0.29%         2,838,700        2,830,200          8,500         0.30%
    Personal Trailers                                      18,219,137      16,422,101          1,797,035        10.94%        19,141,480       17,253,470      1,888,010        10.94%
  Penalty Fees                                              6,795,634       6,838,109            (42,474)       -0.62%         7,003,786        7,043,495        (39,708)       -0.56%
  Passenger Vehicle Weight Fees                           131,080,469     131,174,342            (93,873)       -0.07%       135,044,127      135,110,627        (66,500)       -0.05%
  Motor Home Weight Fees                                   10,422,583      12,432,921         (2,010,338)      -16.17%        10,540,958       12,645,030     (2,104,072)      -16.64%
  Capacity Fees                                                85,838          84,663              1,175         1.39%            86,699           85,512          1,187         1.39%
  Transaction Fees                                            210,000         210,000                  0         0.00%           210,000          210,000              0         0.00%
  Monthly License                                           1,040,000       1,040,000                  0         0.00%         1,040,000        1,040,000              0         0.00%
  RV Disposal Fee                                           1,605,694       1,606,806             (1,112)       -0.07%         1,638,896        1,638,002            894         0.05%
  Trip Permit Filing Fees                                      70,000          70,000                  0         0.00%            70,000           70,000              0         0.00%
  Trip Permit Admin Fees and Surcharge                      8,126,394       8,633,032           (506,638)       -5.87%         8,342,595        8,859,531       (516,936)       -5.83%
  Farm Trip Permits                                             6,615           4,575              2,040        44.59%             6,753            4,670          2,083        44.59%
  Vehicle Inspection Fees                                  18,808,282      18,919,758           (111,476)       -0.59%        19,384,385       19,488,023       (103,638)       -0.53%
  Safety Inspection Fees                                    8,297,879       8,297,879                  0         0.00%         9,082,433        9,082,433              0         0.00%
  Other Vehicle Registration Fees                           2,135,452       1,839,372            296,080        16.10%         2,200,862        1,894,619        306,243        16.16%
 Total Forecasted by DOT                                 $986,255,445    $996,139,677        ($9,884,232)       -0.99%    $1,015,044,717   $1,024,929,376    ($9,884,659)       -0.96%

 Forecasted by Department of Licensing
  Plate Replacement Fees                                  $30,228,100     $30,616,700         ($388,600)        -1.27%       $30,792,900     $31,164,900      ($372,000)        -1.19%
  Miscellaneous Fees                                          292,400         314,000           (21,600)        -6.88%           292,400         314,000        (21,600)        -6.88%
  Plate Reflectivity                                       12,199,800      12,322,400          (122,600)        -0.99%        12,390,400      12,542,900       (152,500)        -1.22%
  Title Fees                                               24,424,600      24,358,600            66,000          0.27%        24,863,700      24,796,600         67,100          0.27%
  IFTA Decals                                                 755,000         819,600           (64,600)        -7.88%           775,200         841,400        (66,200)        -7.87%
  Dealer Plates                                             1,460,800       1,413,500            47,300          3.35%         1,477,600       1,438,000         39,600          2.75%
  State Patrol Account Collections:
    Dealer Temporary Permits (WSP $10 Distribution)        11,771,000      11,874,700           (103,700)       -0.87%        11,799,100      11,903,000        (103,900)       -0.87%
    Copies of Records (ADR) (WSP $5 Distribution)          34,405,460      35,824,350         (1,418,890)       -3.96%        35,219,000      36,669,820      (1,450,820)       -3.96%
  Multimodal Account Collections:
    Filing Fees                                             3,463,000       3,511,300            (48,300)       -1.38%         3,555,100       3,604,700         (49,600)       -1.38%
    Plate Number Retention Fees                             1,012,600       1,025,500            (12,900)       -1.26%         1,034,300       1,045,900         (11,600)       -1.11%
Total Forecasted by DOL                                  $120,012,760    $122,080,650        ($2,067,890)       -1.69%      $122,199,700    $124,321,220     ($2,121,520)       -1.71%

Collected by Department of Transportation
Special Permit Fees                                       $15,433,743     $15,840,400         ($406,657)        -2.57%       $15,844,356     $16,193,659      ($349,304)        -2.16%
Bus Mileage                                                    56,000          56,000                 0          0.00%            58,000          58,000              0          0.00%
Outdoor Advertising                                            25,000          25,000                 0          0.00%            20,000          20,000              0          0.00%
Access Permits                                                150,000         150,000                 0          0.00%           150,000         150,000              0          0.00%
Total Collected by DOT                                    $15,664,743     $16,071,400         ($406,657)        -2.53%       $16,072,356     $16,421,659      ($349,304)        -2.13%

Total Revenue from
 Licenses, Permits, and Fees                           $1,121,932,948   1,134,291,727    ($12,358,779)          -1.09%    $1,153,316,772    1,165,672,255   ($12,355,483)       -1.06%




                                                                                        43
Transportation Revenue Forecast Council
Licenses, Permits, and Fees


                                                            BIENNIUM            BIENNIUM                                           BIENNIUM            BIENNIUM
September 2008 Forecast                                     2019-2021           2019 - 2021        Difference                      2021-2023           2021 - 2023         Difference
                                                          September 2008        June 2008          Value            Percentage   September 2008        June 2008           Value          Percentage
Forecast of Distributions

 Motor Vehicle Fund-Fund 108                                 $454,436,383   $     458,257,457        ($3,821,074)       -0.83%      $466,695,704   $     470,458,616       ($3,762,912)       -0.80%
 State Patrol-Fund 081                                        397,081,132         402,922,608         (5,841,476)       -1.45%       408,764,715         414,601,120        (5,836,405)       -1.41%
 State Ferries-Fund 109                                        18,730,223          18,954,982           (224,759)       -1.19%        19,279,295          19,502,026          (222,731)       -1.14%
 RV Disposal Fee-Fund 097                                       1,605,694           1,606,806             (1,112)       -0.07%         1,638,896           1,638,002               894         0.05%
 Multimodal Fund-Fund 2181                                    154,544,586         156,731,471         (2,186,885)       -1.40%       159,088,271         161,338,452        (2,250,180)       -1.39%
 Transportation 2003 (Nickel) Account-Fund 550                 39,163,071          39,221,335            (58,264)       -0.15%        40,087,427          40,145,353           (57,925)       -0.14%
 Transportation Partnership Account-Fund 09H                   50,371,860          50,597,068           (225,208)       -0.45%        51,762,463          51,988,686          (226,223)       -0.44%
 Freight Mobility Multimodal Account-Fund 11E                   6,000,000           6,000,000                -           0.00%         6,000,000           6,000,000               -           0.00%
 Air Pollution Control-Fund 216                                         0                   0                -           0.00%                 0                   0               -           0.00%
 Vessel Response Account-Fund 07C                                       0                   0                -           0.00%                 0                   0               -           0.00%
  Total                                                    $1,121,932,948   $   1,134,291,727        (12,358,779)       -1.09%    $1,153,316,772   $   1,165,672,255       (12,355,483)       -1.06%
         2
Transfers

 Motor Vehicle Fund-Fund 108                                 $454,436,383   $     458,257,457        ($3,821,074)       -0.83%      $466,695,704   $     470,458,616       ($3,762,912)       -0.80%
  Capron                                                        5,269,979           5,333,592            (63,613)       -1.19%         5,419,877           5,483,576           (63,699)       -1.16%
 Balance in Motor Vehicle Fund                               $449,166,404   $     452,923,865         (3,757,461)       -0.83%      $461,275,828   $     464,975,040        (3,699,213)       -0.80%

 Multimodal Account                                          $154,544,586   $     156,731,471         (2,186,885)       -1.40%      $159,088,271   $     161,338,452        (2,250,180)       -1.39%
  Transportation Infrastructure Account-Fund 094                5,000,000           5,000,000                -           0.00%         5,000,000           5,000,000               -           0.00%
  Regional Mobility Grant Program Account 3                    50,000,000          50,000,000                -           0.00%        50,000,000          50,000,000               -           0.00%
 Balance in Multimodal Account                                $99,544,586   $     101,731,471         (2,186,885)       -2.15%      $104,088,271   $     106,338,452        (2,250,180)       -2.12%

 Transportation Partnership Account-Fund 09H                  $50,371,860   $      50,597,068          (225,208)        -0.45%       $51,762,463   $      51,988,686          (226,223)       -0.44%
  Small City Pavement and Sidewalk Account-Fund 08M             2,000,000           2,000,000               -            0.00%         2,000,000           2,000,000               -           0.00%
  Transportation Improvement Account-Fund 144                   5,000,000           5,000,000               -            0.00%         5,000,000           5,000,000               -           0.00%
  County Arterial Preservation Account-Fund 186                 3,000,000           3,000,000               -            0.00%         3,000,000           3,000,000               -           0.00%
  Freight Mobility Investment Account-Fund 09E                  6,000,000           6,000,000               -            0.00%         6,000,000           6,000,000               -           0.00%
 Balance in Transportation Partnership Account                $34,371,860   $      34,597,068          (225,208)        -0.65%       $35,762,463   $      35,988,686          (226,223)       -0.63%

 Capron Distribution
  Island County                                                $3,473,971   $       3,515,905          ($41,934)        -1.19%        $3,572,784   $       3,614,775          ($41,991)       -1.16%
  San Juan County                                               1,796,008           1,817,687           (21,679)        -1.19%         1,847,093           1,868,802           (21,709)       -1.16%
 Total                                                         $5,269,979   $       5,333,592           (63,613)        -1.19%        $5,419,877   $       5,483,576           (63,699)       -1.16%
                                                      1
                                                      Multimodal Fund = Penalty Fees, Plate Number Retention Fees, Filing Fees, and a portion of Title Fees, Vehicle Weight Fees
                                                      2
                                                      Most transfers occur on July 1st of each year. Capron transfers occur monthly.
                                                      3
                                                      Transfer occurs the last day of September, December, March, and June.




                                                                                                44
Transportation Revenue Forecast Council
Licenses, Permits, and Fees


                                                        BIENNIUM        BIENNIUM
September 2008 Forecast                                 2023-2025       2023 - 2025       Difference
                                                      September 2008    June 2008         Value              Percentage
Collected by Department of Licensing:
 Registration Fees:
    Vehicles paying Basic License Fee ($30)              $377,853,296     $383,260,465        ($5,407,169)       -1.41%
    Vehicles paying Combined License Fee (CLF)            440,808,967      444,760,419         (3,951,452)       -0.89%
    Vehicles paying varying fees                            1,853,424        1,780,584             72,840         4.09%
    Vehicle Business Licenses and Fees                      2,834,300        2,825,400              8,900         0.31%
    Personal Trailers                                      20,110,518       18,126,927          1,983,591        10.94%
  Penalty Fees                                              7,215,780        7,252,432            (36,652)       -0.51%
  Passenger Vehicle Weight Fees                           139,069,560      139,104,967            (35,406)       -0.03%
  Motor Home Weight Fees                                   10,657,600       12,855,207         (2,197,607)      -17.10%
  Capacity Fees                                                87,568           86,369              1,199         1.39%
  Transaction Fees                                            210,000          210,000                  0         0.00%
  Monthly License                                           1,040,000        1,040,000                  0         0.00%
  RV Disposal Fee                                           1,672,850        1,669,680              3,170         0.19%
  Trip Permit Filing Fees                                      70,000           70,000                  0         0.00%
  Trip Permit Admin Fees and Surcharge                      8,558,829        9,030,000           (471,171)       -5.22%
  Farm Trip Permits                                             6,888            4,764              2,124        44.59%
  Vehicle Inspection Fees                                  19,971,120       20,066,112            (94,993)       -0.47%
  Safety Inspection Fees                                    9,950,333        9,950,333                  0         0.00%
  Other Vehicle Registration Fees                           2,267,479        1,950,821            316,658        16.23%
 Total Forecasted by DOT                               $1,044,238,511   $1,054,044,479        ($9,805,968)       -0.93%

 Forecasted by Department of Licensing
  Plate Replacement Fees                                  $30,502,800     $30,808,800          ($306,000)        -0.99%
  Miscellaneous Fees                                          292,400         314,000            (21,600)        -6.88%
  Plate Reflectivity                                       12,412,700      12,589,700           (177,000)        -1.41%
  Title Fees                                               25,352,300      25,284,000             68,300          0.27%
  IFTA Decals                                                 795,200         863,300            (68,100)        -7.89%
  Dealer Plates                                             1,496,900       1,465,400             31,500          2.15%
  State Patrol Account Collections:
    Dealer Temporary Permits (WSP $10 Distribution)        11,827,000      11,931,300            (104,300)       -0.87%
    Copies of Records (ADR) (WSP $5 Distribution)          35,428,000      37,531,500          (2,103,500)       -5.60%
  Multimodal Account Collections:
    Filing Fees                                             3,647,300       3,698,200             (50,900)       -1.38%
    Plate Number Retention Fees                             1,023,700       1,033,400              (9,700)       -0.94%
Total Forecasted by DOL                                  $122,778,300    $125,519,600         ($2,741,300)       -2.18%

Collected by Department of Transportation
Special Permit Fees                                       $16,255,028     $16,608,979          ($353,951)        -2.13%
Bus Mileage                                                    58,000          58,000                  0          0.00%
Outdoor Advertising                                            20,000          20,000                  0          0.00%
Access Permits                                                150,000         150,000                  0          0.00%
Total Collected by DOT                                    $16,483,028     $16,836,979          ($353,951)        -2.10%

Total Revenue from
 Licenses, Permits, and Fees                           $1,183,499,839    1,196,401,058    ($12,901,219)          -1.08%




                                                                                         45
Transportation Revenue Forecast Council
Licenses, Permits, and Fees


                                                            BIENNIUM            BIENNIUM
September 2008 Forecast                                     2023-2025           2023 - 2025        Difference
                                                          September 2008        June 2008          Value            Percentage
Forecast of Distributions

 Motor Vehicle Fund-Fund 108                                 $478,038,220   $     481,700,383        ($3,662,162)       -0.76%
 State Patrol-Fund 081                                        420,067,658         426,496,976         (6,429,317)       -1.51%
 State Ferries-Fund 109                                        19,835,917          20,056,108           (220,191)       -1.10%
 RV Disposal Fee-Fund 097                                       1,672,850           1,669,680              3,170         0.19%
 Multimodal Fund-Fund 2181                                    163,679,340         165,987,905         (2,308,565)       -1.39%
 Transportation 2003 (Nickel) Account-Fund 550                 41,047,214          41,104,660            (57,446)       -0.14%
 Transportation Partnership Account-Fund 09H                   53,158,639          53,385,347           (226,708)       -0.42%
 Freight Mobility Multimodal Account-Fund 11E                   6,000,000           6,000,000                -           0.00%
 Air Pollution Control-Fund 216                                         0                   0                -           0.00%
 Vessel Response Account-Fund 07C                                       0                   0                -           0.00%
  Total                                                    $1,183,499,839   $   1,196,401,058        (12,901,219)       -1.08%
         2
Transfers

 Motor Vehicle Fund-Fund 108                                 $478,038,220   $     481,700,383        ($3,662,162)       -0.76%
  Capron                                                        5,571,275           5,634,964            (63,689)       -1.13%
 Balance in Motor Vehicle Fund                               $472,466,945   $     476,065,418         (3,598,473)       -0.76%

 Multimodal Account                                          $163,679,340   $     165,987,905         (2,308,565)       -1.39%
  Transportation Infrastructure Account-Fund 094                5,000,000           5,000,000                -           0.00%
  Regional Mobility Grant Program Account 3                    50,000,000          50,000,000                -           0.00%
 Balance in Multimodal Account                               $108,679,340   $     110,987,905         (2,308,565)       -2.08%

 Transportation Partnership Account-Fund 09H                  $53,158,639   $      53,385,347          (226,708)        -0.42%
  Small City Pavement and Sidewalk Account-Fund 08M             2,000,000           2,000,000               -            0.00%
  Transportation Improvement Account-Fund 144                   5,000,000           5,000,000               -            0.00%
  County Arterial Preservation Account-Fund 186                 3,000,000           3,000,000               -            0.00%
  Freight Mobility Investment Account-Fund 09E                  6,000,000           6,000,000               -            0.00%
 Balance in Transportation Partnership Account                $37,158,639   $      37,385,347          (226,708)        -0.61%

 Capron Distribution
  Island County                                                $3,672,586   $       3,714,570          ($41,984)        -1.13%
  San Juan County                                               1,898,689           1,920,394           (21,705)        -1.13%
 Total                                                         $5,571,275   $       5,634,964           (63,689)        -1.13%
                                                      1
                                                      Multimodal Fund = Penalty Fees, Plate Number Retention Fees, Filing Fees, and a portion of Title Fees, Vehicle Weight Fees
                                                      2
                                                      Most transfers occur on July 1st of each year. Capron transfers occur monthly.
                                                      3
                                                      Transfer occurs the last day of September, December, March, and June.




                                                                                                46
Transportation Revenue Forecast Council
Licenses, Permits, and Fees



September 2008 Forecast                                    Fiscal Year     Fiscal Year    BIENNIUM           Fiscal Year    Fiscal Year    BIENNIUM       Fiscal Year    Fiscal Year    BIENNIUM
                                                              2008            2009        2007 - 2009           2010           2011        2009-2011         2012           2013        2011-2013
Collected by Department of Licensing:
   Registration Fees:
       Vehicles paying Basic License Fee ($30)             $146,929,160    $145,515,124    $292,444,284      $148,745,751   $152,527,086   $301,272,837   $155,401,362   $158,190,585   $313,591,948
       Vehicles paying Combined License Fee (CLF)           175,769,955     174,885,200     350,655,154       177,964,908    181,530,778    359,495,686    184,669,769    187,777,169    372,446,938
       Vehicles paying varying fees                             669,114         787,506       1,456,620           796,679        808,627      1,605,306        815,123        821,944      1,637,067
       Vehicle Business Licenses and Fees                     1,548,557       1,519,700       3,068,257         1,499,400      1,480,600      2,980,000      1,469,100      1,457,200      2,926,300
       Personal Trailers                                      6,972,603       6,857,096      13,829,699         7,028,524      7,204,237     14,232,760      7,384,343      7,568,951     14,953,294
   Penalty Fees                                               3,134,422       2,778,255       5,912,677         2,836,747      2,904,966      5,741,713      2,959,806      3,013,191      5,972,997
   Passenger Vehicle Weight Fees                             54,021,792      53,352,602     107,374,394        54,577,168     56,016,604    110,593,772     57,096,248     58,139,654    115,235,902
   Motor Home Weight Fees                                     5,665,255       4,882,303      10,547,558         4,899,571      4,915,813      9,815,385      4,938,310      4,973,917      9,912,227
   Capacity Fees                                                 39,864          40,527          80,391            40,729         40,933         81,662         41,138         41,343         82,481
   Transaction Fees                                             104,004         107,500         211,504           105,000        105,000        210,000        105,000        105,000        210,000
   Monthly License                                              577,318         540,000       1,117,318           520,000        520,000      1,040,000        520,000        520,000      1,040,000
   RV Disposal Fee                                              696,219         713,860       1,410,079           720,448        728,638      1,449,086        735,648        743,366      1,479,014
   Trip Permit Filing Fees                                       33,935          35,000          68,935            35,000         35,000         70,000         35,000         35,000         70,000
   Trip Permit Admin Fees and Surcharge                       3,378,540       3,395,603       6,774,143         3,453,673      3,522,874      6,976,547      3,585,582      3,645,916      7,231,499
   Farm Trip Permits                                              2,913           2,900           5,813             2,904          2,945          5,848          2,984          3,022          6,006
   Vehicle Inspection Fees                                    6,150,942       7,689,378      13,840,320         7,851,268      8,040,076     15,891,344      8,191,856      8,339,612     16,531,469
   Safety Inspection Fees                                     2,284,026       2,503,202       4,787,228         2,615,016      2,731,022      5,346,038      2,851,968      2,978,276      5,830,244
        Other Vehicle Registration Fees                       1,099,065         873,036       1,972,100           891,416        912,853      1,804,269        930,086        946,862      1,876,948
     Total Forecasted by DOT                                409,077,681     406,478,793     815,556,473       414,584,202    424,028,052    838,612,254    431,733,323    439,301,010    871,034,333

  Forecasted by Department of Licensing
    Plate Replacement Fees                                  $14,997,878     $13,404,700     $28,402,578       $13,027,000    $13,356,400    $26,383,400    $13,901,100    $14,504,900    $28,406,000
    Miscellaneous Fees                                          146,249         146,200         292,449           146,200        146,200        292,400        146,200        146,200        292,400
    Plate Reflectivity                                        5,820,256       5,254,600      11,074,856         5,241,800      5,370,600     10,612,400      5,585,000      5,753,700     11,338,700
    Title Fees                                               10,929,252      10,495,800      21,425,052        10,661,500     11,037,200     21,698,700     11,384,800     11,633,800     23,018,600
    IFTA Decals                                                 313,927         315,500         629,427           320,900        327,300        648,200        333,100        338,700        671,800
    Dealer Plates                                               663,916         614,700       1,278,616           630,500        645,300      1,275,800        668,900        679,500      1,348,400
    State Patrol Account Collections
         Dealer Temporary Permits (WSP $10 Distribution)       2,527,255      5,608,000       8,135,255         5,664,800      5,764,200     11,429,000      5,883,400      5,875,500      11,758,900
         Copies of Records (ADR) (WSP $5 Distribution)        13,486,871     14,554,930      28,041,801        14,797,080     15,029,030     29,826,110     15,443,870     15,662,140      31,106,010
    Multimodal Account Collections
         Filing Fees                                          1,377,947       1,447,000       2,824,947         1,471,800      1,501,300      2,973,100      1,528,000      1,553,700      3,081,700
         Plate Number Retention Fees                            526,320         436,700         963,020           429,500        441,300        870,800        460,200        480,400        940,600
Total Forecasted by DOL                                      50,789,871      52,278,130     103,068,001        52,391,080     53,618,830    106,009,910     55,334,570     56,628,540    111,963,110

Collected by Department of Transportation
   Special Permit Fees                                       $8,707,664      $6,618,970     $15,326,634        $6,659,257     $6,790,684    $13,449,941     $6,809,780     $6,924,367    $13,734,148
   Bus Mileage                                                   27,481          28,000          55,481            28,000         28,000         56,000         28,000         28,000         56,000
   Outdoor Advertising                                           17,180          15,000          32,180            12,500         12,500         25,000         12,500         12,500         25,000
   Access Permits                                                66,855          65,000         131,855            75,000         75,000        150,000         75,000         75,000        150,000
Total Collected by DOT                                        8,819,180       6,726,970      15,546,150         6,774,757      6,906,184     13,680,941      6,925,280      7,039,867     13,965,148

Total Revenue from
 Licenses, Permits, and Fees                               $468,686,731    $465,483,893    $934,170,624      $473,750,039   $484,553,066   $958,303,105   $493,993,174   $502,969,417   $996,962,590




                                                                                                        47
Transportation Revenue Forecast Council
Licenses, Permits, and Fees



September 2008 Forecast                                   Fiscal Year    Fiscal Year    BIENNIUM           Fiscal Year    Fiscal Year    BIENNIUM       Fiscal Year    Fiscal Year    BIENNIUM
                                                             2008           2009        2007 - 2009           2010           2011        2009-2011         2012           2013        2011-2013
Forecast of Distributions

   Motor Vehicle Fund-Fund 108                            $193,845,936   $189,952,241    $383,798,178      $192,671,220   $196,838,018   $389,509,238   $200,649,286   $204,508,382   $405,157,668
   State Patrol-Fund 081                                   159,359,568    163,405,780     322,765,348       166,759,905    170,638,648    337,398,553    174,010,561    176,999,409    351,009,971
   State Ferries-Fund 109                                    7,603,760      7,697,282      15,301,042         7,857,394      8,043,923     15,901,317      8,192,240      8,337,146     16,529,385
   RV Disposal Fee-Fund 097                                    696,219        713,860       1,410,079           720,448        728,638      1,449,086        735,648        743,366      1,479,014
                              1
   Multimodal Fund-Fund 218                                 65,266,035     63,235,960     128,501,995        64,606,586     66,291,283    130,897,869     67,604,464     68,861,962    136,466,427
   Transportation 2003 (Nickel) Account-Fund 550            11,708,156     16,518,096      28,226,252        16,798,858     17,245,407     34,044,265     17,651,030     17,989,535     35,640,565
   Transportation Partnership Account-Fund 09H              21,646,462     20,960,673      42,607,135        21,335,627     21,767,149     43,102,776     22,149,945     22,529,617     44,679,561
   Freight Mobility Multimodal Account-Fund 11E              3,000,000      3,000,000       6,000,000         3,000,000      3,000,000      6,000,000      3,000,000      3,000,000      6,000,000
   Air Pollution Control-Fund 216                            4,326,562              0       4,326,562                 0              0              0              0              0              0
   Vessel Response Account-Fund 07C                          1,234,033              0       1,234,033                 0              0              0              0              0              0
       Total                                              $468,686,731   $465,483,893    $934,170,624      $473,750,039   $484,553,066   $958,303,105   $493,993,174   $502,969,417   $996,962,590
         2
Transfers

   Motor Vehicle Fund-Fund 108                            $186,293,226   $186,293,226    $186,293,226      $186,293,226   $186,293,226   $186,293,226   $186,293,226   $186,293,226   $186,293,226
      Capron                                                 2,203,903      2,176,338       4,380,241         2,219,987      2,270,666      4,490,652      2,311,602      2,351,848      4,663,450
       Balance in Motor Vehicle Fund                      $191,642,034   $187,775,903    $379,417,937      $190,451,233   $194,567,352   $385,018,586   $198,337,684   $202,156,534   $400,494,218

   Multimodal Account                                      $65,266,035    $63,235,960    $128,501,995       $64,606,586    $66,291,283   $130,897,869    $67,604,464    $68,861,962   $136,466,427
      Transportation Infrastructure Account-Fund 094         2,500,000      2,500,000       5,000,000         2,500,000      2,500,000      5,000,000      2,500,000      2,500,000      5,000,000
                                             3
      Regional Mobility Grant Program Account               20,000,000     20,000,000      40,000,000        20,000,000     20,000,000     40,000,000     20,000,000     20,000,000     40,000,000
       Balance in Multimodal Account                       $42,766,035    $40,735,960     $83,501,995       $42,106,586    $43,791,283    $85,897,869    $45,104,464    $46,361,962    $91,466,427

   Transportation Partnership Account-Fund 09H             $21,646,462    $20,960,673     $42,607,135       $21,335,627    $21,767,149    $43,102,776    $22,149,945    $22,529,617    $44,679,561
      Small City Pavement and Sidewalk Account-Fund 08M      1,000,000      1,000,000       2,000,000         1,000,000      1,000,000      2,000,000      1,000,000      1,000,000      2,000,000
      Transportation Improvement Account-Fund 144            2,500,000      2,500,000       5,000,000         2,500,000      2,500,000      5,000,000      2,500,000      2,500,000      5,000,000
      County Arterial Preservation Account-Fund 186          1,500,000      1,500,000       3,000,000         1,500,000      1,500,000      3,000,000      1,500,000      1,500,000      3,000,000
      Freight Mobility Investment Account-Fund 09E           3,000,000      3,000,000       6,000,000         3,000,000      3,000,000      6,000,000      3,000,000      3,000,000      6,000,000
       Balance in Transportation Partnership Account       $13,646,462    $12,960,673     $26,607,135       $13,335,627    $13,767,149    $27,102,776    $14,149,945    $14,529,617    $28,679,561

   Capron Distribution
       Island County                                        $1,452,813     $1,434,643      $2,887,456        $1,463,416     $1,496,823     $2,960,239     $1,523,809     $1,550,339     $3,074,147
       San Juan County                                         751,090        741,696       1,492,785           756,571        773,842      1,530,413        787,793        801,509      1,589,303
         Total                                              $2,203,903     $2,176,338      $4,380,241        $2,219,987     $2,270,666     $4,490,652     $2,311,602     $2,351,848     $4,663,450




                                                                                                      48
Transportation Revenue Forecast Council
Licenses, Permits, and Fees



September 2008 Forecast                                    Fiscal Year    Fiscal Year    BIENNIUM         Fiscal Year    Fiscal Year    BIENNIUM         Fiscal Year    Fiscal Year    BIENNIUM
                                                              2014           2015        2013-2015           2016           2017        2015-2017           2018           2019        2017-2019
Collected by Department of Licensing:
   Registration Fees:
       Vehicles paying Basic License Fee ($30)             $160,889,650   $163,517,684    $324,407,334    $166,166,932   $168,818,335    $334,985,267    $171,436,243   $174,133,534    $345,569,777
       Vehicles paying Combined License Fee (CLF)           190,767,154    193,636,610     384,403,764     196,508,443    199,390,380     395,898,823     202,201,644    205,093,108     407,294,752
       Vehicles paying varying fees                             829,097        836,592       1,665,689         844,437        852,642       1,697,078         861,216        870,169       1,731,384
       Vehicle Business Licenses and Fees                     1,446,900      1,434,500       2,881,400       1,431,900      1,429,400       2,861,300       1,427,000      1,424,600       2,851,600
       Personal Trailers                                      7,758,175      7,952,129      15,710,304       8,150,933      8,354,706      16,505,639       8,563,574      8,777,663      17,341,237
   Penalty Fees                                               3,065,076      3,115,706       6,180,783       3,166,759      3,218,013       6,384,772       3,268,703      3,320,884       6,589,587
   Passenger Vehicle Weight Fees                             59,147,573     60,126,261     119,273,834      61,111,843     62,098,272     123,210,115      63,070,148     64,071,703     127,141,851
   Motor Home Weight Fees                                     5,007,854      5,040,131      10,047,985       5,072,162      5,104,036      10,176,198       5,134,872      5,166,336      10,301,209
   Capacity Fees                                                 41,550         41,758          83,308          41,967         42,176          84,143          42,387         42,599          84,986
   Transaction Fees                                             105,000        105,000         210,000         105,000        105,000         210,000         105,000        105,000         210,000
   Monthly License                                              520,000        520,000       1,040,000         520,000        520,000       1,040,000         520,000        520,000       1,040,000
   RV Disposal Fee                                              751,096        758,840       1,509,936         766,665        774,577       1,541,242         782,537        790,624       1,573,161
   Trip Permit Filing Fees                                       35,000         35,000          70,000          35,000         35,000          70,000          35,000         35,000          70,000
   Trip Permit Admin Fees and Surcharge                       3,703,970      3,759,684       7,463,655       3,815,444      3,871,401       7,686,845       3,925,985      3,982,126       7,908,110
   Farm Trip Permits                                              3,060          3,098           6,158           3,136          3,174           6,310           3,212          3,250           6,462
   Vehicle Inspection Fees                                    8,483,214      8,623,342      17,106,557       8,764,640      8,906,497      17,671,138       9,046,793      9,191,213      18,238,006
   Safety Inspection Fees                                     3,110,978      3,249,772       6,360,750       3,395,540      3,548,698       6,944,238       3,709,309      3,878,438       7,587,748
        Other Vehicle Registration Fees                         963,166        979,076       1,942,242         995,119      1,011,225       2,006,343       1,027,154      1,043,551       2,070,704
     Total Forecasted by DOT                                446,628,515    453,735,183     900,363,698     460,895,918    468,083,532     928,979,450     475,160,777    482,449,798     957,610,574

