Arkansas transportation officials said the state kept sufficient money on hand to make its semiannual debt payments on $575 million of outstanding highway bonds even if Congress had not shifted $8 billion into the rapidly shrinking federal Highway Trust Fund.

The state had some $58 million in its interstate maintenance account, from which it makes the debt service payments on its outstanding grant anticipation revenue vehicle bonds. The funds would have been sufficient to make the debt service due in February and to fund a highway interchange project in West Memphis. 

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