Oversight Hearing on Amtrak: Hearing Before the Subcommittee on Surface Transportation and Merchant Marine of the Committee on Commerce, Science, and Transportation, United States Senate, One Hundred Sixth Congress, Second Session, February 23, 2000 |
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Page 23
... offset that financial impact . Because we have not yet re- ceived Amtrak's most recent five - year Strategic Business Plan , which will provide Amtrak's projections on the impact of the Acela delay , we cannot present an anal- ysis to ...
... offset that financial impact . Because we have not yet re- ceived Amtrak's most recent five - year Strategic Business Plan , which will provide Amtrak's projections on the impact of the Acela delay , we cannot present an anal- ysis to ...
Page 29
... offsets are likely , but only if there are no further delays . Make no mistake about it , high - speed rail is the cornerstone of Amtrak's business plan . And the relatively small financial impact this year should not detract from how ...
... offsets are likely , but only if there are no further delays . Make no mistake about it , high - speed rail is the cornerstone of Amtrak's business plan . And the relatively small financial impact this year should not detract from how ...
Page 31
... offset by a strong 7 percent increase in passenger revenues in the Northeast Corridor , which came in $ 2 million ahead of plan despite the delays in high - speed rail . Overall , Amtrak recorded an operating loss of $ 240 million ...
... offset by a strong 7 percent increase in passenger revenues in the Northeast Corridor , which came in $ 2 million ahead of plan despite the delays in high - speed rail . Overall , Amtrak recorded an operating loss of $ 240 million ...
Page 32
... offset by new leasing agreements valued at about $ 44 million . The fact that the current delays will have a minimal effect on Amtrak's 2000 operating results should not detract from the critical significance of the high - speed rail ...
... offset by new leasing agreements valued at about $ 44 million . The fact that the current delays will have a minimal effect on Amtrak's 2000 operating results should not detract from the critical significance of the high - speed rail ...
Page 33
... offset , dollar for dollar , by increased expenditures for heavy overhauls ( federally funded now and after 2002 ) . If capital funding is to be provided beyond 2002 , allowing Amtrak to use Fed- eral funds for both progressive and ...
... offset , dollar for dollar , by increased expenditures for heavy overhauls ( federally funded now and after 2002 ) . If capital funding is to be provided beyond 2002 , allowing Amtrak to use Fed- eral funds for both progressive and ...
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accepted accounting principles Acela Express Acela Regional Amtrak expects Amtrak operates Amtrak Reform Council Amtrak's financial performance annual Appropriations ARAA Atlanta budget capital funds capital grants Carmichael Committee commuter CONG congestion CONGRES CONGRESS THE LIBRARY costs delays depreciation East River Tunnels equipment express business Federal funds federal operating GAAP Georgia glidepath goal going Governor THOMPSON GRESS heavy overhauls high-speed rail highway improve increase infrastructure intercity passenger rail intercity rail investment issue LIBRARY OF CONGRESS Madame Chair mail and express MAX CLELAND meet ment million Moody's North River Tunnels Northeast Corridor operating expenses passenger revenues percent progressive overhauls projects public transportation rail passenger service rail service rail system Reform and Accountability RESS ridership rolling stock Senator Cleland Senator HUTCHISON Senator WYDEN senger speed rail standards statement Strategic Business Plan Subcommittee Texas Eagle Thank trains trainsets trak U.S. SENATOR Warrington
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Page 40 - departments of transportation. APTA members serve the public interest by providing safe, efficient and economical transit services and products. Over ninety percent of persons using public transportation in the United States and Canada are served by APTA members.
Page 40 - is a nonprofit international association of over 1,270 member organizations including transit systems; planning, design, construction and finance firms; product and service providers; academic institutions, and state associations and departments of transportation. APTA members serve the public interest by providing safe, efficient and economical transit services and products. Over ninety percent of persons using public transportation in the United States and Canada are served by APTA members.
Page 31 - Amtrak's test for self-sufficiency, however, pivots on its cash losses rather than its operating losses. In 1999, the cash loss was $579 million, $54 million higher than the 1998 cash loss and $19 million worse than Amtrak projected for 1999. On the positive side, Amtrak's systemwide passenger revenue grew by almost 6 percent in 1999,
Page 45 - the National Governors' Association, the US Conference of Mayors, the National League of Cities, the Council of State Governments and the National Council of State Legislatures are
Page 15 - the National Governors' Association, the US Conference of Mayors, the National League of Cities, the Council of State Governments, and the National Council of State Legislatures
Page 61 - PREPARED STATEMENT OF HON. OLYMPIA J. SNOWE, US SENATOR FROM MAINE Thank you. I would like to express my appreciation to the Chair for scheduling this hearing today.
Page 1 - 23, 2000 US SENATE, SUBCOMMITTEE ON SURFACE TRANSPORTATION AND MERCHANT MARINE, COMMITTEE ON COMMERCE, SCIENCE, AND TRANSPORTATION, Washington, DC. The subcommittee met,
Page 43 - Association, the US Conference of Mayors, the National League of Cities, the Council of State Governments, and the National Council of State Legislatures are
Page 25 - shall consider all relevant performance factors, including . . . appropriate methods for adoption of uniform cost and accounting procedures throughout the Amtrak system, based on generally accepted accounting principles. . . .
Page 13 - and Members of the Subcommittee: I deeply appreciate the opportunity to appear before this distinguished Subcommittee to