  Forecasted by Department of Licensing
    Plate Replacement Fees                                  $14,574,800    $15,216,500     $29,791,300     $14,097,400    $13,959,300     $28,056,700     $14,281,000    $14,697,500     $28,978,500
    Miscellaneous Fees                                          146,200        146,200         292,400         146,200        146,200         292,400         146,200        146,200         292,400
    Plate Reflectivity                                        5,800,700      5,995,100      11,795,800       5,795,600      5,787,200      11,582,800       5,883,700      5,982,600      11,866,300
    Title Fees                                               11,760,300     11,831,200      23,591,500      11,915,000     11,927,400      23,842,400      12,007,700     12,095,000      24,102,700
    IFTA Decals                                                 344,100        349,300         693,400         354,500        359,700         714,200         364,800        370,000         734,800
    Dealer Plates                                               686,400        701,300       1,387,700         707,500        712,400       1,419,900         719,600        723,000       1,442,600
    State Patrol Account Collections
         Dealer Temporary Permits (WSP $10 Distribution)      5,813,800      5,853,000      11,666,800       5,860,900      5,856,200       11,717,100      5,870,400      5,876,200       11,746,600
         Copies of Records (ADR) (WSP $5 Distribution)       15,875,160     16,082,870      31,958,030      16,288,170     16,495,930       32,784,100     16,698,120     16,899,230       33,597,350
    Multimodal Account Collections
         Filing Fees                                          1,578,400      1,602,200       3,180,600       1,625,900      1,649,800       3,275,700       1,673,000      1,697,000       3,370,000
         Plate Number Retention Fees                            486,300        509,400         995,700         471,300        466,200         937,500         477,400        491,500         968,900
Total Forecasted by DOL                                      57,066,160     58,287,070     115,353,230      57,262,470     57,360,330     114,622,800      58,121,920     58,978,230     117,100,150

Collected by Department of Transportation
   Special Permit Fees                                       $7,034,624     $7,140,437     $14,175,061      $7,246,337     $7,352,609     $14,598,946      $7,456,276     $7,562,900     $15,019,176
   Bus Mileage                                                   28,000         28,000          56,000          28,000         28,000          56,000          28,000         28,000          56,000
   Outdoor Advertising                                           12,500         12,500          25,000          12,500         12,500          25,000          12,500         12,500          25,000
   Access Permits                                                75,000         75,000         150,000          75,000         75,000         150,000          75,000         75,000         150,000
Total Collected by DOT                                        7,150,124      7,255,937      14,406,061       7,361,837      7,468,109      14,829,946       7,571,776      7,678,400      15,250,176

Total Revenue from
 Licenses, Permits, and Fees                               $510,844,799   $519,278,190   $1,030,122,989   $525,520,225   $532,911,972   $1,058,432,196   $540,854,473   $549,106,428   $1,089,960,901




                                                                                                     49
Transportation Revenue Forecast Council
Licenses, Permits, and Fees



September 2008 Forecast                                   Fiscal Year    Fiscal Year    BIENNIUM         Fiscal Year    Fiscal Year    BIENNIUM         Fiscal Year    Fiscal Year    BIENNIUM
                                                             2014           2015        2013-2015           2016           2017        2015-2017           2018           2019        2017-2019
Forecast of Distributions

   Motor Vehicle Fund-Fund 108                            $207,605,000   $211,327,168    $418,932,168    $212,908,021   $215,669,966    $428,577,987    $218,946,574   $222,399,251    $441,345,825
   State Patrol-Fund 081                                   179,848,209    182,723,648     362,571,857     185,588,326    188,455,032     374,043,358     191,304,532    194,226,559     385,531,091
   State Ferries-Fund 109                                    8,477,280      8,613,284      17,090,564       8,750,146      8,887,292      17,637,438       9,022,340      9,161,398      18,183,738
   RV Disposal Fee-Fund 097                                    751,096        758,840       1,509,936         766,665        774,577       1,541,242         782,537        790,624       1,573,161
                              1
   Multimodal Fund-Fund 218                                 70,026,604     71,157,598      141,184,202     72,238,563     73,330,821      145,569,384     74,444,224     75,595,223      150,039,447
   Transportation 2003 (Nickel) Account-Fund 550            18,240,332     18,448,065       36,688,396     18,664,776     18,834,676       37,499,452     19,046,343     19,267,282       38,313,625
   Transportation Partnership Account-Fund 09H              22,896,279     23,249,587       46,145,866     23,603,727     23,959,607       47,563,334     24,307,923     24,666,091       48,974,014
   Freight Mobility Multimodal Account-Fund 11E              3,000,000      3,000,000        6,000,000      3,000,000      3,000,000        6,000,000      3,000,000      3,000,000        6,000,000
   Air Pollution Control-Fund 216                                    0              0                0              0              0                0              0              0                0
   Vessel Response Account-Fund 07C                                  0              0                0              0              0                0              0              0                0
       Total                                              $510,844,799   $519,278,190   $1,030,122,989   $525,520,225   $532,911,972   $1,058,432,196   $540,854,473   $549,106,428   $1,089,960,901
         2
Transfers

   Motor Vehicle Fund-Fund 108                            $186,293,226   $186,293,226    $186,293,226    $186,293,226   $186,293,226    $186,293,226    $186,293,226   $186,293,226    $186,293,226
      Capron                                                 2,390,691      2,428,260       4,818,950       2,466,007      2,503,832       4,969,840       2,540,974      2,579,211       5,120,185
       Balance in Motor Vehicle Fund                      $205,214,309   $208,898,908    $414,113,217    $210,442,014   $213,166,133    $423,608,147    $216,405,600   $219,820,040    $436,225,640

   Multimodal Account                                      $70,026,604    $71,157,598    $141,184,202     $72,238,563    $73,330,821    $145,569,384     $74,444,224    $75,595,223    $150,039,447
      Transportation Infrastructure Account-Fund 094         2,500,000      2,500,000       5,000,000       2,500,000      2,500,000       5,000,000       2,500,000      2,500,000       5,000,000
                                             3
      Regional Mobility Grant Program Account               20,000,000     20,000,000      40,000,000      25,000,000     25,000,000      50,000,000      25,000,000     25,000,000      50,000,000
       Balance in Multimodal Account                       $47,526,604    $48,657,598     $96,184,202     $44,738,563    $45,830,821     $90,569,384     $46,944,224    $48,095,223     $95,039,447

   Transportation Partnership Account-Fund 09H             $22,896,279    $23,249,587     $46,145,866     $23,603,727    $23,959,607     $47,563,334     $24,307,923    $24,666,091     $48,974,014
      Small City Pavement and Sidewalk Account-Fund 08M      1,000,000      1,000,000       2,000,000       1,000,000      1,000,000       2,000,000       1,000,000      1,000,000       2,000,000
      Transportation Improvement Account-Fund 144            2,500,000      2,500,000       5,000,000       2,500,000      2,500,000       5,000,000       2,500,000      2,500,000       5,000,000
      County Arterial Preservation Account-Fund 186          1,500,000      1,500,000       3,000,000       1,500,000      1,500,000       3,000,000       1,500,000      1,500,000       3,000,000
      Freight Mobility Investment Account-Fund 09E           3,000,000      3,000,000       6,000,000       3,000,000      3,000,000       6,000,000       3,000,000      3,000,000       6,000,000
       Balance in Transportation Partnership Account       $14,896,279    $15,249,587     $30,145,866     $15,603,727    $15,959,607     $31,563,334     $16,307,923    $16,666,091     $32,974,014

   Capron Distribution
       Island County                                        $1,575,944     $1,600,709      $3,176,653      $1,625,593     $1,650,527      $3,276,120      $1,675,011     $1,700,217      $3,375,227
       San Juan County                                         814,747        827,550       1,642,297         840,415        853,306       1,693,720         865,963        878,995       1,744,958
         Total                                              $2,390,691     $2,428,260      $4,818,950      $2,466,007     $2,503,832      $4,969,840      $2,540,974     $2,579,211      $5,120,185




                                                                                                    50
Transportation Revenue Forecast Council
Licenses, Permits, and Fees



September 2008 Forecast                                    Fiscal Year    Fiscal Year    BIENNIUM         Fiscal Year    Fiscal Year    BIENNIUM         Fiscal Year    Fiscal Year     BIENNIUM
                                                              2020           2021        2019-2021           2022           2023        2021-2023           2024           2025         2023-2025
Collected by Department of Licensing:
   Registration Fees:
       Vehicles paying Basic License Fee ($30)             $176,780,905   $179,421,395    $356,202,300    $182,117,493   $184,813,943    $366,931,436    $187,511,385   $190,341,910    $377,853,296
       Vehicles paying Combined License Fee (CLF)           207,889,512    210,647,593     418,537,104     213,450,307    216,221,915      429,672,223    218,961,921    221,847,045      440,808,967
       Vehicles paying varying fees                             879,511        889,253       1,768,764         899,405        909,979        1,809,384        920,986        932,438        1,853,424
       Vehicle Business Licenses and Fees                     1,422,200      1,421,100       2,843,300       1,419,900      1,418,800        2,838,700      1,417,700      1,416,600        2,834,300
       Personal Trailers                                      8,997,105      9,222,032      18,219,137       9,452,583      9,688,897       19,141,480      9,931,120     10,179,398       20,110,518
   Penalty Fees                                               3,372,200      3,423,434       6,795,634       3,475,724      3,528,062        7,003,786      3,580,459      3,635,321        7,215,780
   Passenger Vehicle Weight Fees                             65,052,150     66,028,319     131,080,469      67,024,669     68,019,458      135,044,127     69,012,873     70,056,687      139,069,560
   Motor Home Weight Fees                                     5,196,520      5,226,062      10,422,583       5,255,857      5,285,101       10,540,958      5,313,799      5,343,801       10,657,600
   Capacity Fees                                                 42,812         43,026          85,838          43,241         43,458           86,699         43,675         43,893           87,568
   Transaction Fees                                             105,000        105,000         210,000         105,000        105,000          210,000        105,000        105,000          210,000
   Monthly License                                              520,000        520,000       1,040,000         520,000        520,000        1,040,000        520,000        520,000        1,040,000
   RV Disposal Fee                                              798,749        806,945       1,605,694         815,254        823,641        1,638,896        832,108        840,742        1,672,850
   Trip Permit Filing Fees                                       35,000         35,000          70,000          35,000         35,000           70,000         35,000         35,000           70,000
   Trip Permit Admin Fees and Surcharge                       4,036,421      4,089,973       8,126,394       4,144,391      4,198,205        8,342,595      4,251,405      4,307,423        8,558,829
   Farm Trip Permits                                              3,288          3,326           6,615           3,360          3,393            6,753          3,427          3,461            6,888
   Vehicle Inspection Fees                                    9,333,241      9,475,042      18,808,282       9,619,764      9,764,621       19,384,385      9,909,640     10,061,480       19,971,120
   Safety Inspection Fees                                     4,055,792      4,242,087       8,297,879       4,438,173      4,644,259        9,082,433      4,860,900      5,089,433        9,950,333
        Other Vehicle Registration Fees                       1,059,676      1,075,776       2,135,452       1,092,208      1,108,654        2,200,862      1,125,119      1,142,359        2,267,479
     Total Forecasted by DOT                                489,580,083    496,675,362     986,255,445     503,912,330    511,132,387    1,015,044,717    518,336,519    525,901,992    1,044,238,511

  Forecasted by Department of Licensing
    Plate Replacement Fees                                  $15,053,900    $15,174,200     $30,228,100     $15,631,100    $15,161,800     $30,792,900     $15,141,300    $15,361,500     $30,502,800
    Miscellaneous Fees                                          146,200        146,200         292,400         146,200        146,200         292,400         146,200        146,200         292,400
    Plate Reflectivity                                        6,079,800      6,120,000      12,199,800       6,232,400      6,158,000      12,390,400       6,172,100      6,240,600      12,412,700
    Title Fees                                               12,166,300     12,258,300      24,424,600      12,371,200     12,492,500      24,863,700      12,608,000     12,744,300      25,352,300
    IFTA Decals                                                 375,000        380,000         755,000         385,100        390,100         775,200         395,000        400,200         795,200
    Dealer Plates                                               728,800        732,000       1,460,800         736,400        741,200       1,477,600         745,700        751,200       1,496,900
    State Patrol Account Collections
         Dealer Temporary Permits (WSP $10 Distribution)      5,881,300      5,889,700      11,771,000       5,896,200      5,902,900       11,799,100      5,910,100      5,916,900       11,827,000
         Copies of Records (ADR) (WSP $5 Distribution)       17,102,270     17,303,190      34,405,460      17,505,000     17,714,000       35,219,000     17,714,000     17,714,000       35,428,000
    Multimodal Account Collections
         Filing Fees                                          1,720,100      1,742,900       3,463,000       1,766,100      1,789,000       3,555,100       1,811,700      1,835,600       3,647,300
         Plate Number Retention Fees                            503,400        509,200       1,012,600         525,300        509,000       1,034,300         508,000        515,700       1,023,700
Total Forecasted by DOL                                      59,757,070     60,255,690     120,012,760      61,195,000     61,004,700     122,199,700      61,152,100     61,626,200     122,778,300

Collected by Department of Transportation
   Special Permit Fees                                       $7,666,019     $7,767,724     $15,433,743      $7,871,076     $7,973,280     $15,844,356      $8,074,319     $8,180,709     $16,255,028
   Bus Mileage                                                   28,000         28,000          56,000          29,000         29,000          58,000          29,000         29,000          58,000
   Outdoor Advertising                                           12,500         12,500          25,000          10,000         10,000          20,000          10,000         10,000          20,000
   Access Permits                                                75,000         75,000         150,000          75,000         75,000         150,000          75,000         75,000         150,000
Total Collected by DOT                                        7,781,519      7,883,224      15,664,743       7,985,076      8,087,280      16,072,356       8,188,319      8,294,709      16,483,028

Total Revenue from
 Licenses, Permits, and Fees                               $557,118,672   $564,814,277   $1,121,932,948   $573,092,405   $580,224,367   $1,153,316,772   $587,676,937   $595,822,901   $1,183,499,839




                                                                                                     51
Transportation Revenue Forecast Council
Licenses, Permits, and Fees



September 2008 Forecast                                   Fiscal Year    Fiscal Year    BIENNIUM         Fiscal Year    Fiscal Year    BIENNIUM         Fiscal Year    Fiscal Year     BIENNIUM
                                                             2020           2021        2019-2021           2022           2023        2021-2023           2024           2025         2023-2025
Forecast of Distributions

   Motor Vehicle Fund-Fund 108                            $225,717,657   $228,718,726    $454,436,383    $232,180,418   $234,515,287    $466,695,704    $237,371,233   $240,666,988    $478,038,220
   State Patrol-Fund 081                                   197,103,318    199,977,814     397,081,132     202,910,300    205,854,415     408,764,715     208,595,170    211,472,489     420,067,658
   State Ferries-Fund 109                                    9,297,439      9,432,783      18,730,223       9,570,805      9,708,490      19,279,295       9,845,858      9,990,059      19,835,917
   RV Disposal Fee-Fund 097                                    798,749        806,945       1,605,694         815,254        823,641       1,638,896         832,108        840,742       1,672,850
                              1
   Multimodal Fund-Fund 218                                 76,714,871     77,829,715      154,544,586     78,983,350     80,104,921      159,088,271     81,237,831     82,441,509      163,679,340
   Transportation 2003 (Nickel) Account-Fund 550            19,472,724     19,690,346       39,163,071     19,924,500     20,162,927       40,087,427     20,396,108     20,651,106       41,047,214
   Transportation Partnership Account-Fund 09H              25,013,913     25,357,947       50,371,860     25,707,778     26,054,685       51,762,463     26,398,630     26,760,009       53,158,639
   Freight Mobility Multimodal Account-Fund 11E              3,000,000      3,000,000        6,000,000      3,000,000      3,000,000        6,000,000      3,000,000      3,000,000        6,000,000
   Air Pollution Control-Fund 216                                    0              0                0              0              0                0              0              0                0
   Vessel Response Account-Fund 07C                                  0              0                0              0              0                0              0              0                0
       Total                                              $557,118,672   $564,814,277   $1,121,932,948   $573,092,405   $580,224,367   $1,153,316,772   $587,676,937   $595,822,901   $1,183,499,839
         2
Transfers

   Motor Vehicle Fund-Fund 108                            $186,293,226   $186,293,226    $186,293,226    $186,293,226   $186,293,226    $186,293,226    $186,293,226   $186,293,226    $186,293,226
      Capron                                                 2,616,491      2,653,488       5,269,979       2,691,183      2,728,694       5,419,877       2,766,023      2,805,253       5,571,275
       Balance in Motor Vehicle Fund                      $223,101,166   $226,065,238    $449,166,404    $229,489,235   $231,786,593    $461,275,828    $234,605,210   $237,861,735    $472,466,945

   Multimodal Account                                      $76,714,871    $77,829,715    $154,544,586     $78,983,350    $80,104,921    $159,088,271     $81,237,831    $82,441,509    $163,679,340
      Transportation Infrastructure Account-Fund 094         2,500,000      2,500,000       5,000,000       2,500,000      2,500,000       5,000,000       2,500,000      2,500,000       5,000,000
                                             3
      Regional Mobility Grant Program Account               25,000,000     25,000,000      50,000,000      25,000,000     25,000,000      50,000,000      25,000,000     25,000,000      50,000,000
       Balance in Multimodal Account                       $49,214,871    $50,329,715     $99,544,586     $51,483,350    $52,604,921    $104,088,271     $53,737,831    $54,941,509    $108,679,340

   Transportation Partnership Account-Fund 09H             $25,013,913    $25,357,947     $50,371,860     $25,707,778    $26,054,685     $51,762,463     $26,398,630    $26,760,009     $53,158,639
      Small City Pavement and Sidewalk Account-Fund 08M      1,000,000      1,000,000       2,000,000       1,000,000      1,000,000       2,000,000       1,000,000      1,000,000       2,000,000
      Transportation Improvement Account-Fund 144            2,500,000      2,500,000       5,000,000       2,500,000      2,500,000       5,000,000       2,500,000      2,500,000       5,000,000
      County Arterial Preservation Account-Fund 186          1,500,000      1,500,000       3,000,000       1,500,000      1,500,000       3,000,000       1,500,000      1,500,000       3,000,000
      Freight Mobility Investment Account-Fund 09E           3,000,000      3,000,000       6,000,000       3,000,000      3,000,000       6,000,000       3,000,000      3,000,000       6,000,000
       Balance in Transportation Partnership Account       $17,013,913    $17,357,947     $34,371,860     $17,707,778    $18,054,685     $35,762,463     $18,398,630    $18,760,009     $37,158,639

   Capron Distribution
       Island County                                        $1,724,792     $1,749,180      $3,473,971      $1,774,028     $1,798,756      $3,572,784      $1,823,363     $1,849,223      $3,672,586
       San Juan County                                         891,700        904,308       1,796,008         917,155        929,938       1,847,093         942,660        956,029       1,898,689
         Total                                              $2,616,491     $2,653,488      $5,269,979      $2,691,183     $2,728,694      $5,419,877      $2,766,023     $2,805,253      $5,571,275




                                                                                                    52
Rental Vehicle Sales Tax Forecast
           September 2008




               53
State Rental Car Tax Forecast (RCW 82.08.020(2))
Cash Basis, Millions of Dollars
September 2008

                                                   June Forecast   Forecast Change   Forecast Change, %   September Forecast Annual/ Biennial Growth
                          FY2006 (actual)               $21.954             $0.000                0.0%              $21.954                    13.9%
                          FY2007 (actual)               $23.152             $0.000                0.0%              $23.152                     5.5%
                       2005-07 Biennium                 $45.106             $0.000                0.0%              $45.106                    14.3%

                          FY2008 (actual)               $24.118            $0.089                 0.4%              $24.207                    4.6%
                                  FY2009                $23.092            $0.075                 0.3%              $23.167                   -4.3%
                       2007-09 Biennium                 $47.209            $0.165                 0.3%              $47.374                    5.0%

                                  FY2010                $22.914           ($0.076)               -0.3%              $22.838                   -1.4%
                                  FY2011                $24.420           ($0.157)               -0.6%              $24.263                    6.2%
                       2009-11 Biennium                 $47.335           ($0.234)               -0.5%              $47.101                   -0.6%

                                  FY2012                $26.544           ($0.276)               -1.0%              $26.268                    8.3%
                                  FY2013                $27.895            $0.059                 0.2%              $27.954                    6.4%
                       2011-13 Biennium                 $54.439           ($0.217)               -0.4%              $54.222                   15.1%

                                  FY2014                $28.843            $0.214                 0.7%              $29.057                    3.9%
                                  FY2015                $29.824            $0.528                 1.8%              $30.352                    4.5%
                       2013-15 Biennium                 $58.667            $0.742                 1.3%              $59.409                    9.6%

                                  FY2016                $30.838            $0.511                 1.7%              $31.349                    3.3%
                                  FY2017                $31.886            $0.492                 1.5%              $32.378                    3.3%
                       2015-17 Biennium                 $62.724            $1.003                 1.6%              $63.727                    7.3%

                                  FY2018                $32.971            $0.470                 1.4%              $33.441                    3.3%
                                  FY2019                $34.092            $0.447                 1.3%              $34.539                    3.3%
                       2017-19 Biennium                 $67.062            $0.918                 1.4%              $67.980                    6.7%

                                  FY2020                $35.251            $0.422                 1.2%              $35.673                    3.3%
                                  FY2021                $36.449            $0.395                 1.1%              $36.844                    3.3%
                       2019-21 Biennium                 $71.700            $0.817                 1.1%              $72.517                    6.7%

                                  FY2022                $37.688            $0.366                 1.0%              $38.054                    3.3%
                                  FY2023                $38.970            $0.333                 0.9%              $39.303                    3.3%
                       2021-23 Biennium                 $76.658            $0.699                 0.9%              $77.357                    6.7%

                                  FY2024                $40.295            $0.298                 0.7%              $40.593                    3.3%
                                  FY2025                $41.665            $0.261                 0.6%              $41.926                    3.3%
                       2023-25 Biennium                 $81.960            $0.559                 0.7%              $82.519                    6.7%




                                                                          54
Vehicle Sales and Use Tax Forecast
          September 2008




                55
Forecast of 0.3% State Retail Sales and Use Tax on Motor Vehicles
State Multimodal Transportation Account Revenue
Cash Basis, Millions of Dollars
September 2008

                                                               June Forecast              Forecast Change           Forecast Change, %   September Forecast Annual/ Biennial Growth
                               FY2006 (actual)                      $35.872                        $0.000                        0.0%              $35.872                     2.2%
                               FY2007 (actual)                      $37.215                        $0.000                        0.0%              $37.215                     3.7%
                            2005-07 Biennium                        $73.087                        $0.000                        0.0%              $73.087                   10.0%*

                               FY2008 (actual)                        $35.880                       ($0.358)                    -1.0%              $35.522                   -4.5%
                                       FY2009                         $33.573                       ($1.723)                    -5.1%              $31.850                  -10.3%
                            2007-09 Biennium                          $69.452                       ($2.080)                    -3.0%              $67.372                   -7.8%

                                       FY2010                         $35.199                       ($0.434)                    -1.2%              $34.765                    9.2%
                                       FY2011                         $38.138                       ($0.526)                    -1.4%              $37.612                    8.2%
                            2009-11 Biennium                          $73.337                       ($0.960)                    -1.3%              $72.377                    7.4%

                                       FY2012                         $42.180                       ($1.397)                    -3.3%              $40.783                    8.4%
                                       FY2013                         $45.198                       ($1.773)                    -3.9%              $43.425                    6.5%
                            2011-13 Biennium                          $87.379                       ($3.171)                    -3.6%              $84.208                   16.3%

                                       FY2014                         $46.703                       ($0.993)                    -2.1%              $45.710                    5.3%
                                       FY2015                         $48.073                       ($0.535)                    -1.1%              $47.538                    4.0%
                            2013-15 Biennium                          $94.776                       ($1.528)                    -1.6%              $93.248                   10.7%

                                       FY2016                         $49.292                       ($0.497)                    -1.0%              $48.795                    2.6%
                                       FY2017                         $50.373                       ($0.547)                    -1.1%              $49.826                    2.1%
                            2015-17 Biennium                          $99.665                       ($1.044)                    -1.0%              $98.621                    5.8%

                                       FY2018                        $51.306                        ($0.386)                    -0.8%              $50.920                    2.2%
                                       FY2019                        $52.113                        ($0.122)                    -0.2%              $51.991                    2.1%
                            2017-19 Biennium                        $103.419                        ($0.508)                    -0.5%             $102.911                    4.3%

                                       FY2020                        $53.214                        ($0.206)                    -0.4%              $53.008                    2.0%
                                       FY2021                        $54.355                        ($0.289)                    -0.5%              $54.066                    2.0%
                            2019-21 Biennium                        $107.569                        ($0.495)                    -0.5%             $107.074                    4.0%

                                       FY2022                        $55.593                        ($0.392)                    -0.7%              $55.201                    2.1%
                                       FY2023                        $56.853                        ($0.486)                    -0.9%              $56.367                    2.1%
                            2021-23 Biennium                        $112.446                        ($0.878)                    -0.8%             $111.568                    4.2%

                                       FY2024                        $58.056                        ($0.485)                    -0.8%              $57.571                    2.1%
                                       FY2025                        $59.251                        ($0.469)                    -0.8%              $58.782                    2.1%
                            2023-25 Biennium                        $117.307                        ($0.954)                    -0.8%             $116.353                    4.3%

* FY04 had only 10 full months and one partial month of sales tax collections. Prorated biennial growth rate 6.1%




                                                                                                        56
Federal Funds Forecast
   September 2008




          57
                                                Washington's Apportionment of FHWA Programs
                                                           September 2008 Forecast
                                                                         Includes RABA Adjustments
                                                                               (Millions of Dollars)

                       SAFETEA-LU                       Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users
                                                                                                                                                        2005-09            2004-09
                                                                                                                                                      SAFETEA-LU        SAFETEA-LU
                                                                                                                                                        without          Rescission
                                                            Actual          Actual            Actual            Actual      Actual       Forecast      Rescission        & Shortfall
                                                             2004            2005              2006              2007        2008         2009*        5 yr Total*        6 yr Total
Interstate Maintenance                                            105               88                     88          98           98           99             472                577
National Highway System                                           117               98                     97        113         111          109               529                644
Minimum Guarantee Flexible                                          27            -                    -             -            -            -                 -                   27
Equity Bonus Flexible                                             -                  7                2                14           13           15                47                51
                               1
Surface Transportation Program                                    134             112              112               126         124          126               600                734
                   2
    Safety Setaside                                               -               -                -                 -            -            -                 -                 -
    Enhancements Setaside                                           15              12               12                13           12           13                63                77
    Areas Over 200,000                                              42              35               35                40           39           40             190                232
    Areas Under 200,000                                             21              16               16                20           19           20                90              112
    Areas Under 5,000                                               11              11               11                11           11           11               56                 67
    STP Flexible                                                   45              37               37                43           42           43              202                246
                                  2
Highway Safety Improvement Program                                  12              10               17                18           19           20                84                96
                            2
Railway-Highway Crossings                                            3               3                4                 4            4            5                19                22
Bridge                                                            125             148              145               153         154          165               766                889
Border Infrastructure Program                                     -                  7                9                10           11           12                49                49
CMAQ                                                                29              28               28                32           32           32             154                183
Safe Routes to Schools                                            -                  1                2                 2            3            4                11                11
MPO Planning                                                         5               6                6                 6            6            6                32                37
Recreational Trails                                                  1               1                2                 2            2            2                 8                10
SPR from all Programs                                               11              10               10                11           11           12                54                65
     Subtotal Apportionments                                      570             520              521               591         587          606             2,825              3,395
High Priority Projects                                            -                 55               55                55           55           55             276                276
        Total Apportionments                                      570             575              576               647         642           661             3,101             3,671

   * Since Congress enacted H.R. 6532 the amount desplayed excludes the 2009 rescission of unobligated balances of highway contract authority.
   1
     Total Surface Transportation Program funds include additional funds from value pricing.
   2
     The FFY 2004 and FFY 2005 Surface Transportation Program safety setaside funds have been included in the respective
     SAFETEA-LU Highway Safety Improvement Program and Railway-Highway Crossings Program.




                                                                                                                                               0809 Federal Forecast Summary
                                                                                                                                                                    9/16/2008

                                                                                         58
                                                  Washington's Apportionment of FHWA Programs
                                                             September 2008 Forecast
                                                                          Includes RABA Adjustments
                                                                                   (Millions of Dollars)

                        SAFETEA-LU                        Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users

                                                                     Chg from              Chg from                 Chg from            Chg from Forecast Chg from Forecast Chg from

                                                            Actual     Jun-08    Actual     Jun-08         Actual     Jun-08   Actual     Jun-08   Actual     Jun-08    Sep-08     Jun-08
                                                                   2004                 2005                      2006                2007                2008                 2009*
Interstate Maintenance                                         105         -           88       -                88       -          98       -          98       -           99         32
National Highway System                                        117         -           98       -                97       -       113         -       111         -        109           34
Minimum Guarantee Flexible                                        27       -         -          -              -          -        -          -        -          -         -          -
Equity Bonus Flexible                                           -          -            7       -                 2       -          14       -          13       -           15          6
                               1
Surface Transportation Program                                 134         -        112         -             112         -       126         -       124         -        126           39
                   2
    Safety Setaside                                             -          -         -          -              -          -        -          -        -          -         -          -
    Enhancements Setaside                                         15       -           12       -                12       -          13       -          12       -           13          0
    Areas Over 200,000                                            42       -           35       -                35       -          40       -          39       -           40         14
    Areas Under 200,000                                           21       -           16       -                16       -          20       -          19       -           20         11
    Areas Under 5,000                                             11       -           11       -                11       -          11       -          11       -           11       -
    STP Flexible                                                  45       -           37       -                37       -          43       -          42       -           43         15
                                  2
Highway Safety Improvement Program                                12       -           10       -                17       -          18       -          19       -           20          6
                            2
Railway-Highway Crossings                                          3       -            3       -                 4       -           4       -           4       -            5          1
Bridge                                                         125         -        148         -             145         -       153         -       154         -        165           52
Border Infrastructure Program                                   -          -            7       -                 9       -          10       -          11       -           12          4
CMAQ                                                              29       -           28       -                28       -          32       -          32       -           32         10
Safe Routes to Schools                                          -          -            1       -                 2       -           2       -           3       -            4          1
MPO Planning                                                       5       -            6       -                 6       -           6       -           6       -            6          2
Recreational Trails                                                1       -            1       -                 2       -           2       -           2       -            2          1
SPR from all Programs                                             11       -           10       -                10       -          11       -          11       -           12          4
     Subtotal Apportionments                                   570         -        520         -             521         -       591         -       587         -        606        193
High Priority Projects                                          -          -           55       -                55       -          55       -          55       -           55       -
        Total Apportionments                                   570         -         575         -            576        -        647        -        642        -          661        193

   * The June 2008 forecast includes the 2009 rescission of unobligated balances of highway contract authority and the estimated shortfall in the Highway Trust Fund.
   1
     Total Surface Transportation Program funds include additional funds from value pricing.
   2
     The FFY 2004 and FFY 2005 Surface Transportation Program safety setaside funds have been included in the respective
     SAFETEA-LU Highway Safety Improvement Program and Railway-Highway Crossings Program.




