Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 32
Book Description
Amtrak: Financial Condition Has Deteriorated and Future Costs Make Recovery Difficult
Amtrak
Author: United States Government Accountability Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781985560611
Category :
Languages : en
Pages : 30
Book Description
T-RCED-94-155 Amtrak: Financial Condition Has Deteriorated and Future Costs Make Recovery Difficult
Publisher: Createspace Independent Publishing Platform
ISBN: 9781985560611
Category :
Languages : en
Pages : 30
Book Description
T-RCED-94-155 Amtrak: Financial Condition Has Deteriorated and Future Costs Make Recovery Difficult
Amtrak
Author: U S Government Accountability Office (G
Publisher: BiblioGov
ISBN: 9781289046026
Category :
Languages : en
Pages : 34
Book Description
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.
Publisher: BiblioGov
ISBN: 9781289046026
Category :
Languages : en
Pages : 34
Book Description
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.
Indexes for Abstracts of Reports and Testimony
Amtrak
Monthly Catalogue, United States Public Documents
Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 1100
Book Description
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 1100
Book Description
Monthly Catalog of United States Government Publications
Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 1100
Book Description
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 1100
Book Description
GAO Oversight and the National Academy of Public Administration Study
Author: United States. Congress. Senate. Committee on Governmental Affairs
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 272
Book Description
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 272
Book Description
Addressing the deficit budgetary implications of selected GAO work for fiscal year 1998 : report to the Congress
Author:
Publisher: DIANE Publishing
ISBN: 1428977309
Category : Budget deficits
Languages : en
Pages : 367
Book Description
Publisher: DIANE Publishing
ISBN: 1428977309
Category : Budget deficits
Languages : en
Pages : 367
Book Description
Addressing the Deficit
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 284
Book Description
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 284
Book Description