Financial Statements
Arizona Department of Transportation
Highway Expansion and Extension Loan
Program Fund
Fiscal Years Ended June 30, 2009 and 2008

Arizona Department of Transportation
Highway Expansion and Extension Loan Program Fund
Management’s Discussion and Analysis (continued)
June 30, 2009 and 2008

Notes to the financial statements The notes provide additional information that is essential to a
full understanding of the data provided in the fund financial statements. The notes to the
financial statements can be found beginning on page 9 of this report.
Requests for information This financial report is designed to provide our citizens, taxpayers,
customers, investors, and creditors with an overview of the Fund’s finances. Questions
concerning any of the information provided in this report or requests for additional financial
information should be addressed to the Controller, Arizona Department of Transportation,
206 S. 17th Avenue, Phoenix, Arizona, 85007 or by visiting our website at
http://www.azdot.gov/Inside_ADOT/help/statementarchives.asp.

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