                                                                                                                                                   0809 Federal Forecast Summary
                                                                                                                                                                        9/16/2008

                                                                                           59
                                     Washington's Apportionment of FHWA Programs
                                                September 2008 Forecast
                                                       Includes RABA Adjustments
                                                               (Millions of Dollars)

                    SAFETEA-LU

                                         Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from

                                         Sep-08     Jun-08   Sep-08     Jun-08         Sep-08     Jun-08   Sep-08     Jun-08   Sep-08     Jun-08   Sep-08     Jun-08
                                                2010                2011                      2012                2013                2014                2015
Interstate Maintenance                         88       -          89       -                90       -          91       -          93       -          94       -
National Highway System                        97       -          99       -             100         -       102         -       103         -       104         -
Minimum Guarantee Flexible                   -          -        -          -              -          -        -          -        -          -        -          -
Equity Bonus Flexible                          13       -          13       -                13       -          13       -          14       -          14       -
Surface Transportation Program              112         -       114         -             115         -       117         -       119         -       120         -
    Safety Setaside                          -          -        -          -              -          -        -          -        -          -        -          -
    Enhancements Setaside                      12       -          12       -                12       -          12       -          12       -          12       -
    Areas Over 200,000                         35       -          36       -                36       -          37       -          37       -          38       -
    Areas Under 200,000                        16       -          16       -                17       -          17       -          18       -          18       -
    Areas Under 5,000                          11       -          11       -                11       -          11       -          11       -          11       -
    STP Flexible                               37       -          38       -                39       -          39       -          40       -          40       -
Highway Safety Improvement Program             17       -          17       -                18       -          18       -          18       -          18       -
Railway-Highway Crossings                       4       -           4       -                 4       -           4       -           4       -           4       -
Bridge                                      146         -       148         -             151         -       153         -       155         -       157         -
Border Infrastructure Program                  12       -          12       -                12       -          12       -          12       -          12       -
CMAQ                                           28       -          29       -                29       -          30       -          30       -          30       -
Safe Routes to Schools                          4       -           4       -                 4       -           4       -           4       -           4       -
MPO Planning                                    6       -           6       -                 6       -           6       -           6       -           6       -
Recreational Trails                             2       -           2       -                 2       -           2       -           2       -           2       -
SPR from all Programs                          10       -          10       -                11       -          11       -          11       -          11       -
     Subtotal Apportionments                539         -       547         -             554         -       561         -       569         -       577         -
High Priority Projects                         20       -          20       -                20       -          20       -          20       -          20       -
       Total Apportionments                 559        -         567         -            574        -        581        -        589        -        597        -




                                                                                                                               0809 Federal Forecast Summary
                                                                                                                                                    9/16/2008

                                                                       60
                                     Washington's Apportionment of FHWA Programs
                                                September 2008 Forecast
                                                       Includes RABA Adjustments
                                                               (Millions of Dollars)

                    SAFETEA-LU

                                         Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from

                                         Sep-08     Jun-08   Sep-08     Jun-08         Sep-08     Jun-08   Sep-08     Jun-08   Sep-08     Jun-08   Sep-08     Jun-08
                                                2016                2017                      2018                2019                2020                2021
Interstate Maintenance                         95       -          97       -                98       -          99       -       100         -       101         -
National Highway System                     106         -       107         -             108         -       110         -       111         -       112         -
Minimum Guarantee Flexible                   -          -        -          -              -          -        -          -        -          -        -          -
Equity Bonus Flexible                          14       -          14       -                14       -          15       -          15       -          15       -
Surface Transportation Program              122         -       123         -             125         -       126         -       128         -       129         -
    Safety Setaside                          -          -        -          -              -          -        -          -        -          -        -          -
    Enhancements Setaside                      12       -          12       -                12       -          13       -          13       -          13       -
    Areas Over 200,000                         39       -          39       -                40       -          40       -          41       -          41       -
    Areas Under 200,000                        19       -          19       -                19       -          20       -          20       -          20       -
    Areas Under 5,000                          11       -          11       -                11       -          11       -          11       -          11       -
    STP Flexible                               41       -          42       -                42       -          43       -          43       -          43       -
Highway Safety Improvement Program             19       -          19       -                19       -          20       -          20       -          20       -
Railway-Highway Crossings                       4       -           4       -                 4       -           4       -           4       -           4       -
Bridge                                      159         -       161         -             163         -       165         -       167         -       169         -
Border Infrastructure Program                  12       -          12       -                12       -          12       -          12       -          12       -
CMAQ                                           31       -          31       -                31       -          32       -          32       -          33       -
Safe Routes to Schools                          4       -           4       -                 4       -           4       -           4       -           4       -
MPO Planning                                    6       -           6       -                 6       -           6       -           6       -           6       -
Recreational Trails                             2       -           2       -                 2       -           2       -           2       -           2       -
SPR from all Programs                          11       -          11       -                11       -          12       -          12       -          12       -
     Subtotal Apportionments                584         -       591         -             598         -       605         -       611         -       618         -
High Priority Projects                         20       -          20       -                20       -          20       -          20       -          20       -
       Total Apportionments                 604        -         611         -            618        -        625        -        631        -        638        -




                                                                                                                               0809 Federal Forecast Summary
                                                                                                                                                    9/16/2008

                                                                       61
                        Washington's Apportionment of FHWA Programs
                                   September 2008 Forecast
                                     Includes RABA Adjustments
                                           (Millions of Dollars)

                    SAFETEA-LU

                                        Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from

                                         Sep-08     Jun-08         Sep-08     Jun-08   Sep-08     Jun-08   Sep-08     Jun-08
                                                2022                      2023                2024                2025
Interstate Maintenance                      102         -             103         -       104         -       106         -
National Highway System                     113         -             115         -       116         -       117         -
Minimum Guarantee Flexible                   -          -              -          -        -          -        -          -
Equity Bonus Flexible                          15       -                16       -          16       -          16       -
Surface Transportation Program              130         -             132         -       133         -       135         -
    Safety Setaside                          -          -              -          -        -          -        -          -
    Enhancements Setaside                      13       -                13       -          13       -          13       -
    Areas Over 200,000                         41       -                42       -          42       -          43       -
    Areas Under 200,000                        21       -                21       -          21       -          22       -
    Areas Under 5,000                          11       -                11       -          11       -          11       -
    STP Flexible                               44       -                44       -          45       -          45       -
Highway Safety Improvement Program             20       -                21       -          21       -          21       -
Railway-Highway Crossings                       4       -                 4       -           4       -           4       -
Bridge                                      171         -             173         -       174         -       176         -
Border Infrastructure Program                  12       -                12       -          12       -          12       -
CMAQ                                           33       -                33       -          34       -          34       -
Safe Routes to Schools                          4       -                 4       -           4       -           4       -
MPO Planning                                    7       -                 7       -           7       -           7       -
Recreational Trails                             2       -                 2       -           2       -           2       -
SPR from all Programs                          12       -                12       -          12       -          12       -
     Subtotal Apportionments                625         -             631         -       638         -       645         -
High Priority Projects                         20       -                20       -          20       -          20       -
       Total Apportionments                  645         -            651        -        658        -        665        -




                                                                                                           0809 Federal Forecast Summary
                                                                                                                                9/16/2008

                                                   62
                                                            Washington's Apportionment of FHWA Programs
                                                                                       September 2008 Forecast
                                                                                       Includes RABA Adjustments
                                                                                                   (Millions of Dollars)



                         SAFETEA-LU                Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users
                                                                                                                                     2005-09                              2005-09     2004-09
                                                                                                                                   SAFETEA-LU SAFETEA-LU SAFETEA-LU SAFETEA-LU SAFETEA-LU
                                                                                                                                     without                Trust Fund  Rescission  Rescission
                                                     Actual      Actual     Actual      Actual       Actual Forecast                Rescission  Rescission   Shortfall  & Shortfall & Shortfall
                                                      2004        2005       2006        2007         2008     2009*           2009 5 yr Total*        2009        2009  5 yr Total  6 yr Total
State Programs
    Interstate Maintenance                             105          88            88      98             98          100         99         472        (24)                  24          472        577
    National Highway System1                           113         95             94     109           107           107       105          511        (25)                 24           509        622
                       2
    Statewide Flexible                                   25         25            22      32             30            30        32         138          (8)                 10          141        166
                                   3
    Surface Transportation Program                     -          -           -            3           -             -         -              3        -                   -               3          3
                                      4
    Highway Safety Improvement Program                 -          -            7          18              5          -         -             31        -                   -              31         31
    Railway-Highway Crossings                             3          3         4           4              4             5         5          19          (1)                  1           19         22
           5
    Bridge                                               79         93        91          97             97          105       104          482        (25)                  24          481        560
                                 6
    Border Infrastructure Program                      -             7         9          10             11            12        12          49          (3)                  3           49         49
    Statewide Planning and Research                     11          10        10          11             11            11        12          54          (3)                  3           54         65
         State Subtotal                                335        321        324         382           363           369       369        1,759        (89)                  88        1,759      2,094
    Obligation Authority -                             299        272        279         344           354           314       315        1,564        (75)                  76        1,565      1,864
Local Programs
    National Highway System1                                 4          3          3           4             4            4         4        18          (1)                    1         18         22
                       2
    Statewide Flexible                                      16         16         14          20            19           19        20        88          (5)                    7         90        106
                                   3
    Surface Transportation Program                          90         74         74          81            82           84        83       396        (19)                    18        395        484
                                      4
    Highway Safety Improvement Program                      12         10         10      -             -            -         -             20        -                   -              20         32
           5
    Bridge                                                  46         55         54      57                57           62        61       283        (15)                    14        283        329
                                 6
    Border Infrastructure Program                       -          -          -            0            -            -         -              0        -                   -               0          0
    CMAQ                                                    29     28         28          32            32            32        32          154          (8)                    7        154        183
    Safe Routes to Schools                              -           1          2           2             3             4         4           11          (1)                    1         11         11
    MPO Planning                                         5          6          6           6             6             6         6           32          (1)                    1         32         37
         Local Subtotal                                202        194        192         203           204           211       211        1,002        (49)                    49      1,002      1,205
    Obligation Authority -                             180        164        165         183           199           179       180          891        (42)                    42        892      1,072

Freight Projects2                                           21     -          -           -             -            -         -            -          -                   -             -          21
    Obligation Authority -                                  18     -          -           -             -            -         -            -          -                   -             -          18

                     2
Legislative Projects                                        10         4           3          5             5              5        5           22         (1)                  2            22     32
   Obligation Authority -                                    9         3           3          4             4              4        4           19         (1)                  1            19     28

                                       4
Highway Safety Improvement Projects                     -          -          -           -              14              20        20           34         (5)                 4             33     33
   Obligation Authority -                               -          -          -           -              13              17        17           29         (4)                 4             29     29

Recreational Trails                                         1          1          2           2             2              2       2            8          (0)                 0             8      10
   Obligation Authority -                                   1          1          2           2             2              2       2            8          (0)                 0             8      10

High Priority Projects                                  -          55         55          55             55           55        55         276         -                   -             276       276
   Obligation Authority -                               -          47         48          51             51           48        48         245         -                   -             245       245

STATEWIDE TOTAL                                        570        575        576         647           642           661       661        3,101       (144)               144          3,101      3,671
   Obligation Authority -                              508        489        497         584           624           563       565        2,756       (122)               124          2,758      3,267


Statewide Flexible Summary
    Equity Bonus Flexible                                27             7          2          14            13           10        15       47          (3)                     8         51        78
    Surface Transportation Program Flexible              45            37         37          43            42           43        43      202         (11)                    11        201       246
        Total                                            72            45         39          57            55           53        57      248         (14)                    18        252       324


    * Since Congress enacted H.R. 6532 the amount desplayed excludes the 2009 rescission of unobligated balances of highway contract authority.
    1
      National Highway System split 2004-2009: 96.5458% WSDOT, 3.4542% Local.
    2
      Statewide Flexible split 2004: 34.76% WSDOT, 22.24% Local, 28.88% Freight, 14.12% Legislative Projects.
      Statewide Flexible split 2005-2009: 55.664% WSDOT, 35.628% Local, 8.708% Legislative Projects.
    3
      Enhancements Setaside split 2007: 24.595% WSDOT, 75.405% Local.
    4
      Highway Safety Improvement Program split 2004-2005: 100% Local.
      Highway Safety Improvement Program split 2006: 41.475% WSDOT, 58.525% Local.
      Highway Safety Improvement Program split 2007: 100% WSDOT.
      Highway Safety Improvement Program split 2008: 26.73% WSDOT, 73.27% Highway Safety Improvement Projects.
      Highway Safety Improvement Program split 2009: 100% Highway Safety Improvement Projects.
      Some Highway Safety Improvement Projects in 2008-2009 are yet to be determined.
    5
      Highway Bridge Program split 2004-2009: 63% WSDOT, 37% Local.
    6
      Border Infrastructure Program split 2007: 97.195% WSDOT, 2.805% Local.




                                                                                                                                                                 0809 Federal Forecast Summary
                                                                                                                                                                                      9/16/2008
                                                                                                            63
                                                    Washington's Apportionment of FHWA Programs
                                                                             September 2008 Forecast
                                                                              Includes RABA Adjustments
                                                                                      (Millions of Dollars)



                             SAFETEA-LU                    Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users

                                                                          Chg from              Chg from                 Chg from              Chg from Forecast Chg from Forecast Chg from

                                                             Actual    Jun-08        Actual    Jun-08         Actual    Jun-08      Actual    Jun-08     Actual   Jun-08   Sep-08   Jun-08
                                                                   2004                    2005                     2006                  2007                2008              2009*
State Programs
    Interstate Maintenance                                       105          -          88          -            88         -          98         -         98       -         99         32
                              1
    National Highway System                                      113          -          95          -            94         -         109         -        107       -        105         33
                       2
    Statewide Flexible                                             25         -          25          -            22         -          32         -         30       -         32         12
                                   3
    Surface Transportation Program                               -                      -                        -                       3                  -                  -
                                      4
    Highway Safety Improvement Program                           -            -         -            -             7         -          18         -           5      -        -          -
    Railway-Highway Crossings                                       3         -           3          -             4         -           4         -           4      -           5         1
           5
    Bridge                                                         79         -          93          -            91         -          97         -         97       -        104         33
                                 6
    Border Infrastructure Program                                -            -           7          -             9         -          10         -          11      -          12         4
    Statewide Planning and Research                               11          -          10          -            10         -          11         -         11       -         12          4
         State Subtotal                                          335          -         321          -           324         -         382         -        363       -        369        118
    Obligation Authority -                                       299          -         272          -           279         -         344         -        354       -        315        101
Local Programs
    National Highway System1                                          4       -            3         -             3         -           4         -          4       -          4          1
                       2
    Statewide Flexible                                               16       -          16          -            14         -          20         -         19       -         20          8
                                   3
    Surface Transportation Program                                   90       -          74          -            74         -          81         -         82       -         83         25
                                      4
    Highway Safety Improvement Program                               12       -          10          -            10         -         -           -        -         -        -          -
           5
    Bridge                                                           46       -          55          -            54         -          57         -         57       -         61         19
                                 6
    Border Infrastructure Program                                -                      -                        -                       0                  -                  -
    CMAQ                                                             29       -           28         -            28         -          32         -         32       -         32        10
    Safe Routes to Schools                                       -            -            1         -             2         -           2         -          3       -          4         1
    MPO Planning                                                   5          -            6         -             6         -           6         -          6       -          6         2
         Local Subtotal                                          202          -         194          -           192         -         203         -        204       -        211        66
    Obligation Authority -                                       180          -         164          -           165         -         183         -        199       -        180        56

Freight Projects2                                                    21       -         -            -           -           -         -           -        -         -         -         -
    Obligation Authority -                                           18       -         -            -           -           -         -           -        -         -         -         -

                     2
Legislative Projects                                                 10       -             4        -               3       -             5       -            5     -             5         2
   Obligation Authority -                                             9       -             3        -               3       -             4       -            4     -             4         2

                                         4
Highway Safety Improvement Projects                              -            -         -            -           -           -         -           -         14       -         20            6
   Obligation Authority -                                        -            -         -            -           -           -         -           -         13       -         17            5

Recreational Trails                                                  1        -             1        -               2       -             2       -            2     -             2         1
   Obligation Authority -                                            1        -             1        -               2       -             2       -            2     -             2         1

High Priority Projects                                           -            -          55          -            55         -          55         -         55       -         55        -
   Obligation Authority -                                        -            -          47          -            48         -          51         -         51       -         48        -

STATEWIDE TOTAL                                                  570          -         575          -           576         -         647         -        642       -        661        193
   Obligation Authority -                                        508          -         489          -           497         -         584         -        624       -        565        165


Statewide Flexible Summary
    Equity Bonus Flexible                                         27          -           7          -             2         -          14         -         13       -         15         6
    Surface Transportation Program Flexible                       45          -          37          -            37         -          43         -         42       -         43        15
        Total                                                     72          -          45          -            39         -          57         -         55       -         57        21


    * Includes the 2009 rescission of unobligated balances of highway contract authority and the estimated shortfall in the Highway Trust Fund.
    1
      National Highway System split 2004-2009: 96.5458% WSDOT, 3.4542% Local.
    2
      Statewide Flexible split 2004: 34.76% WSDOT, 22.24% Local, 28.88% Freight, 14.12% Legislative Projects.
      Statewide Flexible split 2005-2009: 55.664% WSDOT, 35.628% Local, 8.708% Legislative Projects.
    3
      Enhancements Setaside split 2007: 24.595% WSDOT, 75.405% Local.
    4
      Highway Safety Improvement Program split 2004-2005: 100% Local.
      Highway Safety Improvement Program split 2006: 41.475% WSDOT, 58.525% Local.
      Highway Safety Improvement Program split 2007: 100% WSDOT.
      Highway Safety Improvement Program split 2008: 26.73% WSDOT, 73.27% Highway Safety Improvement Projects.
      Highway Safety Improvement Program split 2009: 100% Highway Safety Improvement Projects.
      Some Highway Safety Improvement Projects in 2008-2009 are yet to be determined.
    5
      Highway Bridge Program split 2004-2009: 63% WSDOT, 37% Local.
    6
      Border Infrastructure Program split 2007: 97.195% WSDOT, 2.805% Local.




                                                                                                                                                         0809 Federal Forecast Summary
                                                                                                                                                                              9/16/2008
                                                                                                64
                                                 Washington's Apportionment of FHWA Programs
                                                                      September 2008 Forecast
                                                                       Includes RABA Adjustments
                                                                               (Millions of Dollars)



                             SAFETEA-LU

                                                        Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from

                                                         Sep-08   Jun-08      Sep-08   Jun-08          Sep-08   Jun-08   Sep-08   Jun-08   Sep-08   Jun-08   Sep-08   Jun-08
                                                              2010                 2011                     2012              2013              2014              2015
State Programs
    Interstate Maintenance                                    88        -         89            -          90      -         91      -         93       -         94        -
                              1
    National Highway System                                    94       -         95            -          97      -         98      -        100       -        101        -
                       2
    Statewide Flexible                                         28       -         29            -          29      -         29      -         30       -         30        -
                                   3
    Surface Transportation Program                           -                   -                        -                 -                 -                  -
                                      4
    Highway Safety Improvement Program                       -          -        -              -         -        -        -        -        -         -        -          -
    Railway-Highway Crossings                                   4       -          4            -           4      -          4      -          4       -          4        -
           5
    Bridge                                                   111        -        113            -         114      -        116      -        118       -        119        -
                                 6
    Border Infrastructure Program                              12       -         12            -          12      -         12      -         12       -         12        -
    Statewide Planning and Research                           10        -         10            -          11      -         11      -         11       -         11        -
         State Subtotal                                      347        -        352            -         357      -        362      -        366       -        371        -
    Obligation Authority -                                   312        -        317            -         321      -        325      -        330       -        334        -
Local Programs
    National Highway System1                                      3     -           3           -            3     -           4     -          4       -          4        -
                       2
    Statewide Flexible                                           18     -         18            -          19      -         19      -         19       -         19        -
                                   3
    Surface Transportation Program                               75     -         76            -          77      -         78      -         79       -         80        -
                                      4
    Highway Safety Improvement Program                       -          -        -              -         -        -        -        -        -         -        -          -
           5
    Bridge                                                       35     -         36            -          36      -         37      -         37       -         38        -
                                 6
    Border Infrastructure Program                            -                   -                        -                 -                 -                  -
    CMAQ                                                      28        -          29           -           29     -          30     -         30       -         30        -
    Safe Routes to Schools                                     4        -           4           -            4     -           4     -          4       -          4        -
    MPO Planning                                               6        -           6           -            6     -           6     -          6       -          6        -
         Local Subtotal                                      169        -        171            -         173      -        176      -        178       -        180        -
    Obligation Authority -                                   152        -        154            -         156      -        158      -        160       -        162        -

Freight Projects                                             -          -         -             -         -        -        -        -        -         -         -         -
    Obligation Authority -                                   -          -         -             -         -        -        -        -        -         -         -         -

Legislative Projects2                                             4     -              4        -             5    -            5    -            5     -             5     -
   Obligation Authority -                                         4     -              4        -             4    -            4    -            4     -             4     -

                                       4
Highway Safety Improvement Projects                              17     -             17        -          18      -         18      -         18       -         18        -
   Obligation Authority -                                        15     -             16        -          16      -         16      -         16       -         17        -

Recreational Trails                                              2      -             2         -             2    -            2    -            2     -             2     -
   Obligation Authority -                                        2      -             2         -             2    -            2    -            2     -             2     -

High Priority Projects                                        20        -          20           -          20      -         20      -         20       -         20        -
   Obligation Authority -                                     18        -          18           -          18      -         18      -         18       -         18        -

STATEWIDE TOTAL                                              559        -        567            -         574      -        581      -        589       -        597        -
   Obligation Authority -                                    503        -        510            -         517      -        523      -        530       -        537        -


Statewide Flexible Summary
    Equity Bonus Flexible                                     13        -          13           -          13      -         13      -         14       -         14        -
    Surface Transportation Program Flexible                   37        -          38           -          39      -         39      -         40       -         40        -
        Total                                                 51        -          51           -          52      -         53      -         53       -         54        -



    1
      National Highway System split: 96.5458% WSDOT, 3.4542% Local.
    2
      Statewide Flexible split: 55.664% WSDOT, 35.628% Local, 8.708% Legislative Projects.
    3
      Surface Transportation Program: 100% Local
    4
      Highway Safety Improvement Program split: 100% Highway Safety Improvement Projects.
    5
      Highway Bridge Program split: 76% WSDOT, 24% Local.
    6
      Border Infrastructure Program: 100% WSDOT




                                                                                                                                           0809 Federal Forecast Summary
                                                                                                                                                                9/16/2008
                                                                                           65
                                                 Washington's Apportionment of FHWA Programs
                                                                      September 2008 Forecast
                                                                       Includes RABA Adjustments
                                                                               (Millions of Dollars)



                             SAFETEA-LU

                                                        Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from

                                                         Sep-08   Jun-08      Sep-08   Jun-08          Sep-08   Jun-08   Sep-08   Jun-08   Sep-08   Jun-08   Sep-08   Jun-08
                                                              2016                 2017                     2018              2019              2020              2021
State Programs
    Interstate Maintenance                                     95       -          97           -          98      -         99      -        100       -        101        -
                              1
    National Highway System                                  102        -        103            -         105      -        106      -        107       -        108        -
                       2
    Statewide Flexible                                         31       -         31            -          31      -         32      -         32       -         33        -
                                   3
    Surface Transportation Program                           -                   -                        -                 -                 -                  -
                                      4
    Highway Safety Improvement Program                       -          -        -              -         -        -        -        -        -         -        -          -
    Railway-Highway Crossings                                   4       -           4           -           4      -          4      -          4       -          4        -
           5
    Bridge                                                   121        -        123            -         124      -        125      -        127       -        128        -
                                 6
    Border Infrastructure Program                              12       -         12            -          12      -         12      -         12       -         12        -
    Statewide Planning and Research                           11        -         11            -          11      -         12      -         12       -         12        -
         State Subtotal                                      376        -        381            -         385      -        389      -        394       -        398        -
    Obligation Authority -                                   338        -        343            -         347      -        351      -        354       -        358        -
Local Programs
    National Highway System1                                      4     -           4           -            4     -           4     -          4       -          4        -
                       2
    Statewide Flexible                                           20     -         20            -          20      -         20      -         21       -         21        -
                                   3
    Surface Transportation Program                               81     -         82            -          83      -         84      -         84       -         85        -
                                      4
    Highway Safety Improvement Program                       -          -        -              -         -        -        -        -        -         -        -          -
           5
    Bridge                                                       38     -         39            -          39      -         40      -         40       -         41        -
                                 6
    Border Infrastructure Program                            -                   -                        -                 -                 -                  -
    CMAQ                                                      31        -          31           -           31     -          32     -         32       -         33        -
    Safe Routes to Schools                                     4        -           4           -            4     -           4     -          4       -          4        -
    MPO Planning                                               6        -           6           -            6     -           6     -          6       -          6        -
         Local Subtotal                                      183        -        185            -         187      -        189      -        191       -        193        -
    Obligation Authority -                                   164        -        166            166       168      -        170      -        172       -        174        -

Freight Projects                                             -          -         -             -         -        -        -        -        -         -         -         -
    Obligation Authority -                                   -          -         -             -         -        -        -        -        -         -         -         -

Legislative Projects2                                             5     -              5        -             5    -            5    -            5     -             5     -
   Obligation Authority -                                         4     -              4        -             4    -            4    -            5     -             5     -

                                       4
Highway Safety Improvement Projects                              19     -             19        -          19      -         20      -         20       -         20        -
   Obligation Authority -                                        17     -             17        -          17      -         18      -         18       -         18        -

Recreational Trails                                              2      -             2         -             2    -            2    -            2     -             2     -
   Obligation Authority -                                        2      -             2         -             2    -            2    -            2     -             2     -

High Priority Projects                                        20        -          20           -          20      -         20      -         20       -         20        -
   Obligation Authority -                                     18        -          18           -          18      -         18      -         18       -         18        -

STATEWIDE TOTAL                                              604        -        611            -         618      -        625      -        631       -        638        -
   Obligation Authority -                                    544        -        550            -         557      -        563      -        568       -        574        -


Statewide Flexible Summary
    Equity Bonus Flexible                                     14        -          14           -          14      -         15      -         15       -         15        -
    Surface Transportation Program Flexible                   41        -          42           -          42      -         43      -         43       -         43        -
        Total                                                 55        -          56           -          56      -         57      -         58       -         58        -



    1
      National Highway System split: 96.5458% WSDOT, 3.4542% Local.
    2
      Statewide Flexible split: 55.664% WSDOT, 35.628% Local, 8.708% Legislative Projects.
    3
      Surface Transportation Program: 100% Local
    4
      Highway Safety Improvement Program split: 100% Highway Safety Improvement Projects.
    5
      Highway Bridge Program split: 76% WSDOT, 24% Local.
    6
      Border Infrastructure Program: 100% WSDOT




                                                                                                                                           0809 Federal Forecast Summary
                                                                                                                                                                9/16/2008
                                                                                           66
                               Washington's Apportionment of FHWA Programs
                                                  September 2008 Forecast
                                                   Includes RABA Adjustments
                                                           (Millions of Dollars)



                             SAFETEA-LU

                                                        Forecast Chg from Forecast Chg from Forecast Chg from Forecast Chg from

                                                         Jun-08   Feb-08           Jun-08   Feb-08   Jun-08   Feb-08   Jun-08   Feb-08
                                                              2022                      2023              2024              2025
State Programs
    Interstate Maintenance                                   102           -          103      -        104      -        106       -
                              1
    National Highway System                                  109           -          111      -        112      -        113       -
                       2
    Statewide Flexible                                         33          -           33      -         34      -         34       -
                                   3
    Surface Transportation Program                           -                        -                 -                 -
                                      4
    Highway Safety Improvement Program                       -             -          -        -        -        -        -         -
    Railway-Highway Crossings                                   4          -            4      -          4      -          4       -
           5
    Bridge                                                   130           -          131      -        133      -        134       -
                                 6
    Border Infrastructure Program                              12          -           12      -         12      -         12       -
    Statewide Planning and Research                           12           -           12      -         12      -         12       -
         State Subtotal                                      402           -          406      -        411      -        415       -
    Obligation Authority -                                   362           -          366      -        370      -        374       -
Local Programs
    National Highway System1                                      4        -             4     -           4     -          4       -
                       2
    Statewide Flexible                                           21        -           21      -         22      -         22       -
                                   3
    Surface Transportation Program                               86        -           87      -         88      -         89       -
                                      4
    Highway Safety Improvement Program                       -             -          -        -        -        -        -         -
           5
    Bridge                                                       41        -           41      -         42      -         42       -
                                 6
    Border Infrastructure Program                            -                        -                 -                 -
    CMAQ                                                      33           -            33     -          34     -         34       -
    Safe Routes to Schools                                     4           -             4     -           4     -          4       -
    MPO Planning                                               7           -             7     -           7     -          7       -
         Local Subtotal                                      195           -          197      -        200      -        202       -
    Obligation Authority -                                   176           -          178      -        180      -        182       -

Freight Projects                                             -             -          -        -        -        -        -         -
    Obligation Authority -                                   -             -          -        -        -        -        -         -

Legislative Projects2                                             5        -               5   -            5    -            5     -
   Obligation Authority -                                         5        -               5   -            5    -            5     -

                                       4
Highway Safety Improvement Projects                              20        -              21   -         21      -         21       -
   Obligation Authority -                                        18        -              19   -         19      -         19       -

Recreational Trails                                              2         -              2    -            2    -            2     -
   Obligation Authority -                                        2         -              2    -            2    -            2     -

High Priority Projects                                        20           -           20      -         20      -         20       -
   Obligation Authority -                                     18           -           18      -         18      -         18       -

STATEWIDE TOTAL                                              645           -          651      -        658      -        665       -
   Obligation Authority -                                    580           -          586      -        592      -        599       -


Statewide Flexible Summary
    Equity Bonus Flexible                                     15           -           16      -         16      -         16       -
    Surface Transportation Program Flexible                   44           -           44      -         45      -         45       -
        Total                                                 59           -           60      -         61      -         62       -



    1
      National Highway System split: 96.5458% WSDOT, 3.4542% Local.
    2
      Statewide Flexible split: 55.664% WSDOT, 35.628% Local, 8.708% Legislative Projects.
    3
      Surface Transportation Program: 100% Local
    4
      Highway Safety Improvement Program split: 100% Highway Safety Improvement Projects.
    5
      Highway Bridge Program split: 76% WSDOT, 24% Local.
    6
      Border Infrastructure Program: 100% WSDOT




                                                                                                                       0809 Federal Forecast Summary
                                                                                                                                            9/16/2008
                                                                      67
Department of Licensing Revenue Forecasts
              September 2008




                   68
DOL Revenue Forecasts
September 2008
                                                  Biennium 2007-2009                        Forecast          Biennium 2009-2011                              Forecast
                                              Current           June 2008             Difference % Change Current           June 2008                   Difference % Change

