Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 32
Book Description
Amtrak: Financial Condition Has Deteriorated and Future Costs Make Recovery Difficult
Author: 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
Amtrak
Author: Kenneth M. MeadPublisher:
ISBN:
Category :
Languages : en
Pages : 32
Book Description
Amtrak
Author: U S Government Accountability Office (GPublisher: 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
Author: Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 688
Book Description
Monthly Catalog of United States Government Publications
Author: Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 898
Book Description
Monthly Catalogue, United States Public Documents
Author: Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 1484
Book Description
Month in Review ...
Author: Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 60
Book Description
Reports and Testimony
Author: Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 588
Book Description
Amtrak
Author: United States Government Accountability Office (GAO)Publisher: Createspace Independent Publishing Platform
ISBN: 9781985560567
Category :
Languages : en
Pages : 30
Book Description
T-RCED-94-145 Amtrak: Deteriorated Financial Condition and Costly Future Challenges
