Intercity Passenger Rail
Author | : United States. General Accounting Office |
Publisher | : |
Total Pages | : 32 |
Release | : 1999 |
Genre | : Railroads |
ISBN | : |
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Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Amtraks Financial Condition PDF full book. Access full book title Amtraks Financial Condition.
Author | : United States. General Accounting Office |
Publisher | : |
Total Pages | : 32 |
Release | : 1999 |
Genre | : Railroads |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 32 |
Release | : 1994 |
Genre | : |
ISBN | : |
Author | : Phyllis F. Scheinberg |
Publisher | : |
Total Pages | : 24 |
Release | : 1997 |
Genre | : Federal aid to transportation |
ISBN | : |
Author | : Kenneth M. Mead |
Publisher | : |
Total Pages | : 32 |
Release | : 1994 |
Genre | : |
ISBN | : |
Author | : United States. Congress |
Publisher | : Createspace Independent Publishing Platform |
Total Pages | : 52 |
Release | : 2018-02-14 |
Genre | : |
ISBN | : 9781985449749 |
Amtrak's financial condition : hearing before a subcommittee of the Committee on Appropriations, United States Senate, One Hundred Seventh Congress, second session, special hearing, June 20, 2002, Washington, DC.
Author | : U S Government Accountability Office (G |
Publisher | : BiblioGov |
Total Pages | : 34 |
Release | : 2013-06 |
Genre | : |
ISBN | : 9781289046026 |
Pursuant to a congressional request, GAO discussed Amtrak's financial condition and the challenges facing the corporation. GAO noted that: (1) although Amtrak has improved its revenue-to-expense ratio, its budget requests have increased steadily; (2) Amtrak's ability to repay its debt and provide quality nationwide service may be jeopardized because its financial condition has significantly deteriorated and annual operating deficits total $102 million; (3) although Amtrak's efforts to generate additional revenue and reduce operating expenses have helped short-term financial problems, these actions will not be able to cure its long-term financial problems; (4) Amtrak will need to maintain its aging passenger cars, modernize its repair facility and locomotive and passenger car fleet, acquire high-speed trains, continue rail improvements in the North Corridor, and negotiate new agreements with freight railroads and labor unions to operate a viable nationwide network; and (5) Congress will need to review Amtrak's overall objective, ensure that Amtrak's budget is adequate to meet any new rail service goals, and reauthorize Amtrak's 1995 budget to help it address its operating deficit.
Author | : United States. Congress. Senate. Committee on Appropriations. Subcommittee on Transportation and Related Agencies |
Publisher | : |
Total Pages | : 56 |
Release | : 2003 |
Genre | : Federal aid to transportation |
ISBN | : |
Author | : U S Government Accountability Office (G |
Publisher | : BiblioGov |
Total Pages | : 34 |
Release | : 2013-06 |
Genre | : |
ISBN | : 9781289088743 |
Pursuant to a congressional request, GAO discussed Amtrak's financial condition and the near-term challenges facing the corporation. GAO noted that: (1) over the past 3 years, Amtrak's financial condition has deteriorated because of its vast responsibility and limited resources; (2) although Amtrak's efforts to generate additional revenue and reduce operating expenses have helped short-term financial problems, they will not be able to cure long-term financial problems; (3) although Amtrak reported that its revenues covered about 80 percent of its operations in 1993, its estimate did not accurately reflect its financial condition because it did not include all operating expenses; (4) Amtrak needs to maintain its aging passenger cars, modernize its repair facility and locomotive and passenger car fleet, acquire high-speed trains, continue rail improvements in the Northeast Corridor, and negotiate new agreements with freight railroads and labor unions to operate a viable nationwide network; and (5) Congress needs to reauthorize Amtrak's budget for 1995 to help address Amtrak's operating deficit.
Author | : U S Government Accountability Office (G |
Publisher | : BiblioGov |
Total Pages | : 34 |
Release | : 2013-06 |
Genre | : |
ISBN | : 9781289050542 |
The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.
Author | : JayEtta Z. Hecker |
Publisher | : DIANE Publishing |
Total Pages | : 164 |
Release | : 2006-03 |
Genre | : |
ISBN | : 9781422304587 |
Amtrak has struggled since its inception to earn sufficient revenues & operate efficiently. In June 2002, Amtrak's new pres. began major efforts to improve efficiency. However, the financial condition of the company remains precarious, requiring a fed. subsidy of more than $1 billion annually. Capital backlogs are now about $6 billion, with over 60% being attributable to its mainstay Northeast Corridor service. This report reviewed Amtrak's: (1) strategic planning, (2) financial reporting & financial management practices, (3) cost containment strategies, (4) acquisition management, & (5) accountability & oversight. Includes recommendations. Charts & tables.