Motor Vehicle Fund 108-253-0017               $    39,769,883   $    39,904,900   $        (135,017)   -0.34%   $    37,288,200   $    37,491,600   $     (203,400)    -0.54%
 Plate Replacement *(Mandatory & Voluntary)   $    28,402,578   $    28,497,800   $         (95,222)   -0.33%   $    26,383,400   $    26,482,200   $      (98,800)    -0.37%
 Other Miscellaneous Fees                     $      292,449    $      314,000    $         (21,551)   -6.86%   $      292,400    $      314,000    $      (21,600)    -6.88%
 Plate Reflectivity                           $    11,074,856   $    11,093,100   $         (18,244)   -0.16%   $    10,612,400   $    10,695,400   $      (83,000)    -0.78%

Title Fees                                    $    21,425,052   $    21,582,000   $        (156,948)   -0.73%   $    21,698,700   $    21,718,000   $      (19,300)    -0.09%
 Vessel Response Account 07C                  $     1,221,107   $     1,214,500   $           6,607    0.54%    $           -     $           -     $          -        0.00%
 Motor Vehicle Fund 108 *CAPRON               $      309,140    $      322,100    $         (12,960)   -4.02%   $      323,800    $      324,100    $         (300)    -0.09%
 Air Pollution Control Account 216            $     4,281,244   $     4,258,000   $         23,244     0.55%    $           -     $           -     $          -        0.00%
 Multimodal Account Title Fees 218            $     6,759,744   $     6,865,900   $        (106,156)   -1.55%   $     6,903,100   $     6,909,200   $       (6,100)    -0.09%
 Nickel Account 550                           $     8,853,816   $     8,921,500   $         (67,684)   -0.76%   $    14,471,800   $    14,484,700   $      (12,900)    -0.09%

IFTA Decals 108-253                           $      629,427    $      679,600    $         (50,173)   -7.38%   $      648,200    $      702,400    $      (54,200)    -7.72%

Dealer Collected MV Fees 108-253              $     1,278,616   $     1,235,400   $         43,216     3.50%    $     1,275,800   $     1,237,700   $       38,100      3.08%

Multimodal Transportation Account 218         $    10,547,711   $    10,716,700   $        (168,989)   -1.58%   $    10,747,000   $    10,792,300   $      (45,300)    -0.42%
 Filing Fees                                  $     2,824,947   $     2,912,000   $         (87,053)   -2.99%   $     2,973,100   $     3,009,500   $      (36,400)    -1.21%
 Plate Number Retention Fees                  $      963,020    $      938,800    $         24,220     2.58%    $      870,800    $      873,600    $       (2,800)    -0.32%

DOL Services Account 201                      $     5,878,809   $     5,835,100   $         43,709     0.75%    $     6,041,500   $     6,082,100   $      (40,600)    -0.67%

License Plate Technology Account 06T          $     2,930,878   $     2,898,600   $         32,278     1.11%    $     3,001,500   $     3,020,600   $      (19,100)    -0.63%

Group IV - Business Licenses 108-255          $     3,068,257   $     2,994,800   $         73,457     2.45%    $     2,980,000   $     2,891,900   $       88,100      3.05%

Highway Safety Fund 106                       $   151,229,555   $   149,730,850   $     1,498,705      1.00%    $   158,600,460   $   158,480,010   $      120,450      0.08%

Motorcycle Safety Education Account 082 $           3,995,900   $     3,634,600   $        361,300     9.94%    $     3,747,000   $     3,584,600   $      162,400      4.53%

Aviation Fuel 039                             $     5,855,265   $     5,653,800   $        201,465     3.56%    $     5,918,900   $     5,910,300   $        8,600      0.15%

State Patrol Highway Account 081              $    36,177,056   $    35,983,529   $        193,527     0.54%    $    41,255,110   $    41,543,600   $     (288,490)    -0.69%
 Dealer Temp Permits 081-253                  $     8,135,255   $     7,980,300   $        154,955     1.94%    $    11,429,000   $    11,511,800   $      (82,800)    -0.72%
 Copies of Record (ADR) 081-421               $    28,041,801   $    28,003,229   $         38,572     0.14%    $    29,826,110   $    30,031,800   $     (205,690)    -0.68%



        DOL Economic Analysis                                                                                                                                      9/17/2008


                                                                                      69
DOL Revenue Forecasts
September 2008
                                                  Biennium 2011-2013                        Forecast          Biennium 2013-2015                              Forecast
                                              Current           June 2008             Difference % Change Current           June 2008                   Difference % Change

Motor Vehicle Fund 108-253-0017               $    40,037,100   $    40,269,500   $        (232,400)   -0.58%   $    41,879,500   $    42,154,900   $     (275,400)     -0.65%
 Plate Replacement *(Mandatory & Voluntary)   $    28,406,000   $    28,504,800   $         (98,800)   -0.35%   $    29,791,300   $    29,931,300   $     (140,000)     -0.47%
 Other Miscellaneous Fees                     $      292,400    $      314,000    $         (21,600)   -6.88%   $      292,400    $      314,000    $      (21,600)     -6.88%
 Plate Reflectivity                           $    11,338,700   $    11,450,700   $        (112,000)   -0.98%   $    11,795,800   $    11,909,600   $     (113,800)     -0.96%

Title Fees                                    $    23,018,600   $    22,887,200   $        131,400     0.57%    $    23,591,500   $    23,522,200   $       69,300       0.29%
 Vessel Response Account 07C                  $           -     $           -     $             -      0.00%    $           -     $           -     $           -        0.00%
 Motor Vehicle Fund 108 *CAPRON               $      343,500    $      341,500    $             -      0.00%    $      352,100    $      351,000    $           -        0.00%
 Air Pollution Control Account 216            $           -     $           -     $             -      0.00%    $           -     $           -     $           -        0.00%
 Multimodal Account Title Fees 218            $     7,323,000   $     7,281,200   $         41,800     0.57%    $     7,505,300   $     7,483,200   $       22,100       0.30%
 Nickel Account 550                           $    15,352,100   $    15,264,500   $         87,600     0.57%    $    15,734,100   $    15,688,000   $       46,100       0.29%

IFTA Decals 108-253                           $      671,800    $      729,300    $         (57,500)   -7.88%   $      693,400    $      752,800    $      (59,400)     -7.89%

Dealer Collected MV Fees 108-253              $     1,348,400   $     1,316,500   $         31,900     2.42%    $     1,387,700   $     1,353,500   $       34,200       2.53%

Multimodal Transportation Account 218         $    11,345,300   $    11,349,200   $          (3,900)   -0.03%   $    11,681,600   $    11,707,100   $      (25,500)     -0.22%
 Filing Fees                                  $     3,081,700   $     3,124,700   $         (43,000)   -1.38%   $     3,180,600   $     3,224,900   $      (44,300)     -1.37%
 Plate Number Retention Fees                  $      940,600    $      943,300    $          (2,700)   -0.29%   $      995,700    $      999,000    $        (3,300)    -0.33%

DOL Services Account 201                      $     6,276,900   $     6,324,000   $         (47,100)   -0.74%   $     6,489,800   $     6,534,000   $      (44,200)     -0.68%

License Plate Technology Account 06T          $     3,118,500   $     3,140,700   $         (22,200)   -0.71%   $     3,224,300   $     3,245,200   $      (20,900)     -0.64%

Group IV - Business Licenses 108-255          $     2,926,300   $     2,860,200   $         66,100     2.31%    $     2,881,400   $     2,851,000   $       30,400       1.07%

Highway Safety Fund 106                       $   160,988,180   $   161,107,050   $        (118,870)   -0.07%   $   163,691,440   $   165,075,640   $    (1,384,200)    -0.84%

Motorcycle Safety Education Account 082       $     3,842,400   $     3,854,800   $         (12,400)   -0.32%   $     4,077,600   $     3,637,600   $      440,000     12.10%

Aviation Fuel 039                             $     6,165,800   $     6,162,100   $           3,700    0.06%    $     6,431,800   $     6,419,500   $       12,300       0.19%

State Patrol Highway Account 081              $    42,864,910   $    43,436,080   $        (571,170)   -1.31%   $    43,624,830   $    44,880,780   $    (1,255,950)    -2.80%
 Dealer Temp Permits 081-253                  $    11,758,900   $    11,861,800   $        (102,900)   -0.87%   $    11,666,800   $    11,769,000   $     (102,200)     -0.87%
 Copies of Record (ADR) 081-421               $    31,106,010   $    31,574,280   $        (468,270)   -1.48%   $    31,958,030   $    33,111,780   $    (1,153,750)    -3.48%



        DOL Economic Analysis                                                                                                                                       9/17/2008


                                                                                      70
DOL Revenue Forecasts
September 2008
                                                  Biennium 2015-2017                        Forecast          Biennium 2017-2019                             Forecast
                                              Current           June 2008             Difference % Change Current           June 2008                  Difference % Change

Motor Vehicle Fund 108-253-0017               $    39,931,900   $    40,290,900   $      (359,000)    -0.89%   $    41,137,200   $    41,598,900   $     (461,700)      -1.11%
 Plate Replacement *(Mandatory & Voluntary)   $    28,056,700   $    28,305,300   $      (248,600)    -0.88%   $    28,978,500   $    29,336,300   $     (357,800)      -1.22%
 Other Miscellaneous Fees                     $      292,400    $      314,000    $        (21,600)   -6.88%   $      292,400    $      314,000    $      (21,600)      -6.88%
 Plate Reflectivity                           $    11,582,800   $    11,671,600   $        (88,800)   -0.76%   $    11,866,300   $    11,948,600   $      (82,300)      -0.69%

Title Fees                                    $    23,842,400   $    23,837,800   $          4,600    0.02%    $    24,102,700   $    24,098,100   $        4,600        0.02%
 Vessel Response Account 07C                  $           -     $           -     $            -      0.00%    $           -     $           -     $           -         0.00%
 Motor Vehicle Fund 108 *CAPRON               $      355,800    $      355,800    $            -      0.00%    $      359,700    $      359,700    $           -         0.00%
 Air Pollution Control Account 216            $           -     $           -     $            -      0.00%    $           -     $           -     $           -         0.00%
 Multimodal Account Title Fees 218            $     7,585,100   $     7,583,600   $          1,500    0.02%    $     7,667,900   $     7,666,400   $        1,500        0.02%
 Nickel Account 550                           $    15,901,500   $    15,898,400   $          3,100    0.02%    $    16,075,100   $    16,072,000   $        3,100        0.02%

IFTA Decals 108-253                           $      714,200    $      775,200    $        (61,000)   -7.87%   $      734,800    $      797,500    $       (62,700)     -7.86%

Dealer Collected MV Fees 108-253              $     1,419,900   $     1,374,100   $         45,800    3.33%    $     1,442,600   $     1,388,700   $       53,900        3.88%

Multimodal Transportation Account 218         $    11,798,300   $    11,848,900   $        (50,600)   -0.43%   $    12,006,800   $    12,063,000   $       (56,200)     -0.47%
 Filing Fees                                  $     3,275,700   $     3,321,400   $        (45,700)   -1.38%   $     3,370,000   $     3,417,000   $       (47,000)     -1.38%
 Plate Number Retention Fees                  $      937,500    $      943,900    $         (6,400)   -0.68%   $      968,900 $         979,600    $      (10,700)      -1.09%

DOL Services Account 201                      $     6,697,600   $     6,739,500   $        (41,900)   -0.62%   $     6,905,900   $     6,945,900   $      (40,000)      -0.58%

License Plate Technology Account 06T          $     3,327,900   $     3,347,200   $        (19,300)   -0.58%   $     3,432,100   $     3,449,700   $      (17,600)      -0.51%

Group IV - Business Licenses 108-255          $     2,861,300   $     2,845,400   $         15,900    0.56%    $     2,851,600   $     2,840,100   $       11,500        0.40%

Highway Safety Fund 106                       $   169,591,850   $   170,916,040   $    (1,324,190)    -0.77%   $   170,569,350   $   172,217,340   $    (1,647,990)     -0.96%

Motorcycle Safety Education Account 082       $     4,192,500   $     3,877,600   $        314,900    8.12%    $     4,374,000   $     3,889,800   $      484,200       12.45%

Aviation Fuel 039                             $     6,612,600   $     6,606,400   $          6,200    0.09%    $     6,757,300   $     6,752,500   $        4,800        0.07%

State Patrol Highway Account 081              $    44,501,200   $    45,959,260   $    (1,458,060)    -3.17%   $    45,343,950   $    46,834,440   $    (1,490,490)     -3.18%
 Dealer Temp Permits 081-253                  $    11,717,100   $    11,819,900   $      (102,800)    -0.87%   $    11,746,600   $    11,849,900   $     (103,300)      -0.87%
 Copies of Record (ADR) 081-421               $    32,784,100   $    34,139,360   $    (1,355,260)    -3.97%   $    33,597,350   $    34,984,540   $    (1,387,190)     -3.97%



        DOL Economic Analysis                                                                                                                                      9/17/2008


                                                                                      71
DOL Revenue Forecasts
September 2008
                                                  Biennium 2019-2021                        Forecast          Biennium 2021-2023                             Forecast
                                              Current           June 2008             Difference % Change Current           June 2008                  Difference % Change

Motor Vehicle Fund 108-253-0017               $    42,720,300   $    43,253,100   $      (532,800)    -1.23%   $    43,475,700   $    44,021,800   $     (546,100)      -1.24%
 Plate Replacement *(Mandatory & Voluntary)   $    30,228,100   $    30,616,700   $      (388,600)    -1.27%   $    30,792,900   $    31,164,900   $     (372,000)      -1.19%
 Other Miscellaneous Fees                     $      292,400    $      314,000    $        (21,600)   -6.88%   $      292,400    $      314,000    $      (21,600)      -6.88%
 Plate Reflectivity                           $    12,199,800   $    12,322,400   $      (122,600)    -0.99%   $    12,390,400   $    12,542,900   $     (152,500)      -1.22%

Title Fees                                    $    24,424,600   $    24,358,600   $         66,000    0.27%    $    24,863,700   $    24,796,600   $       67,100        0.27%
 Vessel Response Account 07C                  $           -     $           -     $            -      0.00%    $           -     $           -     $           -         0.00%
 Motor Vehicle Fund 108 *CAPRON               $      364,500    $      363,500    $            -      0.00%    $      371,000    $      370,000    $           -         0.00%
 Air Pollution Control Account 216            $           -     $           -     $            -      0.00%    $           -     $           -     $           -         0.00%
 Multimodal Account Title Fees 218            $     7,770,300   $     7,749,300   $         21,000    0.27%    $     7,910,000   $     7,888,700   $       21,300        0.27%
 Nickel Account 550                           $    16,289,800   $    16,245,800   $         44,000    0.27%    $    16,582,700   $    16,537,900   $       44,800        0.27%

IFTA Decals 108-253                           $      755,000    $      819,600    $        (64,600)   -7.88%   $      775,200    $      841,400    $      (66,200)      -7.87%

Dealer Collected MV Fees 108-253              $     1,460,800   $     1,413,500   $         47,300    3.35%    $     1,477,600   $     1,438,000   $       39,600        2.75%

Multimodal Transportation Account 218         $    12,245,900   $    12,286,100   $        (40,200)   -0.33%   $    12,499,400   $    12,539,300   $      (39,900)      -0.32%
 Filing Fees                                  $     3,463,000   $     3,511,300   $        (48,300)   -1.38%   $     3,555,100   $     3,604,700   $      (49,600)      -1.38%
 Plate Number Retention Fees                  $     1,012,600   $     1,025,500   $        (12,900)   -1.26%   $     1,034,300   $     1,045,900   $      (11,600)      -1.11%

DOL Services Account 201                      $     7,116,600   $     7,154,000   $        (37,400)   -0.52%   $     7,330,100   $     7,364,500   $      (34,400)      -0.47%

License Plate Technology Account 06T          $     3,537,300   $     3,553,000   $        (15,700)   -0.44%   $     3,644,000   $     3,657,700   $      (13,700)      -0.37%

Group IV - Business Licenses 108-255          $     2,843,300   $     2,835,000   $          8,300    0.29%    $     2,838,700   $     2,830,200   $        8,500        0.30%

Highway Safety Fund 106                       $   177,330,160   $   178,927,250   $    (1,597,090)    -0.89%   $   180,138,060   $   181,782,250   $    (1,644,190)     -0.90%

Motorcycle Safety Education Account 082       $     4,602,300   $     3,973,400   $        628,900    15.83%   $     4,679,800   $     4,143,200   $      536,600      12.95%

Aviation Fuel 039                             $     6,900,300   $     6,893,300   $          7,000    0.10%    $     7,046,100   $     7,033,200   $       12,900        0.18%

State Patrol Highway Account 081              $    46,176,460   $    47,699,050   $    (1,522,590)    -3.19%   $    47,018,100   $    48,572,820   $    (1,554,720)     -3.20%
 Dealer Temp Permits 081-253                  $    11,771,000   $    11,874,700   $      (103,700)    -0.87%   $    11,799,100   $    11,903,000   $     (103,900)      -0.87%
 Copies of Record (ADR) 081-421               $    34,405,460   $    35,824,350   $    (1,418,890)    -3.96%   $    35,219,000   $    36,669,820   $    (1,450,820)     -3.96%



        DOL Economic Analysis                                                                                                                                      9/17/2008


                                                                                      72
DOL Revenue Forecasts
September 2008
                                                  Biennium 2023-2025                        Forecast
                                              Current           June 2008             Difference % Change

Motor Vehicle Fund 108-253-0017               $    43,207,900   $    43,712,500   $     (504,600)     -1.15%
 Plate Replacement *(Mandatory & Voluntary)   $    30,502,800   $    30,808,800   $     (306,000)     -0.99%
 Other Miscellaneous Fees                     $      292,400    $      314,000    $        (21,600)   -6.88%
 Plate Reflectivity                           $    12,412,700   $    12,589,700   $     (177,000)     -1.41%

Title Fees                                    $    25,352,300   $    25,284,000   $         68,300    0.27%
 Vessel Response Account 07C                  $           -     $           -     $            -      0.00%
 Motor Vehicle Fund 108 *CAPRON               $      378,400    $      377,300    $            -      0.00%
 Air Pollution Control Account 216            $           -     $           -     $            -      0.00%
 Multimodal Account Title Fees 218            $     8,065,400   $     8,043,700   $         21,700    0.27%
 Nickel Account 550                           $    16,908,500   $    16,863,000   $         45,500    0.27%

IFTA Decals 108-253                           $      795,200    $      863,300    $        (68,100)   -7.89%

Dealer Collected MV Fees 108-253              $     1,496,900   $     1,465,400   $         31,500    2.15%

Multimodal Transportation Account 218         $    12,736,400   $    12,775,300   $        (38,900)   -0.30%
 Filing Fees                                  $     3,647,300   $     3,698,200   $        (50,900)   -1.38%
 Plate Number Retention Fees                  $     1,023,700   $     1,033,400   $         (9,700)   -0.94%

DOL Services Account 201                      $     7,546,000   $     7,577,400   $        (31,400)   -0.41%

License Plate Technology Account 06T          $     3,752,000   $     3,763,400   $        (11,400)   -0.30%

Group IV - Business Licenses 108-255          $     2,834,300   $     2,825,400   $          8,900    0.31%

Highway Safety Fund 106                       $   183,750,770   $   185,792,760   $    (2,041,990)    -1.10%

Motorcycle Safety Education Account 082       $     4,874,000   $     4,076,300   $        797,700    19.57%

Aviation Fuel 039                             $     7,184,900   $     7,172,300   $         12,600    0.18%

State Patrol Highway Account 081              $    47,255,000   $    49,462,800   $    (2,207,800)    -4.46%
 Dealer Temp Permits 081-253                  $    11,827,000   $    11,931,300   $     (104,300)     -0.87%
 Copies of Record (ADR) 081-421               $    35,428,000   $    37,531,500   $    (2,103,500)    -5.60%



        DOL Economic Analysis                                                                                  9/17/2008


                                                                                      73
Motor Vehicle Fund
Fund 108 Source 253
* Miscellaneous Fees - 0017

September 2008 Forecast

 Plate Replacement
 Includes Mandatory & Voluntary
                                     FY 2008     FY 2009          FY 2010   FY 2011         FY 2012   FY 2013         FY 2014   FY 2015

                  June Forecast      $ 15,043,700 $ 13,454,100 $ 13,076,400 $ 13,405,800 $ 13,950,500 $ 14,554,300 $ 14,622,000 $ 15,309,300
             September Forecast      $ 14,997,878 $ 13,404,700 $ 13,027,000 $ 13,356,400 $ 13,901,100 $ 14,504,900 $ 14,574,800 $ 15,216,500
                   Level Change      $    (45,822) $   (49,400) $   (49,400) $   (49,400) $   (49,400) $   (49,400) $   (47,200) $   (92,800)
                          % Change         -0.30%       -0.37%       -0.38%       -0.37%       -0.35%       -0.34%       -0.32%       -0.61%


         Biennia                                 2007-2009                  2009-2011                 2011-2013                 2013-2015

         June Forecast                            $ 28,497,800              $ 26,482,200              $ 28,504,800               $ 29,931,300
         September Forecast                       $ 28,402,578              $ 26,383,400              $ 28,406,000               $ 29,791,300
                   Level Change                   $    (95,222)             $    (98,800)             $    (98,800)              $ (140,000)
                          % Change                      -0.33%                    -0.37%                    -0.35%                     -0.47%




        DOL Economic Analysis                                                                                                                   9/17/2008


                                                                                        74
Motor Vehicle Fund
Fund 108 Source 253
* Miscellaneous Fees - 0017

September 2008 Forecast

 Plate Replacement
 Includes Mandatory & Voluntary
                                     FY 2016     FY 2017         FY 2018   FY 2019         FY 2020   FY 2021         FY 2022   FY 2023         FY 2024   FY 2025

                  June Forecast      $ 14,205,600 $ 14,099,700 $ 14,452,800 $ 14,883,500 $ 15,250,200 $ 15,366,500 $ 15,823,300 $ 15,341,600 $ 15,298,500 $ 15,510,300
             September Forecast      $ 14,097,400 $ 13,959,300 $ 14,281,000 $ 14,697,500 $ 15,053,900 $ 15,174,200 $ 15,631,100 $ 15,161,800 $ 15,141,300 $ 15,361,500
                   Level Change      $ (108,200) $ (140,400) $ (171,800) $ (186,000) $ (196,300) $ (192,300) $ (192,200) $ (179,800) $ (157,200) $ (148,800)
                          % Change         -0.76%       -1.00%       -1.19%       -1.25%       -1.29%       -1.25%       -1.21%       -1.17%       -1.03%       -0.96%


         Biennia                                 2015-2017                 2017-2019                 2019-2021                 2021-2023                 2023-2025

         June Forecast                            $ 28,305,300              $ 29,336,300              $ 30,616,700              $ 31,164,900              $ 30,808,800
         September Forecast                       $ 28,056,700              $ 28,978,500              $ 30,228,100              $ 30,792,900              $ 30,502,800
                   Level Change                   $ (248,600)               $ (357,800)               $ (388,600)               $ (372,000)               $ (306,000)
                          % Change                      -0.88%                    -1.22%                    -1.27%                    -1.19%                    -0.99%




        DOL Economic Analysis                                                                                                                                   9/17/2008


                                                                                       75
Motor Vehicle Fund
Fund 108 Source 253
* Miscellaneous Fees - 0017
September 2008 Forecast
Other Miscellaneous Fees
 Excludes Plate Replacement & Plate
 Reflectivity Fees
                                      FY 2008     FY 2009         FY 2010     FY 2011         FY 2012     FY 2013         FY 2014     FY 2015

                  June Forecast       $   157,000 $    157,000 $      157,000 $    157,000 $      157,000 $    157,000 $      157,000 $    157,000
             September Forecast       $   146,249 $    146,200 $      146,200 $    146,200 $      146,200 $    146,200 $      146,200 $    146,200
                   Level Change       $   (10,751) $   (10,800) $     (10,800) $   (10,800) $     (10,800) $   (10,800) $     (10,800) $   (10,800)
                          % Change         -6.85%       -6.88%         -6.88%       -6.88%         -6.88%       -6.88%         -6.88%       -6.88%


              Biennia                             2007-2009                   2009-2011                   2011-2013                   2013-2015

              June Forecast                       $    314,000                $    314,000                $    314,000                $    314,000
              September Forecast                  $    292,449                $    292,400                $    292,400                $    292,400
                    Level Change                  $    (21,551)               $    (21,600)               $    (21,600)               $    (21,600)
                          % Change                      -6.86%                      -6.88%                      -6.88%                      -6.88%




       DOL Economic Analysis                                                                                                                          9/17/2008

                                                                                     76
Motor Vehicle Fund
Fund 108 Source 253
* Miscellaneous Fees - 0017
September 2008 Forecast
Other Miscellaneous Fees
 Excludes Plate Replacement & Plate
 Reflectivity Fees
                                      FY 2016     FY 2017         FY 2018     FY 2019         FY 2020     FY 2021         FY 2022     FY 2023         FY 2024     FY 2025

                  June Forecast       $   157,000 $    157,000 $      157,000 $    157,000 $      157,000 $    157,000 $      157,000 $    157,000 $      157,000 $     157,000
             September Forecast       $   146,200 $    146,200 $      146,200 $    146,200 $      146,200 $    146,200 $      146,200 $    146,200 $      146,200 $     146,200
                   Level Change       $   (10,800) $   (10,800) $     (10,800) $   (10,800) $     (10,800) $   (10,800) $     (10,800) $   (10,800) $     (10,800) $    (10,800)
                          % Change         -6.88%       -6.88%         -6.88%       -6.88%         -6.88%       -6.88%         -6.88%       -6.88%         -6.88%        -6.88%


              Biennia                             2015-2017                   2017-2019                   2019-2021                   2021-2023                   2023-2025

              June Forecast                       $    314,000                $    314,000                $    314,000                $    314,000                 $    314,000
              September Forecast                  $    292,400                $    292,400                $    292,400                $    292,400                 $    292,400
                    Level Change                  $    (21,600)               $    (21,600)               $    (21,600)               $    (21,600)                $    (21,600)
                          % Change                      -6.88%                      -6.88%                      -6.88%                      -6.88%                       -6.88%




       DOL Economic Analysis                                                                                                                                    9/17/2008

                                                                                    77
Motor Vehicle Fund
Fund 108 Source 253
* Miscellaneous Fees - 0017

September 2008 Forecast

Plate Reflectivity

                                   FY 2008    FY 2009         FY 2010   FY 2011         FY 2012   FY 2013        FY 2014   FY 2015

                June Forecast      $ 5,786,900 $ 5,306,200 $ 5,276,600 $ 5,418,800 $ 5,636,100 $ 5,814,600 $ 5,862,100 $ 6,047,500
           September Forecast      $ 5,820,256 $ 5,254,600 $ 5,241,800 $ 5,370,600 $ 5,585,000 $ 5,753,700 $ 5,800,700 $ 5,995,100
                 Level Change      $    33,356 $   (51,600) $ (34,800) $   (48,200) $ (51,100) $   (60,900) $ (61,400) $   (52,400)
                        % Change         0.58%      -0.97%      -0.66%      -0.89%      -0.91%      -1.05%      -1.05%      -0.87%


           Biennia                            2007-2009                 2009-2011                 2011-2013                2013-2015

           June Forecast                      $ 11,093,100              $ 10,695,400              $ 11,450,700             $ 11,909,600
           September Forecast                 $ 11,074,856              $ 10,612,400              $ 11,338,700             $ 11,795,800
                 Level Change                 $    (18,244)             $    (83,000)             $ (112,000)              $ (113,800)
                        % Change                    -0.16%                    -0.78%                    -0.98%                   -0.96%




       DOL Economic Analysis                                                                                                              9/17/2008

                                                                                  78
Motor Vehicle Fund
Fund 108 Source 253
* Miscellaneous Fees - 0017

September 2008 Forecast

Plate Reflectivity

                                   FY 2016    FY 2017         FY 2018   FY 2019         FY 2020   FY 2021        FY 2022   FY 2023        FY 2024    FY 2025

                June Forecast      $ 5,844,900 $ 5,826,700 $ 5,919,200 $ 6,029,400 $ 6,137,300 $ 6,185,100 $ 6,305,500 $ 6,237,400 $ 6,256,500 $ 6,333,200
           September Forecast      $ 5,795,600 $ 5,787,200 $ 5,883,700 $ 5,982,600 $ 6,079,800 $ 6,120,000 $ 6,232,400 $ 6,158,000 $ 6,172,100 $ 6,240,600
                 Level Change      $ (49,300) $    (39,500) $ (35,500) $   (46,800) $ (57,500) $   (65,100) $ (73,100) $   (79,400) $ (84,400) $   (92,600)
                        % Change        -0.84%      -0.68%      -0.60%      -0.78%      -0.94%      -1.05%      -1.16%      -1.27%      -1.35%      -1.46%


           Biennia                            2015-2017                 2017-2019                 2019-2021                2021-2023                 2023-2025

           June Forecast                      $ 11,671,600              $ 11,948,600              $ 12,322,400             $ 12,542,900               $ 12,589,700
           September Forecast                 $ 11,582,800              $ 11,866,300              $ 12,199,800             $ 12,390,400               $ 12,412,700
                 Level Change                 $    (88,800)             $    (82,300)             $ (122,600)              $ (152,500)                $ (177,000)
                        % Change                    -0.76%                    -0.69%                    -0.99%                   -1.22%                     -1.41%




       DOL Economic Analysis                                                                                                                        9/17/2008

                                                                                  79
Title Fee Revenue Distribution
  September 2008 Forecast

           Title Fees Collected                                                   FY 2008         FY 2009         FY 2010         FY 2011         FY 2012         FY 2013         FY 2014         FY 2015
                             June Forecast                                    $ 10,969,700    $ 10,612,300    $ 10,671,000    $ 11,047,000    $ 11,319,800    $ 11,567,400    $ 11,693,200    $ 11,829,000
                        September Forecast                                    $ 10,929,252    $ 10,495,800    $ 10,661,500    $ 11,037,200    $ 11,384,800    $ 11,633,800    $ 11,760,300    $ 11,831,200
                                                       Level Change           $     (40,448) $     (116,500) $       (9,500) $       (9,800) $       65,000   $      66,400   $      67,100   $       2,200
                                                          % Change                    -0.4%           -1.1%           -0.1%           -0.1%            0.6%            0.6%            0.6%            0.0%


 FUND         TITLE                                   SOURCE
  07C      Vessel Response                       Other Title Fees
                                 June Forecast                                $ 1,214,500     $         -     $         -     $         -     $         -     $         -     $         -     $         -
                          September Forecast                                  $ 1,221,107     $         -     $         -     $         -     $         -     $         -     $         -     $         -
                                                             % Change                 0.54%           0.00%           0.00%           0.00%           0.00%           0.00%           0.00%           0.00%

  108      Motor Vehicle                         Other Title Fees
                                 June Forecast                                $     163,700   $     158,400   $     159,200   $     164,900   $     168,900   $     172,600   $     174,500   $     176,500
                          September Forecast                                  $     152,540   $     156,600   $     159,100   $     164,700   $     169,900   $     173,600   $     175,500   $     176,600
                                                             % Change                -6.82%          -1.14%          -0.06%          -0.12%           0.59%           0.58%           0.57%           0.06%

  216      Air Pollution Control                 Other Title Fees
                                 June Forecast                                $ 4,258,000     $         -     $         -     $         -     $         -     $         -     $         -     $         -
                          September Forecast                                  $ 4,281,244     $         -     $         -     $         -     $         -     $         -     $         -     $         -
                                                             % Change                 0.55%           0.00%           0.00%           0.00%           0.00%           0.00%           0.00%           0.00%

  218      Multimodal Transportation             Originals
                                 June Forecast                                $ 3,489,800     $ 3,376,100     $ 3,394,800     $ 3,514,400     $ 3,601,200     $ 3,680,000     $ 3,720,000     $ 3,763,200
                          September Forecast                                  $ 3,420,644     $ 3,339,100     $ 3,391,800     $ 3,511,300     $ 3,621,900     $ 3,701,100     $ 3,741,400     $ 3,763,900
                                                             % Change                -1.98%          -1.10%          -0.09%          -0.09%           0.57%           0.57%           0.58%           0.02%

  550      Nickel                                Other Title Fees
                                 June Forecast                                $ 1,843,700     $ 7,077,800     $ 7,117,000     $ 7,367,700     $ 7,549,700     $ 7,714,800     $ 7,798,700     $ 7,889,300
                          September Forecast                                  $ 1,853,716     $ 7,000,100     $ 7,110,600     $ 7,361,200     $ 7,593,000     $ 7,759,100     $ 7,843,400     $ 7,890,700
                                                             % Change                 0.54%          -1.10%          -0.09%          -0.09%           0.57%           0.57%           0.57%           0.02%

Note: Title Fee Revenue distributed to Vessel Response 07C
       and Air Pollution Control 216 sunset in FY 2008.
      Motor Vehicle Fund 108 revenue is associated with CAPRON
           and 'Other Title Fee' transactions for San Juan & Island County.




             DOL Economic Analysis                                                                                                                                                                            9/17/2008


                                                                                                                     80
Title Fee Revenue Distribution
  September 2008 Forecast

           Title Fees Collected                                                FY 2016         FY 2017         FY 2018         FY 2019         FY 2020         FY 2021         FY 2022         FY 2023         FY 2024         FY 2025
                             June Forecast                                 $ 11,912,700    $ 11,925,100    $ 12,005,400    $ 12,092,700    $ 12,133,400    $ 12,225,200    $ 12,337,800    $ 12,458,800    $ 12,574,000    $ 12,710,000
                        September Forecast                                 $ 11,915,000    $ 11,927,400    $ 12,007,700    $ 12,095,000    $ 12,166,300    $ 12,258,300    $ 12,371,200    $ 12,492,500    $ 12,608,000    $ 12,744,300
                                                       Level Change        $       2,300   $       2,300   $       2,300   $       2,300   $      32,900   $      33,100   $      33,400   $      33,700   $      34,000   $      34,300
                                                          % Change                  0.0%            0.0%            0.0%            0.0%            0.3%            0.3%            0.3%            0.3%            0.3%             0.3%


 FUND         TITLE                                   SOURCE
  07C      Vessel Response                      Other Title Fees
                                June Forecast                              $         -     $         -     $         -     $         -     $         -     $         -     $         -     $         -     $         -     $          -
                          September Forecast                               $         -     $         -     $         -     $         -     $         -     $         -     $         -     $         -     $         -     $          -
                                                            % Change               0.00%           0.00%           0.00%           0.00%           0.00%           0.00%           0.00%           0.00%           0.00%            0.00%

  108      Motor Vehicle                        Other Title Fees
                                June Forecast                              $     177,800   $     178,000   $     179,200   $     180,500   $     181,100   $     182,400   $     184,100   $     185,900   $     187,600   $     189,700
                          September Forecast                               $     177,800   $     178,000   $     179,200   $     180,500   $     181,600   $     182,900   $     184,600   $     186,400   $     188,200   $     190,200
                                                            % Change               0.00%           0.00%           0.00%           0.00%           0.28%           0.27%           0.27%           0.27%           0.32%            0.26%

  216      Air Pollution Control                Other Title Fees
                                June Forecast                              $         -     $         -     $         -     $         -     $         -     $         -     $         -     $         -     $         -     $          -
                          September Forecast                               $         -     $         -     $         -     $         -     $         -     $         -     $         -     $         -     $         -     $          -
                                                            % Change               0.00%           0.00%           0.00%           0.00%           0.00%           0.00%           0.00%           0.00%           0.00%            0.00%

  218      Multimodal Transportation            Originals
                                June Forecast                              $ 3,789,800     $ 3,793,800     $ 3,819,300     $ 3,847,100     $ 3,860,000     $ 3,889,300     $ 3,925,100     $ 3,963,600     $ 4,000,200     $ 4,043,500
                          September Forecast                               $ 3,790,600     $ 3,794,500     $ 3,820,100     $ 3,847,800     $ 3,870,500     $ 3,899,800     $ 3,935,700     $ 3,974,300     $ 4,011,000     $ 4,054,400
                                                            % Change               0.02%           0.02%           0.02%           0.02%           0.27%           0.27%           0.27%           0.27%           0.27%            0.27%

  550      Nickel                               Other Title Fees
                                June Forecast                              $ 7,945,100     $ 7,953,300     $ 8,006,900     $ 8,065,100     $ 8,092,300     $ 8,153,500     $ 8,228,600     $ 8,309,300     $ 8,386,200     $ 8,476,800
                          September Forecast                           $ 7,946,600         $ 7,954,900     $ 8,008,400     $ 8,066,700     $ 8,114,200     $ 8,175,600     $ 8,250,900     $ 8,331,800     $ 8,408,800     $ 8,499,700
                                                            % Change               0.02%           0.02%           0.02%           0.02%           0.27%           0.27%           0.27%           0.27%           0.27%            0.27%

Note: Title Fee Revenue distributed to Vessel Response 07C
       and Air Pollution Control 216 sunset in FY 2008.
      Motor Vehicle Fund 108 revenue is associated with CAPRON
           and 'Other Title Fee' transactions for San Juan & Island Coun




            DOL Economic Analysis                                                                                                                                                                                              9/17/2008


                                                                                                                         81
September 2008 Forecast
Misc. Funds


  IFTA Decals ($10 each)             FY 2008        FY 2009    FY 2010       FY 2011     FY 2012      FY 2013      FY 2014     FY 2015
  108-010-253-0066
                     June Forecast   $ 339,200 $     340,400 $ 347,100 $      355,300 $ 361,600 $      367,700 $ 373,600 $        379,200
                September Forecast   $ 313,927 $     315,500 $ 320,900 $      327,300 $ 333,100 $      338,700 $ 344,100 $        349,300
                      Level Change   $ (25,273) $    (24,900) $ (26,200) $    (28,000) $ (28,500) $    (29,000) $ (29,500) $      (29,900)
                        % Change        -7.45%        -7.31%     -7.55%        -7.88%     -7.88%        -7.89%     -7.90%          -7.89%

     Biennia                                   2007-2009                 2009-2011                 2011-2013                 2013-2015
                     June Forecast              $ 679,600                 $ 702,400                 $ 729,300                 $   752,800
                September Forecast              $ 629,427                 $ 648,200                 $ 671,800                 $   693,400
                      Level Change              $   (50,173)              $   (54,200)              $   (57,500)              $   (59,400)
                        % Change                     -7.38%                    -7.72%                    -7.88%                    -7.89%




  Motor Vehicle License Fee          FY 2008        FY 2009    FY 2010       FY 2011     FY 2012      FY 2013      FY 2014     FY 2015
  108-011-253-0001
                     June Forecast   $ 636,400 $     599,000 $ 610,200 $      627,500 $ 652,000 $      664,500 $ 671,500 $        682,000
                September Forecast   $ 663,916 $     614,700 $ 630,500 $      645,300 $ 668,900 $      679,500 $ 686,400 $        701,300
                      Level Change   $ 27,516 $       15,700 $ 20,300 $        17,800 $ 16,900 $        15,000 $ 14,900 $          19,300
                        % Change         4.32%         2.62%     3.33%          2.84%     2.59%          2.26%     2.22%            2.83%

     Biennia                                   2007-2009                 2009-2011                 2011-2013                 2013-2015
                     June Forecast              $ 1,235,400               $ 1,237,700               $ 1,316,500               $ 1,353,500
                September Forecast              $ 1,278,616               $ 1,275,800               $ 1,348,400               $ 1,387,700
                      Level Change              $    43,216               $    38,100               $    31,900               $    34,200
                        % Change                      3.50%                     3.08%                     2.42%                     2.53%




      DOL Economic Analysis                                                                                                                  9/17/2008

                                                                               82
September 2008 Forecast
Misc. Funds


  IFTA Decals ($10 each)             FY 2016        FY 2017    FY 2018       FY 2019     FY 2020      FY 2021      FY 2022     FY 2023      FY 2024       FY 2025
  108-010-253-0066
                     June Forecast   $ 384,800 $     390,400 $ 395,900 $      401,600 $ 407,100 $      412,500 $ 418,000 $       423,400 $ 428,800 $         434,500
                September Forecast   $ 354,500 $     359,700 $ 364,800 $      370,000 $ 375,000 $      380,000 $ 385,100 $       390,100 $ 395,000 $         400,200
                      Level Change   $ (30,300) $    (30,700) $ (31,100) $    (31,600) $ (32,100) $    (32,500) $ (32,900) $     (33,300) $ (33,800) $       (34,300)
                        % Change        -7.87%        -7.86%     -7.86%        -7.87%     -7.89%        -7.88%     -7.87%         -7.86%     -7.88%           -7.89%

     Biennia                                   2015-2017                 2017-2019                 2019-2021                 2021-2023                 2023-2025
                     June Forecast              $ 775,200                 $ 797,500                 $ 819,600                 $ 841,400                 $ 863,300
                September Forecast              $ 714,200                 $ 734,800                 $ 755,000                 $ 775,200                 $ 795,200
                      Level Change              $   (61,000)              $   (62,700)              $   (64,600)              $ (66,200)                $ (68,100)
                        % Change                     -7.87%                    -7.86%                    -7.88%                   -7.87%                    -7.89%




  Motor Vehicle License Fee          FY 2016        FY 2017    FY 2018       FY 2019     FY 2020      FY 2021      FY 2022     FY 2023      FY 2024       FY 2025
  108-011-253-0001
                     June Forecast   $ 686,700 $     687,400 $ 691,900 $      696,800 $ 704,200 $      709,300 $ 715,600 $       722,400 $ 728,900 $         736,500
                September Forecast   $ 707,500 $     712,400 $ 719,600 $      723,000 $ 728,800 $      732,000 $ 736,400 $       741,200 $ 745,700 $         751,200
                      Level Change   $ 20,800 $       25,000 $ 27,700 $        26,200 $ 24,600 $        22,700 $ 20,800 $         18,800 $ 16,800 $           14,700
                        % Change         3.03%         3.64%     4.00%          3.76%     3.49%          3.20%     2.91%           2.60%     2.30%             2.00%

     Biennia                                   2015-2017                 2017-2019                 2019-2021                 2021-2023                 2023-2025
                     June Forecast              $ 1,374,100               $ 1,388,700               $ 1,413,500               $ 1,438,000               $ 1,465,400
                September Forecast              $ 1,419,900               $ 1,442,600               $ 1,460,800               $ 1,477,600               $ 1,496,900
                      Level Change              $    45,800               $    53,900               $    47,300               $    39,600               $    31,500
                        % Change                      3.33%                     3.88%                     3.35%                     2.75%                     2.15%




      DOL Economic Analysis                                                                                                                           9/17/2008

                                                                              83
Multimodal Transportation Fund
Fund 218 Source 253
 Includes Title Fees, Filing Fees and Plate Retention Fees

 September 2008 Forecast
                                                                 FY 2008         FY 2009         FY 2010         FY 2011          FY 2012         FY 2013         FY 2014         FY 2015

                                      June Forecast          $ 5,445,300     $    5,271,400    $ 5,313,000   $     5,479,300    $ 5,612,000   $    5,737,200    $ 5,808,000   $    5,899,100
                              September Forecast             $ 5,324,911     $    5,222,800    $ 5,293,100   $     5,453,900    $ 5,610,100   $    5,735,200    $ 5,806,100   $    5,875,500
                                       Level Change          $    (120,389) $       (48,600) $     (19,900) $        (25,400) $      (1,900) $        (2,000) $      (1,900) $       (23,600)
                                            % Change                -2.21%          -0.92%          -0.37%           -0.46%          -0.03%          -0.03%          -0.03%          -0.40%


                                  Biennia                                     2007-2009                          2009-2011                     2011-2013                       2013-2015

                                      June Forecast                          $ 10,716,700                    $ 10,792,300                     $ 11,349,200                    $ 11,707,100
                              September Forecast                             $ 10,547,711                    $ 10,747,000                     $ 11,345,300                    $ 11,681,600
                                       Level Change                          $     (168,989)                 $       (45,300)                 $       (3,900)                 $      (25,500)
                                          % Change                                  -1.58%                           -0.42%                          -0.03%                          -0.22%




          DOL Economic Analysis                                                                                                                                                                 9/17/2008


                                                                                                                  84
Multimodal Transportation Fund
Fund 218 Source 253
 Includes Title Fees, Filing Fees and Plate Retention Fees

 September 2008 Forecast
                                                                 FY 2016         FY 2017         FY 2018         FY 2019         FY 2020         FY 2021         FY 2022         FY 2023        FY 2024         FY 2025

                                      June Forecast          $ 5,912,300     $    5,936,600    $ 5,998,000   $    6,065,000    $ 6,114,000   $    6,172,100    $ 6,247,100   $   6,292,200    $ 6,350,200   $   6,425,100
                              September Forecast             $ 5,887,800     $    5,910,500    $ 5,970,500   $    6,036,300    $ 6,094,000   $    6,151,900    $ 6,227,100   $   6,272,300    $ 6,330,700   $   6,405,700
                                       Level Change          $     (24,500) $       (26,100) $     (27,500) $       (28,700) $     (20,000) $       (20,200) $     (20,000) $      (19,900) $     (19,500) $      (19,400)
                                            % Change                -0.41%          -0.44%          -0.46%          -0.47%          -0.33%          -0.33%          -0.32%          -0.32%         -0.31%          -0.30%


                                  Biennia                                    2015-2017                       2017-2019                       2019-2021                       2021-2023                      2023-2025

                                      June Forecast                          $ 11,848,900                    $ 12,063,000                    $ 12,286,100                    $ 12,539,300                   $ 12,775,300
                              September Forecast                             $ 11,798,300                    $ 12,006,800                    $ 12,245,900                    $ 12,499,400                   $ 12,736,400
                                       Level Change                          $      (50,600)                 $      (56,200)                 $      (40,200)                 $     (39,900)                 $     (38,900)
                                          % Change                                  -0.43%                          -0.47%                          -0.33%                          -0.32%                         -0.30%




          DOL Economic Analysis                                                                                                                                                                                  9/17/2008


                                                                                                                  85
DOL Collected Filing Fees
Multimodal Transportation Account
 September 2008 Forecast

                                             FY 2008        FY 2009          FY 2010        FY 2011          FY 2012        FY 2013          FY 2014        FY 2015
  Filing Fees     218-253-15
                         June Forecast   $    1,453,400 $     1,458,600 $     1,487,300 $     1,522,200 $     1,549,300 $     1,575,400 $     1,600,400 $     1,624,500
                    September Forecast   $    1,377,947 $     1,447,000 $     1,471,800 $     1,501,300 $     1,528,000 $     1,553,700 $     1,578,400 $     1,602,200
                       Forecast Change   $     (75,453) $       (11,600) $     (15,500) $       (20,900) $     (21,300) $       (21,700) $     (22,000) $       (22,300)
                             % Change

                           Biennia                          2007-2009                       2009-2011                       2011-2013                       2013-2015
                         June Forecast                 $      2,912,000                $      3,009,500                $      3,124,700                $      3,224,900
                    September Forecast                 $      2,824,947                $      2,973,100                $      3,081,700                $      3,180,600
                          Level Change                 $        (87,053)               $        (36,400)               $        (43,000)               $        (44,300)
                             % Change                           -2.99%                          -1.21%                          -1.38%                          -1.37%




        Dol Economic Analysis                                                                                                                                              9/17/2008


                                                                                                  86
DOL Collected Filing Fees
Multimodal Transportation Account
 September 2008 Forecast

                                             FY 2016        FY 2017          FY 2018        FY 2019          FY 2020        FY 2021          FY 2022        FY 2023          FY 2024        FY 2025
  Filing Fees     218-253-15
                         June Forecast   $    1,648,600 $     1,672,800 $     1,696,400 $     1,720,600 $     1,744,100 $     1,767,200 $     1,790,700 $     1,814,000 $     1,837,000 $     1,861,200
                    September Forecast   $    1,625,900 $     1,649,800 $     1,673,000 $     1,697,000 $     1,720,100 $     1,742,900 $     1,766,100 $     1,789,000 $     1,811,700 $     1,835,600
                       Forecast Change   $     (22,700) $       (23,000) $     (23,400) $       (23,600) $     (24,000) $       (24,300) $     (24,600) $       (25,000) $     (25,300) $       (25,600)
                             % Change

                           Biennia                          2015-2017                       2017-2019                       2019-2021                       2021-2023                       2023-2025
                         June Forecast                 $      3,321,400                $      3,417,000                $      3,511,300                $      3,604,700                $      3,698,200
                    September Forecast                 $      3,275,700                $      3,370,000                $      3,463,000                $      3,555,100                $      3,647,300
                          Level Change                 $        (45,700)               $        (47,000)               $        (48,300)               $        (49,600)               $        (50,900)
                             % Change                           -1.38%                          -1.38%                          -1.38%                          -1.38%                           -1.38%




        Dol Economic Analysis                                                                                                                                                                    9/17/2008


                                                                                                  87
Multimodal Transportation Account
Fund 218 Source 253

Plate Number Retention ($20 each)
 September 2008 Forecast

                                           FY 2008   FY 2009     FY 2010      FY 2011     FY 2012    FY 2013       FY 2014      FY 2015
                      June Forecast       $ 502,100 $ 436,700 $ 430,900 $ 442,700 $ 461,500 $ 481,800 $ 487,600 $ 511,400
                 September Forecast       $ 526,320 $ 436,700 $ 429,500 $ 441,300 $ 460,200 $ 480,400 $ 486,300 $ 509,400
                       Level Change       $ 24,220 $       -   $    (1,400) $    (1,400) $ (1,300) $     (1,400) $    (1,300) $     (2,000)
                               % Change       4.82%      0.00%      -0.32%       -0.32%     -0.28%       -0.29%       -0.27%        -0.39%


                    Biennia                          2007-2009                         2009-2011                      2011-2013                         2013-2015
                      June Forecast                  $     938,800                      $ 873,600                      $     943,300                     $     999,000
                 September Forecast                  $     963,020                      $ 870,800                      $     940,600                     $     995,700
                       Level Change                  $      24,220                      $  (2,800)                     $      (2,700)                    $      (3,300)
                               % Change                      2.58%                         -0.32%                             -0.29%                            -0.33%




                                                 An individual's choice to retain a license plate number is dependent on that individual. For example, the plate
                                                 number may have meaning to the individual similar to that of a specialty plate or the individual may not want to
                                                 change the plate number because it is easy to remember. There is no data available on the reasons why individuals
                                                 retain license plate numbers. There appears to be no price effect due to the plate fee increase and increased overall
                                                 cost to consumer. The transactions for plate numbers retained represents on average 3% of the total number of plates
                                                 replacement transactions.




       DOL Economic Analysis                                                                                                                                              9/17/2008

                                                                                           88
Multimodal Transportation Account
Fund 218 Source 253

Plate Number Retention ($20 each)
 September 2008 Forecast

                                            FY 2016      FY 2017      FY 2018      FY 2019      FY 2020      FY 2021       FY 2022      FY 2023      FY 2024      FY 2025
                      June Forecast       $ 473,900 $ 470,000 $ 482,300 $ 497,300 $ 509,900 $                  515,600 $ 531,300 $ 514,600 $ 513,000 $ 520,400
                 September Forecast       $ 471,300 $ 466,200 $ 477,400 $ 491,500 $ 503,400 $                  509,200 $ 525,300 $ 509,000 $ 508,000 $ 515,700
                       Level Change       $    (2,600) $    (3,800) $    (4,900) $    (5,800) $    (6,500) $     (6,400) $    (6,000) $    (5,600) $    (5,000) $    (4,700)
                               % Change        -0.55%       -0.81%       -1.02%       -1.17%       -1.27%        -1.24%       -1.13%       -1.09%       -0.97%       -0.90%


                    Biennia                          2015-2017                 2017-2019                2019-2021                  2021-2023                   2023-2025
                      June Forecast                   $ 943,900                $ 979,600                 $   1,025,500              $ 1,045,900                $ 1,033,400
                 September Forecast                   $ 937,500                $ 968,900                 $   1,012,600              $ 1,034,300                $ 1,023,700
                       Level Change                   $  (6,400)               $ (10,700)                $     (12,900)             $   (11,600)               $    (9,700)
                               % Change                  -0.68%                   -1.09%                        -1.26%                   -1.11%                     -0.94%




       DOL Economic Analysis                                                                                                                               9/17/2008

                                                                                   89
DOL Services Account
 Fund 201
 September 2008 Forecast

                                   FY 2008        FY 2009         FY 2010         FY 2011          FY 2012         FY 2013          FY 2014         FY 2015
      Highway Vehicles         $ 2,715,227    $ 2,683,800     $ 2,743,500     $ 2,812,800      $ 2,866,800     $ 2,919,500      $ 2,970,900     $ 3,021,300
      ORV Snowmobile           $    101,100   $    100,200    $    101,500    $    102,900     $    104,300    $    105,700     $    107,100    $    108,500
      Vessels                  $    139,582   $    138,900    $    140,600    $    140,200     $    140,300    $    140,300     $    141,000    $    141,000

      Fund 201 Total           $ 2,955,909    $ 2,922,900     $ 2,985,600     $ 3,055,900      $ 3,111,400     $ 3,165,500      $ 3,219,000     $ 3,270,800

      June Forecast            $ 2,901,700    $ 2,933,400     $ 3,001,600     $ 3,080,500      $ 3,135,300     $ 3,188,700      $ 3,241,500     $ 3,292,500
      Level Change             $     54,209   $     (10,500) $      (16,000) $      (24,600) $       (23,900) $      (23,200) $       (22,500) $      (21,700)
      % Change from Forecast          1.87%          -0.36%          -0.53%          -0.80%           -0.76%          -0.73%           -0.69%          -0.66%




      Biennia                                 2007-2009                       2009-2011                        2011-2013                        2013-2015

      Highway Vehicles                        $ 5,399,027                     $ 5,556,300                      $ 5,786,300                      $ 5,992,200
      ORV Snowmobile                          $    201,300                    $    204,400                     $    210,000                     $    215,600
      Vessels                                 $    278,482                    $    280,800                     $    280,600                     $    282,000

      Fund 201 Total                          $ 5,878,809                     $ 6,041,500                      $ 6,276,900                      $ 6,489,800

      June Forecast                           $ 5,835,100                     $ 6,082,100                      $ 6,324,000                      $ 6,534,000
      Level Change                            $     43,709                    $     (40,600)                   $     (47,100)                   $     (44,200)
      % Change from Forecast                         0.75%                           -0.67%                           -0.74%                           -0.68%




     DOL Economic Analysis                                                                                                                                       9/17/2008

                                                                                   90
DOL Services Account
 Fund 201
 September 2008 Forecast

                                   FY 2016         FY 2017          FY 2018         FY 2019          FY 2020         FY 2021          FY 2022         FY 2023          FY 2024          FY 2025
      Highway Vehicles         $ 3,072,200     $ 3,123,300      $ 3,174,000     $ 3,226,200      $ 3,277,800     $ 3,329,500      $ 3,382,200     $ 3,435,200      $ 3,488,400      $ 3,544,000
      ORV Snowmobile           $    109,600    $    110,500     $    111,400    $    112,300     $    113,200    $    114,100     $    114,900    $    115,800     $    115,800     $    115,800
      Vessels                  $    141,000    $    141,000     $    141,000    $    141,000     $    141,000    $    141,000     $    141,000    $    141,000     $    141,000     $    141,000

      Fund 201 Total           $ 3,322,800     $ 3,374,800      $ 3,426,400     $ 3,479,500      $ 3,532,000     $ 3,584,600      $ 3,638,100     $ 3,692,000      $ 3,745,200      $ 3,800,800

      June Forecast            $ 3,344,000     $ 3,395,500      $ 3,446,700     $ 3,499,200      $ 3,551,100     $ 3,602,900      $ 3,655,700     $ 3,708,800      $ 3,761,300      $ 3,816,100
      Level Change             $     (21,200) $      (20,700) $       (20,300) $      (19,700) $       (19,100) $      (18,300) $       (17,600) $      (16,800) $       (16,100) $          (15,300)
      % Change from Forecast          -0.63%          -0.61%           -0.59%          -0.56%           -0.54%          -0.51%           -0.48%          -0.45%           -0.43%              -0.40%




      Biennia                                  2015-2017                        2017-2019                        2019-2021                        2021-2023                         2023-2025

      Highway Vehicles                         $ 6,195,500                      $ 6,400,200                      $ 6,607,300                      $ 6,817,400                       $ 7,032,400
      ORV Snowmobile                           $    220,100                     $    223,700                     $    227,300                     $    230,700                      $    231,600
      Vessels                                  $    282,000                     $    282,000                     $    282,000                     $    282,000                      $    282,000

      Fund 201 Total                           $ 6,697,600                      $ 6,905,900                      $ 7,116,600                      $ 7,330,100                       $ 7,546,000

      June Forecast                            $ 6,739,500                      $ 6,945,900                      $ 7,154,000                      $ 7,364,500                       $ 7,577,400
      Level Change                             $     (41,900)                   $     (40,000)                   $     (37,400)                   $     (34,400)                    $        (31,400)
      % Change from Forecast                          -0.62%                           -0.58%                           -0.52%                           -0.47%                               -0.41%




     DOL Economic Analysis                                                                                                                                                       9/17/2008

                                                                                     91
License Plate Technology
 Fund 06T
 September 2008 Forecast

                                   FY 2008        FY 2009         FY 2010         FY 2011           FY 2012         FY 2013          FY 2014         FY 2015
      Highway Vehicles         $ 1,368,578    $ 1,341,900     $ 1,371,800     $ 1,406,400       $ 1,433,400     $ 1,459,800      $ 1,485,500     $ 1,510,600
      ORV Snowmobile           $     39,100   $     38,600    $     39,200    $     39,700      $     40,300    $     40,800     $     41,300    $     41,900
      Vessels                  $     71,300   $     71,400    $     72,300    $     72,100      $     72,100    $     72,100     $     72,500    $     72,500

      FUND 06T Total           $ 1,478,978    $ 1,451,900     $ 1,483,300     $ 1,518,200       $ 1,545,800     $ 1,572,700      $ 1,599,300     $ 1,625,000

      June Forecast            $ 1,441,800    $ 1,456,800     $ 1,490,700     $ 1,529,900       $ 1,557,100     $ 1,583,600      $ 1,609,900     $ 1,635,300
      Level Change             $     37,178   $      (4,900) $       (7,400) $      (11,700) $        (11,300) $      (10,900) $       (10,600) $      (10,300)
      % Change from Forecast          2.58%          -0.34%          -0.50%            -0.76%          -0.73%          -0.69%           -0.66%          -0.63%




      Biennia                                 2007-2009                       2009-2011                         2011-2013                        2013-2015

      Highway Vehicles                        $ 2,710,478                     $ 2,778,200                       $ 2,893,200                      $ 2,996,100
      ORV Snowmobile                          $     77,700                    $     78,900                      $     81,100                     $     83,200
      Vessels                                 $    142,700                    $    144,400                      $    144,200                     $    145,000

      FUND 06T Total                          $ 2,930,878                     $ 3,001,500                       $ 3,118,500                      $ 3,224,300

      June Forecast                           $ 2,898,600                     $ 3,020,600                       $ 3,140,700                      $ 3,245,200
      Level Change                            $     32,278                    $     (19,100)                    $     (22,200)                   $     (20,900)
      % Change from Forecast                         1.11%                             -0.63%                          -0.71%                           -0.64%




   DOL Economic Analysis                                                                                                                                          9/17/2008

                                                                                  92
License Plate Technology
 Fund 06T
 September 2008 Forecast

                                   FY 2016         FY 2017          FY 2018         FY 2019           FY 2020         FY 2021          FY 2022         FY 2023          FY 2024         FY 2025
      Highway Vehicles         $ 1,536,100     $ 1,561,600      $ 1,587,000     $ 1,613,100       $ 1,638,900     $ 1,664,700      $ 1,691,100     $ 1,717,600      $ 1,744,200     $ 1,772,000
      ORV Snowmobile           $     42,400    $     42,800     $     43,300    $     43,700      $     44,100    $     44,600     $     44,900    $     45,400     $     45,400    $     45,400
      Vessels                  $     72,500    $     72,500     $     72,500    $     72,500      $     72,500    $     72,500     $     72,500    $     72,500     $     72,500    $     72,500

      FUND 06T Total           $ 1,651,000     $ 1,676,900      $ 1,702,800     $ 1,729,300       $ 1,755,500     $ 1,781,800      $ 1,808,500     $ 1,835,500      $ 1,862,100     $ 1,889,900

      June Forecast            $ 1,660,800     $ 1,686,400      $ 1,711,800     $ 1,737,900       $ 1,763,600     $ 1,789,400      $ 1,815,600     $ 1,842,100      $ 1,868,100     $ 1,895,300
      Level Change             $      (9,800) $       (9,500) $        (9,000) $         (8,600) $       (8,100) $       (7,600) $        (7,100) $       (6,600) $        (6,000) $       (5,400)
      % Change from Forecast          -0.59%          -0.56%           -0.53%            -0.49%          -0.46%          -0.42%           -0.39%          -0.36%           -0.32%          -0.28%




      Biennia                                  2015-2017                        2017-2019                         2019-2021                        2021-2023                        2023-2025

      Highway Vehicles                         $ 3,097,700                      $ 3,200,100                       $ 3,303,600                      $ 3,408,700                      $ 3,516,200
      ORV Snowmobile                           $     85,200                     $        87,000                   $     88,700                     $     90,300                     $     90,800
      Vessels                                  $    145,000                     $    145,000                      $    145,000                     $    145,000                     $    145,000

      FUND 06T Total                           $ 3,327,900                      $ 3,432,100                       $ 3,537,300                      $ 3,644,000                      $ 3,752,000

      June Forecast                            $ 3,347,200                      $ 3,449,700                       $ 3,553,000                      $ 3,657,700                      $ 3,763,400
      Level Change                             $     (19,300)                   $     (17,600)                    $     (15,700)                   $     (13,700)                   $     (11,400)
      % Change from Forecast                          -0.58%                             -0.51%                          -0.44%                           -0.37%                           -0.30%




   DOL Economic Analysis                                                                                                                                                     9/17/2008

                                                                                    93
Motor Vehicle Fund (108)
 Group IV - Business Licenses
 September 2008 Forecast
                                                       FY 2008      FY 2009      FY 2010       FY 2011       FY 2012       FY 2013       FY 2014      FY 2015
 Dealers
  108-011-255-0020 to 0036
                                  June Forecast    $ 1,249,800 $ 1,184,600 $ 1,167,100 $ 1,153,100 $ 1,142,200 $ 1,134,100 $ 1,132,700 $ 1,131,300
                             September Forecast    $ 1,267,676 $ 1,236,300 $ 1,213,500 $ 1,192,000 $ 1,177,700 $ 1,163,000 $ 1,150,200 $ 1,137,800
                                   Level Change    $    17,876 $    51,700 $    46,400 $    38,900 $    35,500 $    28,900 $    17,500 $     6,500
                                     % Change            1.43%       4.36%       3.98%       3.37%       3.11%       2.55%       1.54%       0.57%

 Tow Truck Operators
  108-011-255-0054
                                  June Forecast    $    124,600 $    124,600 $    124,600 $     124,600 $     124,600 $     124,600 $     124,600 $    124,600
                             September Forecast    $    126,242 $    126,200 $    126,200 $     126,200 $     126,200 $     126,200 $     126,200 $    126,200
                                   Level Change    $      1,642 $      1,600 $      1,600 $       1,600 $       1,600 $       1,600 $       1,600 $      1,600
                                     % Change             1.32%        1.28%        1.28%         1.28%         1.28%         1.28%         1.28%        1.28%

 Manufacturers, Wreckers, etc.
   108-011-255-0009, 0050 to 0053
                                  June Forecast    $    121,000 $    123,800 $    126,600 $     129,500 $     132,600 $     135,700 $     135,700 $    135,700
                             September Forecast    $    121,259 $    123,800 $    126,300 $     129,000 $     131,800 $     134,600 $     137,100 $    137,100
                                   Level Change    $        259 $        -   $       (300) $       (500) $       (800) $     (1,100) $      1,400 $      1,400
                                     % Change             0.21%        0.00%       -0.24%        -0.39%        -0.60%        -0.81%         1.03%        1.03%

 Transporters
  108-011-255-0060
                                  June Forecast    $     33,200 $     33,200 $     33,200 $      33,200 $      33,200 $      33,200 $      33,200 $     33,200
                             September Forecast    $     33,381 $     33,400 $     33,400 $      33,400 $      33,400 $      33,400 $      33,400 $     33,400
                                   Level Change    $        181 $        200 $        200 $         200 $         200 $         200 $         200 $        200
                                     % Change             0.54%        0.60%        0.60%         0.60%         0.60%         0.60%         0.60%        0.60%

 Total Group 4
  108-011-255
                                  June Forecast    $ 1,528,600 $ 1,466,200 $ 1,451,500 $ 1,440,400 $ 1,432,600 $ 1,427,600 $ 1,426,200 $ 1,424,800
                             September Forecast    $ 1,548,557 $ 1,519,700 $ 1,499,400 $ 1,480,600 $ 1,469,100 $ 1,457,200 $ 1,446,900 $ 1,434,500
                                   Level Change    $    19,957 $    53,500 $    47,900 $    40,200 $    36,500 $    29,600 $    20,700 $     9,700
                                     % Change            1.31%       3.65%       3.30%       2.79%       2.55%       2.07%       1.45%       0.68%

                                         Biennia                 2007-2009                 2009-2011                   2011-2013                   2013-2015
                                  June Forecast                   $ 2,994,800               $ 2,891,900                 $ 2,860,200                 $ 2,851,000
                             September Forecast                   $ 3,068,257               $ 2,980,000                 $ 2,926,300                 $ 2,881,400
                                   Level Change                   $    73,457               $    88,100                 $    66,100                 $    30,400
                                     % Change                           2.45%                     3.05%                       2.31%                       1.07%




        DOL Economic Analysis                                                                                                                                     9/17/2008


                                                                                                94
Motor Vehicle Fund (108)
 Group IV - Business Licenses
 September 2008 Forecast
                                                       FY 2016      FY 2017      FY 2018      FY 2019      FY 2020      FY 2021      FY 2022      FY 2023      FY 2024      FY 2025
 Dealers
  108-011-255-0020 to 0036
                                  June Forecast    $ 1,129,900 $ 1,128,500 $ 1,127,200 $ 1,125,900 $ 1,124,600 $ 1,123,400 $ 1,122,200 $ 1,121,000 $ 1,119,800 $ 1,118,600
                             September Forecast    $ 1,135,200 $ 1,132,700 $ 1,130,300 $ 1,127,900 $ 1,125,500 $ 1,124,400 $ 1,123,200 $ 1,122,100 $ 1,121,000 $ 1,119,900
                                   Level Change    $     5,300 $     4,200 $     3,100 $     2,000 $       900 $     1,000 $     1,000 $     1,100 $     1,200 $     1,300
                                     % Change            0.47%       0.37%       0.28%       0.18%       0.08%       0.09%       0.09%       0.10%       0.11%       0.12%

 Tow Truck Operators
  108-011-255-0054
                                  June Forecast    $    124,600 $    124,600 $    124,600 $    124,600 $    124,600 $    124,600 $    124,600 $    124,600 $    124,600 $    124,600
                             September Forecast    $    126,200 $    126,200 $    126,200 $    126,200 $    126,200 $    126,200 $    126,200 $    126,200 $    126,200 $    126,200
                                   Level Change    $      1,600 $      1,600 $      1,600 $      1,600 $      1,600 $      1,600 $      1,600 $      1,600 $      1,600 $      1,600
                                     % Change             1.28%        1.28%        1.28%        1.28%        1.28%        1.28%        1.28%        1.28%        1.28%        1.28%

 Manufacturers, Wreckers, etc.
   108-011-255-0009, 0050 to 0053
                                  June Forecast    $    135,700 $    135,700 $    135,700 $    135,700 $    135,700 $    135,700 $    135,700 $    135,700 $    135,700 $    135,700
                             September Forecast    $    137,100 $    137,100 $    137,100 $    137,100 $    137,100 $    137,100 $    137,100 $    137,100 $    137,100 $    137,100
                                   Level Change    $      1,400 $      1,400 $      1,400 $      1,400 $      1,400 $      1,400 $      1,400 $      1,400 $      1,400 $      1,400
                                     % Change             1.03%        1.03%        1.03%        1.03%        1.03%        1.03%        1.03%        1.03%        1.03%        1.03%

 Transporters
  108-011-255-0060
                                  June Forecast    $     33,200 $     33,200 $     33,200 $     33,200 $     33,200 $     33,200 $     33,200 $     33,200 $     33,200 $      33,200
                             September Forecast    $     33,400 $     33,400 $     33,400 $     33,400 $     33,400 $     33,400 $     33,400 $     33,400 $     33,400 $      33,400
                                   Level Change    $        200 $        200 $        200 $        200 $        200 $        200 $        200 $        200 $        200 $         200
                                     % Change             0.60%        0.60%        0.60%        0.60%        0.60%        0.60%        0.60%        0.60%        0.60%         0.60%

 Total Group 4
  108-011-255
                                  June Forecast    $ 1,423,400 $ 1,422,000 $ 1,420,700 $ 1,419,400 $ 1,418,100 $ 1,416,900 $ 1,415,700 $ 1,414,500 $ 1,413,300 $ 1,412,100
                             September Forecast    $ 1,431,900 $ 1,429,400 $ 1,427,000 $ 1,424,600 $ 1,422,200 $ 1,421,100 $ 1,419,900 $ 1,418,800 $ 1,417,700 $ 1,416,600
                                   Level Change    $     8,500 $     7,400 $     6,300 $     5,200 $     4,100 $     4,200 $     4,200 $     4,300 $     4,400 $     4,500
                                     % Change            0.60%       0.52%       0.44%       0.37%       0.29%       0.30%       0.30%       0.30%       0.31%       0.32%

                                         Biennia                 2015-2017                 2017-2019                 2019-2021                 2021-2023                 2023-2025
                                  June Forecast                   $ 2,845,400               $ 2,840,100               $ 2,835,000               $ 2,830,200               $ 2,825,400
                             September Forecast                   $ 2,861,300               $ 2,851,600               $ 2,843,300               $ 2,838,700               $ 2,834,300
                                   Level Change                   $    15,900               $    11,500               $     8,300               $     8,500               $     8,900
                                     % Change                           0.56%                     0.40%                     0.29%                     0.30%                     0.31%




        DOL Economic Analysis                                                                                                                                                9/17/2008


                                                                                               95
Highway Safety Fund
 Fund 106
 September 2008 Forecast

                                                 FY 2008          FY 2009          FY 2010         FY 2011         FY 2012         FY 2013         FY 2014         FY 2015
                          June Forecast      $ 74,211,940     $ 75,518,910     $ 78,594,220    $ 79,885,790     $ 80,692,050   $ 80,415,000      $ 81,112,610   $ 83,963,030
                    September Forecast       $ 75,302,535     $ 75,927,020     $ 78,744,020    $ 79,856,440     $ 80,672,280   $ 80,315,900      $ 80,347,330   $ 83,344,110
                              Level Change   $    1,090,595   $     408,110    $     149,800   $      (29,350) $      (19,770) $      (99,100) $     (765,280) $     (618,920)
                                % Change             1.47%            0.54%            0.19%          -0.04%          -0.02%          -0.12%          -0.94%          -0.74%
                               FY Growth             -2.46%           0.83%            3.71%            1.41%          1.02%           -0.44%           0.04%          3.73%



         Biennia                                              2007-2009                        2009-2011                       2011-2013                        2013-2015

                          June Forecast                       $ 149,730,850                    $ 158,480,010                   $ 161,107,050                    $ 165,075,640
                    September Forecast                        $ 151,229,555                    $ 158,600,460                   $ 160,988,180                    $ 163,691,440
                              Level Change                    $    1,498,705                   $     120,450                   $     (118,870)                  $ (1,384,200)
                                % Change                               1.00%                           0.08%                           -0.07%                         -0.84%
                         Biennia Growth                               0.34%                             4.87%                          1.51%                           1.68%




      DOL Economic Analysis                                                                                                                                                      9/17/2008

                                                                                                   96
Highway Safety Fund
 Fund 106
 September 2008 Forecast

                                               FY 2016         FY 2017         FY 2018        FY 2019         FY 2020         FY 2021         FY 2022         FY 2023         FY 2024          FY 2025
                          June Forecast $ 85,079,030       $ 85,837,010    $ 85,716,760     $ 86,500,580    $ 88,919,210   $ 90,008,040    $ 90,828,190   $ 90,954,060    $ 91,808,860     $ 93,983,900
                    September Forecast $ 84,431,460        $ 85,160,390    $ 85,098,210     $ 85,471,140    $ 88,135,310   $ 89,194,850    $ 89,985,990   $ 90,152,070    $ 90,671,030     $ 93,079,740
                              Level Change $     (647,570) $     (676,620) $     (618,550) $ (1,029,440) $      (783,900) $     (813,190) $     (842,200) $     (801,990) $   (1,137,830) $         (904,160)
                                % Change          -0.76%          -0.79%          -0.72%          -1.19%         -0.88%          -0.90%          -0.93%          -0.88%          -1.24%              -0.96%
                               FY Growth           1.30%           0.86%           -0.07%          0.44%           3.12%          1.20%           0.89%           0.18%           0.58%               2.66%



         Biennia                                           2015-2017                        2017-2019                      2019-2021                      2021-2023                       2023-2025

                          June Forecast                    $ 170,916,040                    $ 172,217,340                  $ 178,927,250                  $ 181,782,250                    $ 185,792,760
                    September Forecast                     $ 169,591,850                    $ 170,569,350                  $ 177,330,160                  $ 180,138,060                    $ 183,750,770
                              Level Change                 $ (1,324,190)                    $ (1,647,990)                  $ (1,597,090)                  $ (1,644,190)                    $   (2,041,990)
                                % Change                         -0.77%                           -0.96%                         -0.89%                         -0.90%                             -1.10%
                         Biennia Growth                            3.60%                           0.58%                          3.96%                           1.58%                               2.01%




      DOL Economic Analysis                                                                                                                                                             9/17/2008

                                                                                                  97
 September 2008 Forecast
                                            FY 2008         FY 2009    2007-2009         FY 2010        FY 2011    2009-2011         FY 2012        FY 2013     2011-2013
Highway Safety Fund Total
           June Forecast                $ 74,211,940 $ 75,518,910 $ 149,730,850 $ 78,594,220 $ 79,885,790 $ 158,480,010 $ 80,692,050 $ 80,415,000 $ 161,107,050
           September Forecast           $ 75,302,535 $ 75,927,020 $ 151,229,555 $ 78,744,020 $ 79,856,440 $ 158,600,460 $ 80,672,280 $ 80,315,900 $ 160,988,180
                  Level Change          $ 1,090,595 $     408,110 $ 1,498,705 $      149,800 $    (29,350) $    120,450 $    (19,770) $   (99,100) $   (118,870)
                  % Change                     1.47%        0.54%         1.00%        0.19%       -0.04%         0.08%       -0.02%       -0.12%        -0.07%
                  FY / Biennia Growth         -2.46%        0.83%         0.34%        3.71%        1.41%         4.87%        1.02%       -0.44%         1.51%

Drivers License Fees --- 106-254
           June Forecast                $ 56,878,700 $ 58,107,900 $ 114,986,600 $ 60,796,900 $ 61,703,700 $ 122,500,600 $ 62,125,600 $ 61,502,300 $ 123,627,900
           September Forecast           $ 58,097,517 $ 58,371,300 $ 116,468,817 $ 60,701,900 $ 61,591,300 $ 122,293,200 $ 61,995,600 $ 61,474,000 $ 123,469,600
                  Level Change          $ 1,218,817 $     263,400 $ 1,482,217 $      (95,000) $  (112,400) $   (207,400) $  (130,000) $   (28,300) $   (158,300)
                  % Change                     2.14%        0.45%         1.29%       -0.16%       -0.18%        -0.17%       -0.21%       -0.05%        -0.13%
                  FY / Biennia Growth          0.81%        0.47%         2.59%        3.99%        1.47%         5.00%        0.66%       -0.84%         0.96%

Copies of Record --- 106-421
           June Forecast                $ 14,858,300 $ 15,118,010 $ 29,976,310 $ 15,362,020 $ 15,751,690 $ 31,113,710 $ 16,138,650 $ 16,523,900 $ 32,662,550
           September Forecast           $ 14,738,259 $ 15,118,020 $ 29,856,279 $ 15,362,020 $ 15,595,740 $ 30,957,760 $ 16,012,280 $ 16,232,200 $ 32,244,480
                  Level Change          $   (120,041) $        10 $   (120,031) $       -   $   (155,950) $  (155,950) $  (126,370) $  (291,700) $  (418,070)
                  % Change                    -0.81%        0.00%       -0.40%        0.00%       -0.99%       -0.50%       -0.78%       -1.77%       -1.28%
                  FY / Biennia Growth        -13.67%        2.58%       -7.67%        1.61%        1.52%        3.69%        2.67%        1.37%        4.16%

Motor Vehicle Filing Fees --- 106-253
           June Forecast                $    2,043,000 $     1,889,400 $   3,932,400 $    1,998,500 $    1,991,900 $   3,990,400 $    1,986,400 $    1,954,600 $   3,941,000
           September Forecast           $    2,025,737 $     1,987,300 $   4,013,037 $    2,149,100 $    2,136,700 $   4,285,800 $    2,128,400 $    2,082,100 $   4,210,500
                  Level Change          $      (17,263) $       97,900 $      80,637 $      150,600 $      144,800 $     295,400 $      142,000 $      127,500 $     269,500
                  % Change                      -0.84%           5.18%         2.05%          7.54%          7.27%         7.40%          7.15%          6.52%         6.84%
                  FY / Biennia Growth           -1.58%          -1.90%        -0.11%          8.14%         -0.58%         6.80%         -0.39%         -2.18%        -1.76%

Fines & Forfeitures --- 106-405
           June Forecast                $     331,500 $       301,700 $     633,200 $      333,400 $      333,500 $     666,900 $      334,800 $      326,000 $        660,800
           September Forecast           $     338,312 $       346,100 $     684,412 $      425,100 $      425,200 $     850,300 $      426,900 $      416,900 $        843,800
                  Level Change          $       6,812 $        44,400 $      51,212 $       91,700 $       91,700 $     183,400 $       92,100 $       90,900 $        183,000
                  % Change                      2.05%          14.72%         8.09%         27.50%         27.50%        27.50%         27.51%         27.88%           27.69%
                  FY / Biennia Growth          -3.75%           2.30%         3.68%         22.83%          0.02%        24.24%          0.40%         -2.34%           -0.76%

Drivers License Schools --- 106-222
           June Forecast                $     100,440 $       101,900 $     202,340 $      103,400 $      105,000 $     208,400 $      106,600 $      108,200 $        214,800
           September Forecast           $     102,710 $       104,300 $     207,010 $      105,900 $      107,500 $     213,400 $      109,100 $      110,700 $        219,800
                  Level Change          $       2,270 $         2,400 $       4,670 $        2,500 $        2,500 $       5,000 $        2,500 $        2,500 $          5,000
                  % Change                      2.26%           2.36%         2.31%          2.42%          2.38%         2.40%          2.35%          2.31%            2.33%
                  FY / Biennia Growth           9.89%           1.55%        25.87%          1.53%          1.51%         3.09%          1.49%          1.47%            3.00%




     DOL Economic Analysis                                                                                                                                 9/17/2008

                                                                                   98
 September 2008 Forecast
                                            FY 2014        FY 2015        2013-2015        FY 2016        FY 2017    2015-2017         FY 2018        FY 2019     2017-2019
Highway Safety Fund Total
          June Forecast                 $ 81,112,610 $ 83,963,030 $ 165,075,640 $ 85,079,030 $ 85,837,010 $ 170,916,040 $ 85,716,760 $ 86,500,580 $ 172,217,340
          September Forecast            $ 80,347,330 $ 83,344,110 $ 163,691,440 $ 84,431,460 $ 85,160,390 $ 169,591,850 $ 85,098,210 $ 85,471,140 $ 170,569,350
                 Level Change           $   (765,280) $  (618,920) $ (1,384,200) $  (647,570) $  (676,620) $ (1,324,190) $  (618,550) $ (1,029,440) $ (1,647,990)
                 % Change                     -0.94%       -0.74%        -0.84%       -0.76%       -0.79%        -0.77%       -0.72%        -1.19%        -0.96%
                 FY / Biennia Growth           0.04%        3.73%         1.68%        1.30%        0.86%         3.60%       -0.07%         0.44%         0.58%

Drivers License Fees --- 106-254
          June Forecast                 $ 61,822,200 $ 64,181,400 $ 126,003,600 $ 65,088,600 $ 65,630,300 $ 130,718,900 $ 65,326,700 $ 65,904,400 $ 131,231,100
          September Forecast            $ 61,313,000 $ 63,961,500 $ 125,274,500 $ 64,850,700 $ 65,373,500 $ 130,224,200 $ 65,147,300 $ 65,332,700 $ 130,480,000
                 Level Change           $   (509,200) $  (219,900) $   (729,100) $  (237,900) $  (256,800) $   (494,700) $  (179,400) $  (571,700) $   (751,100)
                 % Change                     -0.82%       -0.34%        -0.58%       -0.37%       -0.39%        -0.38%       -0.27%       -0.87%        -0.57%
                 FY / Biennia Growth          -0.26%        4.32%         1.46%        1.39%        0.81%         3.95%       -0.35%        0.28%         0.20%

Copies of Record --- 106-421
          June Forecast                 $ 16,909,810 $ 17,296,230 $         34,206,040 $ 17,511,030 $ 17,728,410 $ 35,239,440 $ 17,939,960 $ 18,150,380 $            36,090,340
          September Forecast            $ 16,446,830 $ 16,656,110 $         33,102,940 $ 16,862,960 $ 17,072,290 $ 33,935,250 $ 17,276,010 $ 17,478,640 $            34,754,650
                 Level Change           $   (462,980) $  (640,120) $        (1,103,100) $  (648,070) $  (656,120) $ (1,304,190) $ (663,950) $  (671,740) $           (1,335,690)
                 % Change                     -2.74%       -3.70%               -3.22%       -3.70%       -3.70%        -3.70%      -3.70%       -3.70%                  -3.70%
                 FY / Biennia Growth           1.32%        1.27%                2.66%        1.24%        1.24%         2.51%       1.19%        1.17%                   2.41%

Motor Vehicle Filing Fees --- 106-253
          June Forecast                 $    1,942,400 $    2,019,500 $      3,961,900 $    2,011,000 $    2,006,200 $   4,017,200 $    1,982,500 $    1,973,800 $       3,956,300
          September Forecast            $    2,060,900 $    2,160,400 $      4,221,300 $    2,148,900 $    2,141,600 $   4,290,500 $    2,107,000 $    2,091,200 $       4,198,200
                 Level Change           $      118,500 $      140,900 $        259,400 $      137,900 $      135,400 $     273,300 $      124,500 $      117,400 $         241,900
                 % Change                        6.10%          6.98%            6.55%          6.86%          6.75%         6.80%          6.28%          5.95%             6.11%
                 FY / Biennia Growth            -1.02%          4.83%            0.26%         -0.53%         -0.34%         1.64%         -1.62%         -0.75%            -2.15%

Fines & Forfeitures --- 106-405
          June Forecast                 $     328,400 $      354,500 $        682,900 $      355,300 $      357,300 $     712,600 $      351,100 $      353,800 $         704,900
          September Forecast            $     414,200 $      452,000 $        866,200 $      453,100 $      455,500 $     908,600 $      448,600 $      447,500 $         896,100
                 Level Change           $      85,800 $       97,500 $        183,300 $       97,800 $       98,200 $     196,000 $       97,500 $       93,700 $         191,200
                 % Change                      26.13%         27.50%           26.84%         27.53%         27.48%        27.50%         27.77%         26.48%            27.12%
                 FY / Biennia Growth           -0.65%          9.13%            2.65%          0.24%          0.53%         4.89%         -1.51%         -0.25%            -1.38%

Drivers License Schools --- 106-222
          June Forecast                 $     109,800 $      111,400 $        221,200 $      113,100 $      114,800 $     227,900 $      116,500 $      118,200 $         234,700
          September Forecast            $     112,400 $      114,100 $        226,500 $      115,800 $      117,500 $     233,300 $      119,300 $      121,100 $         240,400
                 Level Change           $       2,600 $        2,700 $          5,300 $        2,700 $        2,700 $       5,400 $        2,800 $        2,900 $           5,700
                 % Change                       2.37%          2.42%            2.40%          2.39%          2.35%         2.37%          2.40%          2.45%             2.43%
                 FY / Biennia Growth            1.54%          1.51%            3.05%          1.49%          1.47%         3.00%          1.53%          1.51%             3.04%




     DOL Economic Analysis                                                                                                                                   9/17/2008

                                                                                      99
 September 2008 Forecast
                                            FY 2020        FY 2021    2019-2021          FY 2022        FY 2023    2021-2023          FY 2024        FY 2025     2023-2025
Highway Safety Fund Total
           June Forecast                $ 88,919,210 $ 90,008,040 $ 178,927,250 $ 90,828,190 $ 90,954,060 $ 181,782,250 $ 91,808,860 $ 93,983,900 $ 185,792,760
           September Forecast           $ 88,135,310 $ 89,194,850 $ 177,330,160 $ 89,985,990 $ 90,152,070 $ 180,138,060 $ 90,671,030 $ 93,079,740 $ 183,750,770
                  Level Change          $   (783,900) $  (813,190) $ (1,597,090) $  (842,200) $  (801,990) $ (1,644,190) $ (1,137,830) $ (904,160) $ (2,041,990)
                  % Change                    -0.88%       -0.90%        -0.89%       -0.93%       -0.88%        -0.90%        -1.24%      -0.96%        -1.10%
                  FY / Biennia Growth          3.12%        1.20%         3.96%        0.89%        0.18%         1.58%         0.58%       2.66%         2.01%

Drivers License Fees --- 106-254
           June Forecast                $ 68,031,100 $ 68,911,600 $ 136,942,700 $ 69,518,900 $ 69,444,400 $ 138,963,300 $ 70,082,700 $ 71,980,900 $ 142,063,600
           September Forecast           $ 67,687,500 $ 68,548,500 $ 136,236,000 $ 69,135,600 $ 69,118,000 $ 138,253,600 $ 69,436,600 $ 71,557,500 $ 140,994,100
                  Level Change          $   (343,600) $  (363,100) $   (706,700) $  (383,300) $  (326,400) $   (709,700) $  (646,100) $  (423,400) $ (1,069,500)
                  % Change                    -0.51%       -0.53%        -0.52%       -0.55%       -0.47%        -0.51%       -0.92%       -0.59%        -0.75%
                  FY / Biennia Growth          3.60%        1.27%         4.41%        0.86%       -0.03%         1.48%        0.46%        3.05%         1.98%

Copies of Record --- 106-421
           June Forecast                $ 18,362,810 $ 18,573,040 $       36,935,850 $ 18,784,190 $ 19,002,860 $       37,787,050 $ 19,220,060 $ 19,434,500 $       38,654,560
           September Forecast           $ 17,683,210 $ 17,885,650 $       35,568,860 $ 18,088,990 $ 18,299,570 $       36,388,560 $ 18,508,730 $ 18,715,240 $       37,223,970
                  Level Change          $   (679,600) $  (687,390) $      (1,366,990) $  (695,200) $  (703,290) $      (1,398,490) $  (711,330) $  (719,260) $      (1,430,590)
                  % Change                    -3.70%       -3.70%             -3.70%       -3.70%       -3.70%             -3.70%       -3.70%       -3.70%             -3.70%
                  FY / Biennia Growth          1.17%        1.14%              2.34%        1.14%        1.16%              2.30%        1.14%        1.12%              2.30%

Motor Vehicle Filing Fees --- 106-253
           June Forecast                $    2,029,600 $    2,024,100 $    4,053,700 $    2,021,400 $    2,005,000 $    4,026,400 $    1,999,100 $    2,041,000 $      4,040,100
           September Forecast           $    2,162,800 $    2,154,800 $    4,317,600 $    2,150,100 $    2,125,500 $    4,275,600 $    2,114,200 $    2,166,900 $      4,281,100
                  Level Change          $      133,200 $      130,700 $      263,900 $      128,700 $      120,500 $      249,200 $      115,100 $      125,900 $        241,000
                  % Change                       6.56%          6.46%          6.51%          6.37%          6.01%          6.19%          5.76%          6.17%            5.97%
                  FY / Biennia Growth            3.42%         -0.37%          2.84%         -0.22%         -1.14%         -0.97%         -0.53%          2.49%            0.13%

Fines & Forfeitures --- 106-405
           June Forecast                $     375,700 $      377,500 $      753,200 $      380,100 $      376,300 $      756,400 $      379,600 $      398,200 $        777,800
           September Forecast           $     478,900 $      481,200 $      960,100 $      484,700 $      480,500 $      965,200 $      481,100 $      507,700 $        988,800
                  Level Change          $     103,200 $      103,700 $      206,900 $      104,600 $      104,200 $      208,800 $      101,500 $      109,500 $        211,000
                  % Change                     27.47%         27.47%         27.47%         27.52%         27.69%         27.60%         26.74%         27.50%           27.13%
                  FY / Biennia Growth           7.02%          0.48%          7.14%          0.73%         -0.87%          0.53%          0.12%          5.53%            2.45%

Drivers License Schools --- 106-222
           June Forecast                $     120,000 $      121,800 $      241,800 $      123,600 $      125,500 $      249,100 $      127,400 $      129,300 $        256,700
           September Forecast           $     122,900 $      124,700 $      247,600 $      126,600 $      128,500 $      255,100 $      130,400 $      132,400 $        262,800
                  Level Change          $       2,900 $        2,900 $        5,800 $        3,000 $        3,000 $        6,000 $        3,000 $        3,100 $          6,100
                  % Change                      2.42%          2.38%          2.40%          2.43%          2.39%          2.41%          2.35%          2.40%            2.38%
                  FY / Biennia Growth           1.49%          1.46%          3.00%          1.52%          1.50%          3.03%          1.48%          1.53%            3.02%




      DOL Economic Analysis                                                                                                                                9/17/2008

                                                                                  100
Motorcycle Safety Education Account
 Fund 082
 September 2008 Forecast

                                                   FY 2008       FY 2009        FY 2010       FY 2011       FY 2012      FY 2013        FY 2014       FY 2015
                                   June Forecast   $ 1,939,200   $ 1,695,400    $ 1,762,500   $ 1,822,100   $ 1,899,700 $ 1,955,100     $ 1,779,000   $ 1,858,600
                              September Forecast   $ 2,105,500   $ 1,890,400    $ 1,859,000   $ 1,888,000   $ 1,855,700 $ 1,986,700     $ 1,999,000   $ 2,078,600
                                    Level Change   $ 166,300     $   195,000    $    96,500   $    65,900   $ (44,000) $     31,600     $ 220,000     $ 220,000
                                       % Change         8.58%         11.50%         5.48%         3.62%        -2.32%        1.62%         12.37%        11.84%
                                      FY Growth        21.12%         -10.22%        -1.66%         1.56%       -1.71%         7.06%         0.62%          3.98%




                Biennia                                          2007-2009                    2009-2011                  2011-2013                    2013-2015
                                   June Forecast                 $ 3,634,600                  $ 3,584,600                $ 3,854,800                  $ 3,637,600
                              September Forecast                 $ 3,995,900                  $ 3,747,000                $ 3,842,400                  $ 4,077,600
                                    Level Change                 $   361,300                  $ 162,400                  $   (12,400)                 $ 440,000
                                       % Change                        9.94%                        4.53%                     -0.32%                       12.10%
                                  Biennia Growth                      17.22%                      -6.23%                      2.55%                        6.12%




      DOL Economic Analysis                                                                                                                                         9/17/2008

                                                                                     101
Motorcycle Safety Education Account
 Fund 082
 September 2008 Forecast

                                                   FY 2016   FY 2017       FY 2018    FY 2019       FY 2020   FY 2021       FY 2022   FY 2023       FY 2024       FY 2025
                                   June Forecast $ 1,907,300 $ 1,970,300 $ 2,008,100 $ 1,881,700 $ 1,966,800 $ 2,006,600 $ 2,058,400 $ 2,084,800 $ 1,995,700 $ 2,080,600
                              September Forecast $ 2,105,400 $ 2,087,100 $ 2,181,300 $ 2,192,700 $ 2,288,700 $ 2,313,600 $ 2,305,400 $ 2,374,400 $ 2,385,800 $ 2,488,200
                                    Level Change $ 198,100 $ 116,800 $ 173,200 $ 311,000 $ 321,900 $ 307,000 $ 247,000 $                 289,600 $ 390,100 $     407,600
                                       % Change       10.39%       5.93%       8.63%      16.53%      16.37%      15.30%      12.00%      13.89%      19.55%      19.59%
                                      FY Growth        1.29%      -0.87%       4.51%       0.52%       4.38%       1.09%       -0.35%      2.99%       0.48%       4.29%




                Biennia                                      2015-2017                2017-2019               2019-2021               2021-2023                   2023-2025
                                   June Forecast             $ 3,877,600              $ 3,889,800             $ 3,973,400             $ 4,143,200                  $ 4,076,300
                              September Forecast             $ 4,192,500              $ 4,374,000             $ 4,602,300             $ 4,679,800                  $ 4,874,000
                                    Level Change             $ 314,900                $ 484,200               $ 628,900               $   536,600                  $   797,700
                                       % Change                    8.12%                   12.45%                  15.83%                  12.95%                       19.57%
                                  Biennia Growth                  2.82%                    4.33%                   5.22%                   1.68%                          4.15%




      DOL Economic Analysis                                                                                                                                   9/17/2008

                                                                                     102
Aviation Fuel
Fund 039
   Including Transfers

September 2008 Forecast
                                     FY 2008        FY 2009         FY 2010        FY 2011         FY 2012        FY 2013        FY 2014         FY 2015         FY 2016           FY 2017
                June Forecast    $ 2,824,900    $ 2,828,900     $ 2,910,900    $ 2,999,400     $ 3,048,700    $ 3,113,400    $ 3,180,000     $ 3,239,500     $ 3,284,200       $ 3,322,200
          September Forecast     $ 2,971,665    $ 2,883,600     $ 2,918,500    $ 3,000,400     $ 3,051,300    $ 3,114,500    $ 3,183,700     $ 3,248,100     $ 3,287,100       $ 3,325,500
                  Level Change   $    146,800   $      54,700   $      7,600   $       1,000   $      2,600   $      1,100   $       3,700   $       8,600   $       2,900     $       3,300
                     % Change           5.20%           1.93%          0.26%           0.03%          0.09%          0.04%           0.12%           0.27%           0.09%             0.10%



          Biennia                               2007-2009                      2009-2011                      2011-2013                      2013-2015                        2015-2017


               June Forecast                    $5,653,800                     $5,910,300                     $6,162,100                     $6,419,500                         $6,606,400
         September Forecast                     $5,855,265                     $5,918,900                     $6,165,800                     $6,431,800                         $6,612,600
                  Level Change                      $201,465                       $8,600                         $3,700                         $12,300                           $6,200
                     % Change                        3.56%                         0.15%                          0.06%                           0.19%                            0.09%




    DOL Economic Analysis                                                                                                                                                  9/17/2008

                                                                                      103
Aviation Fuel
Fund 039
   Including Transfers

September 2008 Forecast
                                   FY 2018        FY 2019        FY 2020        FY 2021        FY 2022        FY 2023         FY 2024        FY 2025
                June Forecast $ 3,357,800     $ 3,394,700    $ 3,429,700    $ 3,463,600    $ 3,499,300    $ 3,533,900     $ 3,568,500    $ 3,603,800
          September Forecast $ 3,360,500      $ 3,396,800    $ 3,432,700    $ 3,467,600    $ 3,504,600    $ 3,541,500     $ 3,575,900    $ 3,609,000
                  Level Change $      2,700   $      2,100   $      3,000   $      4,000   $      5,300   $       7,600   $      7,400   $       5,200
                     % Change         0.08%          0.06%          0.09%          0.12%          0.15%           0.22%          0.21%           0.14%



          Biennia                             2017-2019                     2019-2021                     2021-2023                      2023-2025


               June Forecast                  $6,752,500                    $6,893,300                    $7,033,200                     $7,172,300
         September Forecast                   $6,757,300                    $6,900,300                    $7,046,100                     $7,184,900
                  Level Change                    $4,800                        $7,000                        $12,900                        $12,600
                     % Change                     0.07%                         0.10%                          0.18%                          0.18%




    DOL Economic Analysis                                                                                                                                9/17/2008

                                                                                         104
State Patrol Highway Account
 Fund 081
 September 2008 Forecast
                                             FY 2008         FY 2009         FY 2010         FY 2011         FY 2012         FY 2013         FY 2014         FY 2015         FY 2016         FY 2017
                             June Forecast   $ 15,795,929    $ 20,187,600    $ 20,524,590    $ 21,019,010    $ 21,530,180    $ 21,905,900    $ 22,228,110    $ 22,652,670    $ 22,874,020    $ 23,085,240
                      September Forecast     $ 16,014,126    $ 20,162,930    $ 20,461,880    $ 20,793,230    $ 21,327,270    $ 21,537,640    $ 21,688,960    $ 21,935,870    $ 22,149,070    $ 22,352,130
                              Level Change   $    218,197 $       (24,670) $      (62,710) $     (225,780) $     (202,910) $     (368,260) $     (539,150) $     (716,800) $     (724,950) $       (733,110)
                                % Change            1.38%          -0.12%          -0.31%          -1.07%          -0.94%          -1.68%          -2.43%          -3.16%          -3.17%            -3.18%



   Dealer Temporary Permits
    Fund 081 Source 253
                                             FY 2008         FY 2009         FY 2010         FY 2011         FY 2012         FY 2013         FY 2014         FY 2015         FY 2016         FY 2017
                         June Forecast       $   2,372,300   $   5,608,000   $   5,702,700   $   5,809,100   $   5,934,900   $   5,926,900   $   5,864,700   $   5,904,300   $   5,912,300   $    5,907,600
                    September Forecast       $   2,527,255   $   5,608,000   $   5,664,800   $   5,764,200   $   5,883,400   $   5,875,500   $   5,813,800   $   5,853,000   $   5,860,900   $    5,856,200
                              Level Change   $    154,955 $           -   $       (37,900) $      (44,900) $      (51,500) $      (51,400) $      (50,900) $      (51,300) $      (51,400) $        (51,400)
                                % Change            6.53%           0.00%          -0.66%          -0.77%          -0.87%          -0.87%          -0.87%          -0.87%          -0.87%            -0.87%

                     Biennia                                 2007-2009                       2009-2011                       2011-2013                       2013-2015                       2015-2017
                         June Forecast                       $   7,980,300                   $ 11,511,800                    $ 11,861,800                    $ 11,769,000                    $ 11,819,900
                    September Forecast                       $   8,135,255                   $ 11,429,000                    $ 11,758,900                    $ 11,666,800                    $ 11,717,100
                          Level Change                       $    154,955                    $    (82,800)                   $   (102,900)                   $   (102,200)                   $     (102,800)
                                % Change                            1.94%                          -0.72%                          -0.87%                          -0.87%                            -0.87%



   Copies of Record (ADR)
    Fund 081 Source 421
                                             FY 2008         FY 2009         FY 2010         FY 2011         FY 2012         FY 2013         FY 2014         FY 2015         FY 2016         FY 2017
                 June Forecast               $ 13,423,629    $ 14,579,600    $ 14,821,890    $ 15,209,910    $ 15,595,280    $ 15,979,000    $ 16,363,410    $ 16,748,370    $ 16,961,720    $ 17,177,640
                 September Forecast          $ 13,486,871    $ 14,554,930    $ 14,797,080    $ 15,029,030    $ 15,443,870    $ 15,662,140    $ 15,875,160    $ 16,082,870    $ 16,288,170    $ 16,495,930
                              Level Change   $     63,242 $       (24,670) $      (24,810) $     (180,880) $     (151,410) $     (316,860) $     (488,250) $     (665,500) $     (673,550) $       (681,710)
                                % Change            0.47%          -0.17%          -0.17%          -1.19%          -0.97%          -1.98%          -2.98%          -3.97%          -3.97%            -3.97%

                     Biennia                                 2007-2009                       2009-2011                       2011-2013                       2013-2015                       2015-2017
                 June Forecast                               $ 28,003,229                    $ 30,031,800                    $ 31,574,280                    $ 33,111,780                    $ 34,139,360
                 September Forecast                          $ 28,041,801                    $ 29,826,110                    $ 31,106,010                    $ 31,958,030                    $ 32,784,100
                          Level Change                       $     38,572                    $   (205,690)                   $   (468,270)                   $ (1,153,750)                   $ (1,355,260)
                                % Change                            0.14%                          -0.68%                          -1.48%                          -3.48%                          -3.97%




     DOL Economic Analysis                                                                                                                                                                       9/17/2008


                                                                                                 105
State Patrol Highway Account
 Fund 081
 September 2008 Forecast
                                             FY 2018         FY 2019         FY 2020         FY 2021         FY 2022         FY 2023         FY 2024         FY 2025
                             June Forecast   $ 23,309,770    $ 23,524,670    $ 23,740,870    $ 23,958,180    $ 24,174,410    $ 24,398,410    $ 24,621,450    $ 24,841,350
                      September Forecast     $ 22,568,520    $ 22,775,430    $ 22,983,570    $ 23,192,890    $ 23,401,200    $ 23,616,900    $ 23,624,100    $ 23,630,900
                              Level Change   $   (741,250) $     (749,240) $     (757,300) $     (765,290) $     (773,210) $     (781,510) $     (997,350) $ (1,210,450)
                                % Change           -3.18%          -3.18%          -3.19%          -3.19%          -3.20%          -3.20%          -4.05%        -4.87%



   Dealer Temporary Permits
    Fund 081 Source 253
                                             FY 2018         FY 2019         FY 2020         FY 2021         FY 2022         FY 2023         FY 2024         FY 2025
                         June Forecast       $   5,922,000   $   5,927,900   $   5,933,100   $   5,941,600   $   5,948,100   $   5,954,900   $   5,962,200   $   5,969,100
                    September Forecast       $   5,870,400   $   5,876,200   $   5,881,300   $   5,889,700   $   5,896,200   $   5,902,900   $   5,910,100   $   5,916,900
                              Level Change   $    (51,600) $      (51,700) $      (51,800) $      (51,900) $      (51,900) $      (52,000) $      (52,100) $      (52,200)
                                % Change           -0.87%          -0.87%          -0.87%          -0.87%          -0.87%          -0.87%          -0.87%          -0.87%

                     Biennia                                 2017-2019                       2019-2021                       2021-2023                       2023-2025
                         June Forecast                       $ 11,849,900                    $ 11,874,700                    $ 11,903,000                    $ 11,931,300
                    September Forecast                       $ 11,746,600                    $ 11,771,000                    $ 11,799,100                    $ 11,827,000
                          Level Change                       $   (103,300)                   $   (103,700)                   $   (103,900)                   $   (104,300)
                                % Change                           -0.87%                          -0.87%                          -0.87%                          -0.87%



   Copies of Record (ADR)
    Fund 081 Source 421
                                             FY 2018         FY 2019         FY 2020         FY 2021         FY 2022         FY 2023         FY 2024         FY 2025
                 June Forecast               $ 17,387,770    $ 17,596,770    $ 17,807,770    $ 18,016,580    $ 18,226,310    $ 18,443,510    $ 18,659,250    $ 18,872,250
                 September Forecast          $ 16,698,120    $ 16,899,230    $ 17,102,270    $ 17,303,190    $ 17,505,000    $ 17,714,000    $ 17,714,000    $ 17,714,000
                              Level Change   $   (689,650) $     (697,540) $     (705,500) $     (713,390) $     (721,310) $     (729,510) $     (945,250) $ (1,158,250)
                                % Change           -3.97%          -3.96%          -3.96%          -3.96%          -3.96%          -3.96%          -5.07%        -6.14%

                     Biennia                                 2017-2019                       2019-2021                       2021-2023                       2023-2025
                 June Forecast                               $ 34,984,540                    $ 35,824,350                    $ 36,669,820                    $ 37,531,500
                 September Forecast                          $ 33,597,350                    $ 34,405,460                    $ 35,219,000                    $ 35,428,000
                          Level Change                       $ (1,387,190)                   $ (1,418,890)                   $ (1,450,820)                   $ (2,103,500)
                                % Change                           -3.97%                          -3.96%                          -3.96%                          -5.60%




     DOL Economic Analysis                                                                                                                                                   9/17/2008


                                                                                                 106
Department of Transportation Aeronautics
          Revenue Forecasts
            September 2008




                  107
                                                                                           September 2008
                                                                        Washington State Aircraft Registrations, Aircraft Excise
                                                                              Tax, and Aircraft Dealer Registration Fees
                                                                                         Revenue Forecasts


Fiscal Year Forecast--September 2008                  2008           2009          2010          2011         2012          2013         2014           2015        2016
Aircraft Registrations                                $88,200        $88,924       $89,620       $90,288      $90,933       $91,560      $92,169        $92,757     $93,338
Aircraft Excise Tax
  Revenue                                              286,828       289,184       291,445       293,617      295,716       297,754      299,734        301,649     303,536
  10% Aeronautics Account                               28,683        28,918        29,145        29,362       29,572        29,775       29,973         30,165      30,354
Aircraft Dealers License Fees                            4,035         4,035         4,035         4,035        4,035         4,035        4,035          4,035       4,035

Fiscal Year Forecast--September 2008                  2017           2018          2019          2020         2021          2022         2023           2024        2025
Aircraft Registrations                                $93,912        $94,481       $95,043       $95,597      $96,141       $96,676      $97,202        $97,717     $98,222
Aircraft Excise Tax
  Revenue                                              305,405       307,254       309,081       310,882      312,653       314,394     $316,102       $317,778    $319,420
  10% Aeronautics Account                               30,541        30,725        30,908        31,088       31,265        31,439       31,610         31,778      31,942
Aircraft Dealers License Fees                            4,035         4,035         4,035         4,035        4,035         4,035       $4,035         $4,035      $4,035

Biennial Summary--September 2008
Biennium                                           2007 - 2009    2009 - 2011 2011 - 2013 2013 - 2015 2015 - 2017 2017 - 2019 2019 - 2021            2021 - 2023 2023 - 2025
Aircraft Registrations                              $177,124       $179,907    $182,493    $184,926    $187,250    $189,524    $191,738               $193,878    $195,939
Aircraft Excise Tax
  Revenue                                              576,012       585,063       593,470       601,383      608,941       616,335      623,535        630,495     637,198
  10% Aeronautics Account                               57,601        58,506        59,347        60,138       60,894        61,633       62,354         63,050      63,720
Aircraft Dealers License Fees                            8,070         8,070         8,070         8,070        8,070         8,070        8,070          8,070      $8,070

Biennial Comparison
Biennium                                           2007 - 2009    2007 - 2009                        2009 - 2011 2009 - 2011                        2011 - 2013                2011 - 2013
Forecast                                             Sep 2008       Jun 2008 Difference % Difference   Sep 2008    Jun 2008 Difference % Difference   Sep 2008                   Jun 2008 Difference   % Difference
Aircraft Registrations                              $177,124       $174,757      $2,368         1.4% $179,907     $177,503      $2,405         1.4% $182,493                    $180,053      $2,439           1.4%
Aircraft Excise Tax
  Revenue                                              576,012       570,748         5,264           0.9%     585,063       579,716         5,347           0.9%    593,470      588,046       5,424          0.9%
  10% Aeronautics Account                               57,601        57,075           526           0.9%      58,506        57,972           535           0.9%     59,347       58,805         542          0.9%
Aircraft Dealers License Fees                            8,070         8,070             0           0.0%       8,070         8,070             0           0.0%      8,070        8,070           0          0.0%

Biennium                                           2013 - 2015    2013 - 2015                        2015 - 2017 2015 - 2017                        2017 - 2019                2017 - 2019
Forecast                                             Sep 2008       Jun 2008 Difference % Difference   Sep 2008    Jun 2008 Difference % Difference   Sep 2008                   Jun 2008 Difference   % Difference
Aircraft Registrations                              $184,926       $182,454      $2,472         1.4% $187,250     $184,747      $2,503         1.4% $189,524                    $186,990      $2,533           1.4%
Aircraft Excise Tax
  Revenue                                              601,383       595,887         5,496           0.9%     608,941       603,376         5,565           0.9%    616,335      610,702       5,633          0.9%
  10% Aeronautics Account                               60,138        59,589           550           0.9%      60,894        60,338           557           0.9%     61,633       61,070         563          0.9%
Aircraft Dealers License Fees                            8,070         8,070             0           0.0%       8,070         8,070             0           0.0%      8,070        8,070           0          0.0%

Biennium                                           2019 - 2021    2019 - 2021                        2021 - 2023 2021 - 2023                        2023 - 2025                2023 - 2025
Forecast                                             Sep 2008       Jun 2008 Difference % Difference   Sep 2008    Jun 2008 Difference % Difference   Sep 2008                   Jun 2008 Difference   % Difference
Aircraft Registrations                              $191,738       $189,175      $2,563         1.4% $193,878     $191,287      $2,591         1.4% $195,939                    $193,320      $2,619           1.4%
Aircraft Excise Tax
  Revenue                                              623,535       617,837         5,698           0.9%     630,495       624,733         5,762           0.9%    637,198     $631,375       5,823          0.9%
  10% Aeronautics Account                               62,354        61,784           570           0.9%      63,050        62,473           576           0.9%     63,720      $63,137         582          0.9%
Aircraft Dealers License Fees                            8,070         8,070             0           0.0%       8,070         8,070             0           0.0%      8,070       $8,070           0          0.0%


Forecast Assumptions:
 Fiscal year growth in both aircraft registrations and aircraft excise taxes are assumed to be 50 percent of the growth in WA total population from 2009-2025.




                                                                                                            108
Motor Vehicle Fund Miscellaneous
       Revenue Forecast
         September 2008




              109
                                                                              Motor Vehicle Account Miscellaneous Revenue Forecast
                                                                                                    Sept 2008
                                                                                                 Dollars in Thousands


                         Revenue Source                        2007-2009 2009-2011 2011-2013 2013-2015 2015-2017 2017-2019 2019-2021 2021-2023 2023-2025
                         416   Sale of Property*                  9,280       6,990      8,580     6,890        7,170        7,460     7,760      8,070       8,390
                         420   WSP Services                       1,330       1,380      1,420     1,460        1,500        1,540     1,570      1,610       1,650
                         421   WSP Publications & Documents         480         500        510       520          540          550       560        580         590
                         420   DOT Services                         170         170        180       180          190          190       190        200         200
                         421   DOT Publications & Documents         550         570        590       600          620          630       650        660         680
                         425   Filing Fees & Legal Services         350         370        380       390          400          410       420        430         440
                         427   Property Management                1,650       1,730      1,800     1,880        1,950        2,030     2,110      2,200       2,290
                         499   Other Revenues                     1,600       1,660      1,720     1,780        1,840        1,910     1,980      2,050       2,130
                               TOTAL                             15,410      13,370     15,180    13,700       14,210       14,720    15,240     15,800      16,370


                                                                             Comparison of Miscellaneous Revenue Forecasts
                                                                                        Sept 2008 vs. June 2008
                                                                                            Dollars in Thousands

                                                                 2007-2009                       2009-2011                           2011-2013                        2013-2015
                   Revenue Source
                                                      Sep-08     Jun-08        Diff     Sep-08     Jun-08          Diff     Sep-08     Jun-08       Diff     Sep-08     Jun-08    Diff
                 416   Sale of Property*               9,280      9,360          (80)    6,990      7,420           (430)    8,580      7,810        770      6,890      7,020     (130)
                 420   WSP Services                    1,330      1,330             0    1,380      1,400            (20)    1,420      1,450         (30)    1,460      1,500      (40)
                 421   WSP Publications                  480        470           10       500        500               0      510        510            0      520        530      (10)
                 420   DOT Services                      170        180          (10)      170        190            (20)      180        200         (20)      180        200      (20)
                 421   Publications & Documents          550        550             0      570        580            (10)      590        600         (10)      600        620      (20)
                 425   Filing Fees & Legal Services      350        360          (10)      370        380            (10)      380        390         (10)      390        410      (20)
                 427   Property Management             1,650      1,550         100      1,730      1,630            100     1,800      1,690        110      1,880      1,750      130
                 499   Other Revenues                  1,600      1,520           80     1,660      1,600             60     1,720      1,660          60     1,780      1,720       60
                       TOTAL                          15,410     15,320           90    13,370     13,700           (330)   15,180     14,310        870     13,700     13,750      (50)

                                                               2015-2017                         2017-2019                           2019-2021                        2021-2023
                   Revenue Source
                                                      Sep-08     Jun-08        Diff     Sep-08     Jun-08          Diff     Sep-08     Jun-08       Diff     Sep-08     Jun-08    Diff
                 416   Sale of Property*               7,170      7,280        (110)     7,460      7,560           (100)    7,760      7,860        (100)    8,070      8,150      (80)
                 420   WSP Services                    1,500      1,560          (60)    1,540      1,620            (80)    1,570      1,690        (120)    1,610      1,760     (150)
                 421   WSP Publications                  540        550          (10)      550        570            (20)      560        600         (40)      580        620      (40)
                 420   DOT Services                      190        210          (20)      190        220            (30)      190        230         (40)      200        240      (40)
                 421   Publications & Documents          620        650          (30)      630        670            (40)      650        700         (50)      660        730      (70)
                 425   Filing Fees & Legal Services      400        420          (20)      410        440            (30)      420        460         (40)      430        480      (50)
                 427   Property Management             1,950      1,820         130      2,030      1,890            140     2,110      1,970         140     2,200      2,050      150
                 499   Other Revenues                  1,840      1,780           60     1,910      1,860             50     1,980      1,930          50     2,050      2,010       40
                       TOTAL                          14,210     14,270          (60)   14,720     14,830           (110)   15,240     15,440        (200)   15,800     16,040     (240)

                                                               2023-2025
                   Revenue Source
                                                      Sep-08     Jun-08        Diff
                 416   Sale of Property*               8,390      8,450          (60)
                 420   WSP Services                    1,650      1,830        (180)
                 421   WSP Publications                  590        650          (60)
                 420   DOT Services                      200        250          (50)
                 421   Publications & Documents          680        760          (80)
                 425   Filing Fees & Legal Services      440        490          (50)
                 427   Property Management             2,290      2,130         160
                 499   Other Revenues                  2,130      2,090           40
                       TOTAL                          16,370     16,650        (280)




                                                                                                 110
* Revenues from the sale of property include cash payments, down payments, and principal and interest payments on purchase contracts (source 401)
                                                                                      Miscellaneous Revenue Forecast
                                                                                                 Sept 2008
                                                                                               by Fiscal Year
                                                                                            Dollars in Thousands
                                                               2007-2009                          2009-2011                         2011-2012                        2013-2015
                       Revenue Source                   FY08       FY09      Total         FY10       FY11         Total     FY12       FY13        Total     FY14       FY15    Total
                 416   Sale of Property*               5,438       3,841      9,280       3,495       3,495         6,990   4,290       4,290        8,580   3,445       3,445    6,890
                 420   WSP Services                      673         660      1,330         690         690         1,380     710         710        1,420     730         730    1,460
                 421   WSP Publications                  248         230        480         250         250           500     255         255          510     260         260      520
                 420   DOT Services                       80          85        170          85          85           170      90          90          180      90          90      180
                 421   Publications & Documents          295         254        550         285         285           570     295         295          590     300         300      600
                 425   Filing Fees & Legal Services      192         161        350         185         185           370     190         190          380     195         195      390
                 427   Property Management               903         750      1,650         865         865         1,730     900         900        1,800     940         940    1,880
                 499   Other Revenues                    914         685      1,600         830         830         1,660     860         860        1,720     890         890    1,780
                       TOTAL                           8,742      6,665      15,410       6,685      6,685         13,370   7,590      7,590        15,180   6,850      6,850    13,700


                                                               2015-2017                          2017-2019                         2019-2021                        2021-2023
                       Revenue Source                   FY16       FY17      Total         FY18       FY19         Total     FY20       FY21        Total     FY22       FY23    Total
                 416   Sale of Property*               3,585       3,585      7,170       3,730       3,730         7,460   3,880       3,880        7,760   4,035       4,035    8,070
                 420   WSP Services                      750         750      1,500         770         770         1,540     785         785        1,570     805         805    1,610
                 421   WSP Publications                  270         270        540         275         275           550     280         280          560     290         290      580
                 420   DOT Services                       95          95        190          95          95           190      95          95          190     100         100      200
                 421   Publications & Documents          310         310        620         315         315           630     325         325          650     330         330      660
                 425   Filing Fees & Legal Services      200         200        400         205         205           410     210         210          420     215         215      430
                 427   Property Management               975         975      1,950       1,015       1,015         2,030   1,055       1,055        2,110   1,100       1,100    2,200
                 499   Other Revenues                    920         920      1,840         955         955         1,910     990         990        1,980   1,025       1,025    2,050
                       TOTAL                           7,105      7,105      14,210       7,360      7,360         14,720   7,620      7,620        15,240   7,900      7,900    15,800


                                                               2023-2025
                       Revenue Source                   FY24       FY25      Total
                 416   Sale of Property*               4,195       4,195      8,390
                 420   WSP Services                      825         825      1,650
                 421   WSP Publications                  295         295        590
                 420   DOT Services                      100         100        200
                 421   Publications & Documents          340         340        680
                 425   Filing Fees & Legal Services      220         220        440
                 427   Property Management             1,145       1,145      2,290
                 499   Other Revenues                  1,065       1,065      2,130
                       TOTAL                           8,185      8,185      16,370




                                                                                                  111
* Revenues from the sale of property include cash payments, down payments, and principal and interest payments on purchase contracts (source 401)
Washington State Ferries Ridership and
         Revenue Forecast
          September 2008




                 112
REVENUE AND RIDERSHIP PROJECTIONS
     SEPTEMBER 2008 FORECAST
      FISCAL YEARS 2009-2025



                Prepared for
       Washington State Ferries
           for Presentation to the
        Transportation Revenue
           Forecast Council




                Prepared by
                 PB Consult


         September 17, 2008




                     113
                                                            Washington State Ferries
                      September 2008 Revenue and Ridership Forecasts — Fiscal Years 2009-2025
SEPTEMBER 2008 FORECAST NOTES                                                           Ridership Impacts
The fare revenue and ridership forecasts for Washington State Ferries (WSF) are         The September 2008 ridership demand forecasts reflect the revisions to the
completed in four stages. First, monthly ridership projections by six fare categories   economic variable projections produced by the State and Global Insight. Overall,
are prepared for each route using time series analysis methods, with a forecast         ridership is projected to be lower over the forecast horizon. A downward revision
horizon from the present through fiscal year (FY) 2025.                                 to real personal income and higher real gas prices are the most significant factors.
The second stage of the process generates system-wide ridership projections.                Real personal income is marginally higher for the remainder of FY 2009,
Econometric models combine ferry fare scenarios and state economic variables to             compared with June. However, from FY 2011 to 2025, it is 0.8% lower than
produce system-wide unconstrained ridership forecasts by six fare categories                June. Lower real personal income has a downward influence on ridership.
through FY 2025. Within each fare category, the individual route forecasts are then         The forecast for employment is essentially unchanged from June through FY
calibrated to match the system-wide forecast totals from the econometric models.            2011. Thereafter, it begins to trend slightly higher, reaching about 1.1% higher
The third stage of the process consists of adjusting the calibrated passenger and           by FY 2018. Higher employment has an upward influence on ridership.
vehicle ridership by route to reflect seasonal vehicle capacity constraints, changes        For the remainder of FY 2009, real gasoline prices are predicted to be about
in service hours, and/or the net impacts from adding or eliminating service.                2% lower than projected in June. For the rest of the forecast horizon, real gas
Last, the appropriate fares and average fare realizations are applied to the                prices are expected to be at least 10% higher than in June, and as much as 27%
calibrated, capacity-constrained ridership forecasts for each route by fare category.       higher in FY 2015. Higher real gas prices cause vehicle ridership to decrease.
This yields monthly and annual revenue forecasts by route for six fare categories           Beyond the current fiscal year, the September projection for future inflation is
                                                                                            somewhat higher over the forecast horizon relative to June. This causes the
A total of three scenarios differing in fare assumptions were prepared for the
                                                                                            real fares to be slightly lower, which all else equal, pushes ridership up slightly.
September 2008 Forecast.
                                                                                            In the outer years of the forecast horizon, projected vehicle demand exceeds
    Scenario #1 (“No Fare Increases”) – no changes in current posted fares                  available vessel capacity on several routes, especially in summer. This causes
    through 2025, resulting in declining real fares over time due to inflation.             the decrease in the projected vehicle fare ridership “served” to be less than the
    Scenario #2 (“Baseline Fare Increases”) – 2.5% fare increases each October,             reduced forecast of unconstrained vehicle demand, relative to June.
    2009 – 2024, rounded up to the nearest nickel.
                                                                                        Revenue Impacts
    Scenario #3 (“Inflationary Fare Increases”) – inflationary fare increases
    each October, 2009 – 2024 (averaging 1.9%), rounded up to the nearest nickel.           Including actual collections through July 2008, revenue under all three
                                                                                            scenarios for FY 2009 is expected to total $150.9 M, or $3.2 M (2.2%) higher
The September 2008 Forecast results for FY 2008 include actual ridership through            than projected in June, with essentially no change in ridership. $2.9 million of
August 2008 and actual revenue through July 2008. They also reflect the                     this increase is due to a one time adjustment to the monthly pass account in
continuing operation of the Seattle-Vashon passenger-only route by WSF for King             July, which corrects for an overstated transit provider liability from FY 2008.
County through FY 2009. The following forecast adjustments have been made.                  Overall fare revenue for the 2007/09 biennium is projected to be $299.3 M
                                                                                            under all three scenarios, or $4.3 M (1.5%) higher than in June.
    The September Forecast includes the impacts of an 8 week construction closure
    of the Hood Canal Bridge in 2009, and reflects the continuing operation of the          Fare revenue for the 2009/11 biennium under Scenario #2 is projected to be
    Seattle-Vashon passenger-only route by WSF on behalf of King County                     $316.8 M, or $2.9 M (0.9%) lower than in June.
    through FY 2009.                                                                        Further out in the forecast horizon, the revenue projections revert back to, or
    The seasonal vessel capacities were adjusted to account for reduced Port                even slightly exceed, the June levels due to a diminishing gas price differential
    Townsend-Keystone service in the current and 2009/11 biennia.                           and a higher employment forecast.

PB Consult                                                                        Page 1                                                                        9/17/2008 WSF
                                                                                   114
                                                                            Washington State Ferries
                                                       REVENUE PROJECTIONS ~ SCENARIO #1
                           No Changes in Current Posted Fares through 2025 ("No Fare Increases")¹
                                                             September 2008 Forecast – Fiscal Years 2009-2025
                     September 2008                Fiscal Year                                        September vs. June Forecast                                    June 2008 Scenario #1
   Fiscal               Capacity-                    Annual                September                                                                              Capacity-
                                                                                                  % Change by                $ Change and
   Year               Constrained                    Growth                Biennium                                                                              Constrained      Biennium
                                                                                                   Fiscal Year           % Change by Biennium
                    Revenue Forecast                  Rate                   Total                                                                             Revenue Forecast     Total
   2006²              $139,661,000                    5.2%
   2007²              $146,718,000                    5.1%              $286,379,000
   2008²              $148,380,000                    1.1%                                             0.7%                                                      $147,287,000
   2009²              $150,935,000                    1.7%              $299,315,000                   2.2%              $4,318,000              1.5%            $147,710,000       $294,997,000
   2010³              $153,193,000                    1.5%                                            (0.2%)                                                     $153,505,000
   2011               $157,152,000                    2.6%              $310,345,000                  (1.7%)             ($2,979,000)            (1.0%)          $159,819,000       $313,324,000
   2012               $161,109,000                    2.5%                                            (2.1%)                                                     $164,538,000
   2013               $165,021,000                    2.4%              $326,130,000                  (2.1%)             ($6,904,000)            (2.1%)          $168,496,000       $333,034,000
   2014               $169,172,000                    2.5%                                            (1.6%)                                                     $171,902,000
   2015               $172,907,000                    2.2%              $342,079,000                  (1.2%)             ($4,841,000)            (1.4%)          $175,018,000       $346,920,000
   2016               $176,153,000                    1.9%                                            (0.8%)                                                     $177,517,000
   2017               $179,188,000                    1.7%              $355,341,000                  (0.3%)             ($1,939,000)            (0.5%)          $179,763,000       $357,280,000
   2018               $182,294,000                    1.7%                                             0.2%                                                      $181,951,000
   2019               $184,824,000                    1.4%              $367,118,000                   0.4%              $1,158,000              0.3%            $184,009,000       $365,960,000
   2020               $186,627,000                    1.0%                                             0.4%                                                      $185,794,000
   2021               $188,188,000                    0.8%              $374,815,000                   0.4%              $1,615,000              0.4%            $187,406,000       $373,200,000
   2022               $189,725,000                    0.8%                                             0.4%                                                      $189,024,000
   2023               $191,261,000                    0.8%              $380,986,000                   0.3%              $1,346,000              0.4%            $190,616,000       $379,640,000
   2024               $192,844,000                    0.8%                                             0.3%                                                      $192,223,000
   2025               $194,432,000                    0.8%              $387,276,000                   0.3%              $1,160,000              0.3%            $193,893,000       $386,116,000
 ¹ Scenario #1 incorporates the May 1, 2007 fare increase of 2.5% plus nickel rounding, with no further changes to the current nominal fares (declining real fares thereafter),
   and reflects the current programmed level of service subject to capacity constraints.
 ² Reflects/includes historical data; FY 2009 also includes the impacts of an eight week spring construction closure of the Hood Canal Bridge.
 ³ Seattle-Vashon passenger-only service discontinued beginning with FY 2010.

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                                                                             Washington State Ferries
                                                       REVENUE PROJECTIONS ~ SCENARIO #2
                             2.5% Fare Increases each October, 2009-24 ("Baseline Fare Increases")¹
                                                             September 2008 Forecast – Fiscal Years 2009-2025
                     September 2008                Fiscal Year                                        September vs. June Forecast                               June 2008 Scenario #2
   Fiscal               Capacity-                    Annual                September                                                                         Capacity-
                                                                                                    % Change by            $ Change and
   Year               Constrained                    Growth                Biennium                                                                         Constrained      Biennium
                                                                                                     Fiscal Year       % Change by Biennium
                    Revenue Forecast                  Rate                   Total                                                                        Revenue Forecast     Total
   2006²              $139,661,000                     5.2%
   2007²              $146,718,000                     5.1%              $286,379,000
   2008²              $148,380,000                     1.1%                                            0.7%                                                $147,287,000
   2009²              $150,935,000                     1.7%              $299,315,000                  2.2%             $4,318,000               1.5%      $147,710,000            $294,997,000
   2010³              $155,020,000                     2.7%                                            (0.2%)                                              $155,306,000
   2011               $161,790,000                     4.4%              $316,810,000                  (1.6%)           ($2,911,000)             (0.9%)    $164,415,000            $319,721,000
   2012               $168,777,000                     4.3%                                            (2.1%)                                              $172,375,000
   2013               $175,939,000                     4.2%              $344,716,000                  (2.2%)           ($7,467,000)             (2.1%)    $179,808,000            $352,183,000
   2014               $183,529,000                     4.3%                                            (2.1%)                                              $187,486,000
   2015               $191,474,000                     4.3%              $375,003,000                  (1.8%)           ($7,393,000)             (1.9%)    $194,910,000            $382,396,000
   2016               $199,765,000                     4.3%                                            (1.2%)                                              $202,166,000
   2017               $207,632,000                     3.9%              $407,397,000                  (0.9%)           ($4,212,000)             (1.0%)    $209,443,000            $411,609,000
   2018               $215,774,000                     3.9%                                            (0.5%)                                              $216,959,000
   2019               $224,391,000                     4.0%              $440,165,000                  (0.1%)           ($1,433,000)             (0.3%)    $224,639,000            $441,598,000
   2020               $232,960,000                     3.8%                                            0.3%                                                $232,308,000
   2021               $241,229,000                     3.5%              $474,189,000                  0.6%             $2,055,000               0.4%      $239,826,000            $472,134,000
   2022               $249,331,000                     3.4%                                            0.7%                                                $247,514,000
   2023               $257,534,000                     3.3%              $506,865,000                  0.8%             $3,859,000               0.8%      $255,492,000            $503,006,000
   2024               $265,778,000                     3.2%                                            0.8%                                                $263,658,000
   2025               $274,116,000                     3.1%              $539,894,000                  0.8%             $4,268,000               0.8%      $271,968,000            $535,626,000
 ¹ Scenario #2 incorporates the May 1, 2007 2.5% fare increase plus subsequent annual 2.5% fare increases with nickel rounding each October, from 2009 through 2023 (increasing real fares
   under the current inflation projection), and includes the current programmed level of service.
 ² Reflects/includes historical data; FY 2009 also includes the impacts of an eight week spring construction closure of the Hood Canal Bridge.
 ³ Seattle-Vashon passenger-only service discontinued beginning with FY 2010.

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                                                                            Washington State Ferries
                                                       REVENUE PROJECTIONS ~ SCENARIO #3
                          Inflationary Fare Increases each October, 2009-24 ("Constant Real Fares")¹
                                                             September 2008 Forecast – Fiscal Years 2009-2025
                     September 2008                Fiscal Year                                        September vs. June Forecast                               June 2008 Scenario #3
   Fiscal               Capacity-                    Annual                September                                                                         Capacity-
                                                                                                  % Change by              $ Change and
   Year               Constrained                    Growth                Biennium                                                                         Constrained      Biennium
                                                                                                   Fiscal Year         % Change by Biennium
                    Revenue Forecast                  Rate                   Total                                                                        Revenue Forecast     Total
   2006²              $139,661,000                    5.2%
   2007²              $146,718,000                    5.1%              $286,379,000
   2008²              $148,380,000                    1.1%                                             0.7%                                                 $147,287,000
   2009²              $150,935,000                    1.7%              $299,315,000                   2.2%             $4,318,000               1.5%       $147,710,000             $294,997,000
   2010³              $154,333,000                    2.3%                                            (0.3%)                                                $154,865,000
   2011               $160,440,000                    4.0%              $314,773,000                  (2.0%)            ($3,833,000)             (1.2%)     $163,741,000             $318,606,000
   2012               $166,965,000                    4.1%                                            (2.7%)                                                $171,585,000
   2013               $173,518,000                    3.9%              $340,483,000                  (3.0%)            ($9,954,000)             (2.8%)     $178,852,000             $350,437,000
   2014               $180,564,000                    4.1%                                            (3.0%)                                                $186,133,000
   2015               $188,032,000                    4.1%              $368,596,000                  (2.5%)           ($10,420,000)             (2.7%)     $192,883,000             $379,016,000
   2016               $195,643,000                    4.0%                                            (2.0%)                                                $199,574,000
   2017               $202,743,000                    3.6%              $398,386,000                  (1.7%)            ($7,384,000)             (1.8%)     $206,196,000             $405,770,000
   2018               $210,121,000                    3.6%                                            (1.3%)                                                $212,835,000
   2019               $217,814,000                    3.7%              $427,935,000                  (0.8%)            ($4,470,000)             (1.0%)     $219,570,000             $432,405,000
   2020               $225,369,000                    3.5%                                            (0.4%)                                                $226,304,000
   2021               $232,540,000                    3.2%              $457,909,000                  (0.2%)            ($1,364,000)             (0.3%)     $232,969,000             $459,273,000
   2022               $239,504,000                    3.0%                                            (0.1%)                                                $239,785,000
   2023               $246,168,000                    2.8%              $485,672,000                  (0.2%)             ($791,000)              (0.2%)     $246,678,000             $486,463,000
   2024               $252,995,000                    2.8%                                            (0.3%)                                                $253,742,000
   2025               $260,084,000                    2.8%              $513,079,000                  (0.1%)            ($1,039,000)             (0.2%)     $260,376,000             $514,118,000
 ¹ Scenario #3 incorporates the May 1, 2007 2.5% fare increase plus subsequent annual inflationary fare increases with nickel rounding each October, from 2009 through 2023 (constant real fares
   based on the Implicit Price Deflator projection), and includes the current programmed level of service.
 ² Reflects/includes historical data; FY 2009 also includes the impacts of an eight week spring construction closure of the Hood Canal Bridge.
 ³ Seattle-Vashon passenger-only service discontinued beginning with FY 2010.

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                                                              Washington State Ferries — Revenue History and Forecast Trends
                                                                      September 2008 Forecast Scenarios – Fiscal Years 2004-2025

                                             $275 M


                                             $250 M


                                             $225 M
Fiscal Year Revenue in Millions of Dollars




                                             $200 M


                                             $175 M


                                             $150 M


                                             $125 M


                                             $100 M


                                             $75 M

                                                                                       Scenario #1 — No Changes in Current Posted Fares through 2025 ("No Fare Increases")
                                             $50 M
                                                                                       Scenario #2 — 2.5% Fare Increases each October, 2009-24 ("Baseline Fare Increases")
                                             $25 M                                     Scenario #3 — Inflationary Fare Increases each Octoboer, 2009-24 ("Inflationary Fare Increases")

                                              $0 M
                                                      2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
                                                                                                             Fiscal Year
                                                                                                                                                                                      9/16/2008
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                                                                              Washington State Ferries
                                                      RIDERSHIP PROJECTIONS ~ SCENARIO #1
                            No Changes in Current Posted Fares through 2025 ("No Fare Increases")¹
                                                               September 2008 Forecast – Fiscal Years 2009-2025
                       September 2008                                September 2008 Capacity Constrained Projections                                                       June 2008 Projections
   Fiscal               Unconstrained                      Passenger        Vehicle/Driver           Total           Annual Rate                                          Total          Sep. % Chg
   Year               Demand Forecast                      Ridership           Ridership           Ridership          of Growth                                         Ridership          vs. Jun.

   2006²                  23,781,000                       12,957,400                  10,823,900                  23,781,000                    (0.3%)
   2007²                  23,985,000                       13,160,900                  10,824,100                  23,985,000                     0.9%
   2008²                  23,282,000                       12,889,400                  10,392,100                  23,282,000                    (2.9%)                23,611,000          (1.4%)
   2009²                  23,859,000                       13,561,100                  10,277,200                  23,838,000                     2.4%                 23,831,000          0.0%
   2010³                  24,416,000                       13,770,200                  10,644,800                  24,415,000                    2.4%                  24,536,000          (0.5%)
   2011                   25,094,000                       14,169,500                  10,922,100                  25,092,000                    2.8%                  25,511,000          (1.6%)
   2012                   25,752,000                       14,557,400                  11,187,000                  25,744,000                    2.6%                  26,296,000          (2.1%)
   2013                   26,433,000                       14,963,900                  11,452,900                  26,417,000                    2.6%                  26,979,000          (2.1%)
   2014                   27,153,000                       15,378,300                  11,744,400                  27,123,000                    2.7%                  27,642,000          (1.9%)
   2015                   27,900,000                       15,802,300                  12,006,300                  27,809,000                    2.5%                  28,286,000          (1.7%)
   2016                   28,682,000                       16,239,700                  12,234,500                  28,474,000                    2.4%                  28,883,000          (1.4%)
   2017                   29,474,000                       16,700,100                  12,438,100                  29,138,000                    2.3%                  29,465,000          (1.1%)
   2018                   30,326,000                       17,185,000                  12,642,900                  29,828,000                    2.4%                  30,058,000          (0.8%)
   2019                   31,228,000                       17,690,300                  12,795,300                  30,486,000                    2.2%                  30,658,000          (0.6%)
   2020                   32,092,000                       18,159,300                  12,883,700                  31,043,000                    1.8%                  31,213,000          (0.5%)
   2021                   32,923,000                       18,647,300                  12,935,000                  31,582,000                    1.7%                  31,752,000          (0.5%)
   2022                   33,748,000                       19,150,000                  12,969,000                  32,119,000                    1.7%                  32,302,000          (0.6%)
   2023                   34,573,000                       19,673,400                  12,995,500                  32,669,000                    1.7%                  32,869,000          (0.6%)
   2024                   35,411,000                       20,222,300                  13,013,900                  33,236,000                    1.7%                  33,457,000          (0.7%)
   2025                   36,290,000                       20,786,700                  13,029,800                  33,816,000                    1.7%                  34,064,000          (0.7%)
 ¹ Scenario #1 incorporates the May 1, 2007 fare increase of 2.5% plus nickel rounding, with no further changes to the current nominal fares (declining real fares thereafter),
   and includes the current programmed level of service.
 ² Reflects/includes historical data; FY 2009 also includes the impacts of an eight week spring construction closure of the Hood Canal Bridge.
 ³ Seattle-Vashon passenger-only service discontinued beginning with FY 2010.


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                                                                              Washington State Ferries
                                                       RIDERSHIP PROJECTIONS ~ SCENARIO #2
                              2.5% Fare Increases each October, 2009-24 ("Baseline Fare Increases")¹
                                                               September 2008 Forecast – Fiscal Years 2009-2025
                       September 2008                                September 2008 Capacity Constrained Projections                                                June 2008 Projections
   Fiscal               Unconstrained                      Passenger        Vehicle/Driver           Total           Annual Rate                                   Total          Sep. % Chg
   Year               Demand Forecast                      Ridership           Ridership           Ridership          of Growth                                  Ridership         from Jun.

   2006²                  23,781,000                       12,957,400                  10,823,900                 23,781,000                     (0.3%)
   2007²                  23,985,000                       13,160,900                  10,824,100                 23,985,000                      0.9%
   2008²                  23,282,000                       12,889,400                  10,392,100                 23,282,000                     (2.9%)         23,611,000                   (1.4%)
   2009²                  23,859,000                       13,561,100                  10,277,200                 23,838,000                      2.4%          23,831,000                   0.0%
   2010³                  24,289,000                       13,697,700                  10,590,000                 24,288,000                     1.9%           24,392,000                   (0.4%)
   2011                   24,714,000                       13,932,100                  10,780,800                 24,713,000                     1.8%           25,104,000                   (1.6%)
   2012                   25,105,000                       14,152,400                  10,949,500                 25,102,000                     1.6%           25,630,000                   (2.1%)
   2013                   25,511,000                       14,387,700                  11,116,200                 25,504,000                     1.6%           26,054,000                   (2.1%)
   2014                   25,949,000                       14,626,800                  11,308,300                 25,935,000                     1.7%           26,502,000                   (2.1%)
   2015                   26,408,000                       14,869,400                  11,516,000                 26,385,000                     1.7%           26,919,000                   (2.0%)
   2016                   26,890,000                       15,123,900                  11,727,100                 26,851,000                     1.8%           27,310,000                   (1.7%)
   2017                   27,356,000                       15,377,500                  11,893,100                 27,271,000                     1.6%           27,677,000                   (1.5%)
   2018                   27,847,000                       15,624,300                  12,052,800                 27,677,000                     1.5%           28,031,000                   (1.3%)
   2019                   28,376,000                       15,882,200                  12,228,000                 28,110,000                     1.6%           28,393,000                   (1.0%)
   2020                   28,861,000                       16,103,100                  12,395,600                 28,499,000                     1.4%           28,717,000                   (0.8%)
   2021                   29,308,000                       16,338,700                  12,513,700                 28,852,000                     1.2%           29,013,000                   (0.6%)
   2022                   29,743,000                       16,582,100                  12,604,600                 29,187,000                     1.2%           29,322,000                   (0.5%)
   2023                   30,170,000                       16,840,300                  12,663,500                 29,504,000                     1.1%           29,633,000                   (0.4%)
   2024                   30,599,000                       17,116,400                  12,699,700                 29,816,000                     1.1%           29,958,000                   (0.5%)
   2025                   31,042,000                       17,385,800                  12,733,400                 30,119,000                     1.0%           30,272,000                   (0.5%)
 ¹ Scenario #2 incorporates the May 1, 2007 2.5% fare increase plus subsequent annual 2.5% fare increases with nickel rounding each October, from 2009 through 2023 (increasing real fares
   under the current inflation projection), and includes the current programmed level of service.
 ² Reflects/includes historical data; FY 2009 also includes the impacts of an eight week spring construction closure of the Hood Canal Bridge.
 ³ Seattle-Vashon passenger-only service discontinued beginning with FY 2010.


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                                                                              Washington State Ferries
                                                      RIDERSHIP PROJECTIONS ~ SCENARIO #3
                           Inflationary Fare Increases each October, 2009-24 ("Constant Real Fares")¹
                                                               September 2008 Forecast – Fiscal Years 2009-2025
                       September 2008                                September 2008 Capacity Constrained Projections                                                  June 2008 Projections
   Fiscal               Unconstrained                      Passenger        Vehicle/Driver           Total           Annual Rate                                     Total          Sep. % Chg
   Year               Demand Forecast                      Ridership           Ridership           Ridership          of Growth                                    Ridership         from Jun.

   2006²                  23,781,000                      12,957,400                   10,823,900                 23,781,000                     (0.3%)
   2007²                  23,985,000                      13,160,900                   10,824,100                 23,985,000                      0.9%
   2008²                  23,282,000                      12,889,400                   10,392,100                 23,282,000                     (2.9%)           23,611,000                 (1.4%)
   2009²                  23,859,000                      13,561,100                   10,277,200                 23,838,000                      2.4%            23,831,000                 0.0%
   2010³                  24,253,000                      13,683,800                   10,568,500                 24,252,000                     1.7%             24,391,000                 (0.6%)
   2011                   24,697,000                      13,929,200                   10,766,700                 24,696,000                     1.8%             25,174,000                 (1.9%)
   2012                   25,169,000                      14,205,400                   10,960,300                 25,166,000                     1.9%             25,814,000                 (2.5%)
   2013                   25,638,000                      14,480,700                   11,148,700                 25,629,000                     1.8%             26,340,000                 (2.7%)
   2014                   26,129,000                      14,752,700                   11,360,700                 26,113,000                     1.9%             26,867,000                 (2.8%)
   2015                   26,644,000                      15,029,700                   11,589,200                 26,619,000                     1.9%             27,349,000                 (2.7%)
   2016                   27,187,000                      15,320,800                   11,814,000                 27,135,000                     1.9%             27,803,000                 (2.4%)
   2017                   27,731,000                      15,624,400                   11,985,500                 27,610,000                     1.8%             28,233,000                 (2.2%)
   2018                   28,321,000                      15,940,500                   12,163,900                 28,104,000                     1.8%             28,660,000                 (1.9%)
   2019                   28,947,000                      16,265,000                   12,355,700                 28,621,000                     1.8%             29,088,000                 (1.6%)
   2020                   29,532,000                      16,553,700                   12,529,600                 29,083,000                     1.6%             29,469,000                 (1.3%)
   2021                   30,073,000                      16,852,300                   12,646,400                 29,499,000                     1.4%             29,824,000                 (1.1%)
   2022                   30,596,000                      17,152,500                   12,722,300                 29,875,000                     1.3%             30,189,000                 (1.0%)
   2023                   31,110,000                      17,466,100                   12,764,900                 30,231,000                     1.2%             30,567,000                 (1.1%)
   2024                   31,107,000                      17,797,900                   12,797,200                 30,595,000                     1.2%             30,957,000                 (1.2%)
   2025                   32,173,000                      18,134,000                   12,834,700                 30,969,000                     1.2%             31,354,000                 (1.2%)
 ¹ Scenario #3 incorporates the May 1, 2007 2.5% fare increase plus subsequent annual inflationary fare increases with nickel rounding each October, from 2009 through 2023 (constant real fares
   based on the Implicit Price Deflator projection), and includes the current programmed level of service.
 ² Reflects/includes historical data; FY 2009 also includes the impacts of an eight week spring construction closure of the Hood Canal Bridge.
 ³ Seattle-Vashon passenger-only service discontinued beginning with FY 2010.


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                                                     Washington State Ferries — Ridership History and Forecast Trends
                                                             September 2008 Forecast Scenarios – Fiscal Years 2004-2025
                                    40 M



                                    35 M



                                    30 M
Fiscal Year Ridership in Millions




                                    25 M



                                    20 M



                                    15 M



                                    10 M
                                                                           Scenario #1 — No Changes in Current Posted Fares through 2025 ("No Fare Increases")

                                                                           Scenario #2 — 2.5% Fare Increases each October, 2009-24 ("Baseline Fare Increases")
                                     5M
                                                                           Scenario #3 — Inflationary Fare Increases each Octoboer, 2009-24 ("Inflationary Fare Increases")


                                     0M
                                           2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
                                                                                                  Fiscal Year
                                                                                                                                                                             9/16/2008
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Tacoma Narrows Bridge Traffic and
       Revenue Forecast
        September 2008




               123
Transportation Revenue Forecast Council
Tacoma Narrows Bridge Traffic                                                                                                                              Fiscal Years
September 2008 Forecast


                                                   2008         2009         2010          2011          2012          2013          2014          2015              2016
Traffic
 Tacoma Narrows Traffic Volume                13,879,690   14,232,990   14,412,307    14,903,820   15,293,415    15,564,000    15,839,000    16,202,000        16,337,000
     Annual Percentage Change                                     2.5          1.3           3.4           2.6           1.8           1.8           2.3               0.8

June 2008 Forecast
 Tacoma Narrows Traffic Volume                13,905,780   14,270,720   14,412,307    14,903,820   15,293,415    15,564,000    15,839,000    16,202,000        16,337,000
   Percentage Change Sep 2008 vs. June 2008       -0.188       -0.264        0.000         0.000        0.000         0.000         0.000         0.000             0.000

Baseline Forecast (April 2007)
 Tacoma Narrows Traffic Volume                13,139,797   14,470,563   14,469,026    14,886,024   15,293,415    15,564,000    15,839,000    16,202,000        16,337,000
   Percentage Change Sep 2008 vs. Baseline         5.631       -1.642       -0.392         0.120        0.000         0.000         0.000         0.000             0.000

Toll Rates
                                               $1.75 ETC    $2.75 ETC
 TNB Toll Rate (June & Sep 2008 Forecast)     $3.00 Cash   $4.00 Cash       $4.00         $4.00        $4.00         $5.00         $5.00         $5.00             $6.00

                                               $1.75 ETC
 TNB Toll Rate (Baseline Forecast)            $3.00 Cash       $3.00        $4.00         $4.00        $4.00         $5.00         $5.00         $5.00             $6.00




                                                   2017         2018         2019          2020          2021          2022          2023          2024              2025
Traffic
 Tacoma Narrows Traffic Volume                16,374,000   16,563,000   16,753,000    16,947,000   17,171,000    17,428,000    17,690,000    17,955,000        18,224,000
     Annual Percentage Change                        0.2          1.2          1.1           1.2           1.3           1.5           1.5           1.5               1.5

June 2008 Forecast
 Tacoma Narrows Traffic Volume                16,374,000   16,563,000   16,753,000    16,947,000   17,171,000    17,428,000    17,690,000    17,955,000        18,224,000
   Percentage Change Sep 2008 vs. June 2008        0.000        0.000        0.000         0.000        0.000         0.000         0.000         0.000             0.000

Baseline Forecast (April 2007)
 Tacoma Narrows Traffic Volume                16,374,000   16,563,000   16,753,000    16,947,000   17,171,000    17,428,000    17,690,000    17,955,000        18,224,000
   Percentage Change Sep 2008 vs. Baseline         0.000        0.000        0.000         0.000        0.000         0.000         0.000         0.000             0.000

Toll Rates
 TNB Toll Rate (June & Sep 2008 Forecast)         $6.00        $6.00        $6.00         $6.00        $6.00         $6.00         $6.00         $6.00             $6.00
 TNB Toll Rate (Baseline Forecast)                $6.00        $6.00        $6.00         $6.00        $6.00         $6.00         $6.00         $6.00             $6.00




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Transportation Revenue Forecast Council
Tacoma Narrows Bridge Toll Revenue
September 2008 Forecast




                                                                   BIENNIUM         BIENNIUM                                BIENNIUM        BIENNIUM
                                                                   2007 - 2009      2007 - 2009          Difference         2009-2011       2009 - 2011          Difference
Comparison to June 2008 Forecast                                     Sep-08           Jun-08         Value     Percentage    Sep-08           Jun-08         Value     Percentage
Tacoma Narrows Bridge Toll Revenue
  Revenue                                                              74,417,487      74,372,114      45,373       0.06%     119,617,175     119,617,175           0       0.00%
  Transponder                                                           1,316,723       1,002,187     314,536      23.89%       1,175,218         577,757     597,461      50.84%
     Total                                                             75,734,210      75,374,301     359,909       0.48%     120,792,393     120,194,932     597,461       0.49%

                                                                   BIENNIUM         BIENNIUM                                BIENNIUM        BIENNIUM
                                                                   2007 - 2009      2007 - 2009          Difference         2009-2011       2009 - 2011          Difference
Comparison to Baseline Forecast (April 2007)                         Sep-08          Baseline        Value     Percentage    Sep-08          Baseline        Value     Percentage
Tacoma Narrows Bridge Toll Revenue
  Revenue                                                              74,417,487      76,299,134   (1,881,647)    -2.53%     119,617,175     121,864,799   (2,247,623)    -1.88%
  Transponder*                                                          1,316,723             n/a    1,316,723        n/a       1,175,218            n/a     1,175,218        n/a
     Total                                                             75,734,210      76,299,134     (564,924)    -0.75%     120,792,393     121,864,799   (1,072,405)    -0.89%




                                                                   BIENNIUM         BIENNIUM                                BIENNIUM        BIENNIUM
                                                                   2011-2013        2011 - 2013          Difference         2013-2015       2013 - 2015          Difference
Comparison to June 2008 Forecast                                    Sep-08            Jun-08         Value     Percentage    Sep-08           Jun-08         Value     Percentage

Tacoma Narrows Bridge Toll Revenue
  Revenue                                                             134,922,792     134,922,792           0       0.00%     166,132,000     166,132,000           0       0.00%
  Transponder                                                           1,237,005               0   1,237,005     100.00%       1,284,452               0   1,284,452     100.00%
     Total                                                            136,159,797     134,922,792   1,237,005       0.91%     167,416,452     166,132,000   1,284,452       0.77%

                                                                   BIENNIUM         BIENNIUM                                BIENNIUM        BIENNIUM
                                                                   2011-2013        2011 - 2013          Difference         2013-2015       2013 - 2015          Difference
Comparison to Baseline Forecast (April 2007)                        Sep-08           Baseline        Value     Percentage    Sep-08          Baseline        Value     Percentage

Tacoma Narrows Bridge Toll Revenue
  Revenue                                                             134,922,792     135,868,000    (945,208)     -0.70%     166,132,000     166,132,000           0       0.00%
  Transponder*                                                          1,237,005             n/a   1,237,005         n/a       1,284,452             n/a   1,284,452         n/a
     Total                                                            136,159,797     135,868,000     291,797       0.21%     167,416,452     166,132,000   1,284,452       0.77%




* Transponder Revenue was not included in the Baseline Forecast.




                                                                                                      125
Transportation Revenue Forecast Council
Tacoma Narrows Bridge Toll Revenue
September 2008 Forecast




                                                                   BIENNIUM        BIENNIUM                                BIENNIUM        BIENNIUM
                                                                   2015-2017       2015 - 2017          Difference         2017-2019       2017 - 2019          Difference
Comparison to June 2008 Forecast                                    Sep-08           Jun-08         Value     Percentage    Sep-08           Jun-08         Value      Percentage
Tacoma Narrows Bridge Toll Revenue
  Revenue                                                            194,855,000     194,855,000           0      0.00%      207,293,000      207,293,000           0      0.00%
  Transponder                                                          1,311,311               0   1,311,311    100.00%        1,335,563                0   1,335,563    100.00%
     Total                                                           196,166,311     194,855,000   1,311,311      0.67%      208,628,563      207,293,000   1,335,563      0.64%

                                                                   BIENNIUM        BIENNIUM                                BIENNIUM        BIENNIUM
                                                                   2015-2017       2015 - 2017          Difference         2017-2019       2017 - 2019          Difference
Comparison to Baseline Forecast (April 2007)                        Sep-08          Baseline        Value     Percentage    Sep-08          Baseline        Value      Percentage
Tacoma Narrows Bridge Toll Revenue
  Revenue                                                            194,855,000     194,855,000           0      0.00%      207,293,000      207,293,000           0       0.00%
  Transponder*                                                         1,311,311             n/a   1,311,311        n/a        1,335,563              n/a   1,335,563         n/a
     Total                                                           196,166,311     194,855,000   1,311,311      0.67%      208,628,563      207,293,000   1,335,563       0.64%




                                                                   BIENNIUM        BIENNIUM                                BIENNIUM        BIENNIUM
                                                                   2019-2021       2019 - 2021          Difference         2021-2023       2021 - 2023          Difference
Comparison to June 2008 Forecast                                    Sep-08           Jun-08         Value     Percentage    Sep-08           Jun-08         Value      Percentage

Tacoma Narrows Bridge Toll Revenue
  Revenue                                                            212,278,000     212,278,000           0      0.00%      218,505,000      218,505,000           0      0.00%
  Transponder                                                          1,367,714               0   1,367,714    100.00%        1,407,801                0   1,407,801    100.00%
     Total                                                           213,645,714     212,278,000   1,367,714      0.64%      219,912,801      218,505,000   1,407,801      0.64%

                                                                   BIENNIUM        BIENNIUM                                BIENNIUM        BIENNIUM
                                                                   2019-2021       2019 - 2021          Difference         2021-2023       2021 - 2023          Difference
Comparison to Baseline Forecast (April 2007)                        Sep-08          Baseline        Value     Percentage    Sep-08          Baseline        Value      Percentage

Tacoma Narrows Bridge Toll Revenue
  Revenue                                                            212,278,000     212,278,000           0      0.00%      218,505,000      218,505,000           0       0.00%
  Transponder*                                                         1,367,714             n/a   1,367,714        n/a        1,407,801              n/a   1,407,801         n/a
     Total                                                           213,645,714     212,278,000   1,367,714      0.64%      219,912,801      218,505,000   1,407,801       0.64%




* Transponder Revenue was not included in the Baseline Forecast.




                                                                                                     126
Transportation Revenue Forecast Council
Tacoma Narrows Bridge Toll Revenue
September 2008 Forecast




                                                                   BIENNIUM        BIENNIUM
                                                                   2023-2025       2023-2025            Difference
Comparison to June 2008 Forecast                                    Sep-08           Jun-08         Value     Percentage
Tacoma Narrows Bridge Toll Revenue
  Revenue                                                            225,109,000     225,109,000           0       0.00%
  Transponder                                                          1,450,335               0   1,450,335     100.00%
     Total                                                           226,559,335     225,109,000   1,450,335       0.64%

                                                                   BIENNIUM        BIENNIUM
                                                                   2023-2025       2023-2025            Difference
Comparison to Baseline Forecast (April 2007)                        Sep-08          Baseline        Value     Percentage
Tacoma Narrows Bridge Toll Revenue
  Revenue                                                            225,109,000     225,109,000           0       0.00%
  Transponder*                                                         1,450,335             n/a   1,450,335         n/a
     Total                                                           226,559,335     225,109,000   1,450,335       0.64%




* Transponder Revenue was not included in the Baseline Forecast.




                                                                                                    127

								
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