Pursuant to a congressional request, GAO provided information on the use of the Northeast Corridor by Amtrak and other commuter and freight railroads, focusing on: (1) sources of funding for the corridor's expenditures; and (2) annual funding required to operate and maintain the corridor's infrastructure. GAO noted that: (1) the Northeast Corridor is used daily by 100 Amtrak trains, 1,100 commuter trains, and a few freight trains; (2) about 91 percent of the trains using the corridor are commuter trains; (3) Amtrak and commuter and freight railroads provide the bulk of the funding needed for operating and maintaining the corridor; (4) from 1988 through 1993, commuter railroads provided an average of $105.3 million in revenues and operating subsidies for the corridor's operation and maintenance expenditures and Amtrak funded approximately 42 percent of the corridor's average annual capital expenditures; (5) Amtrak and other users spent an average of $497 million annually on the corridor's operation, maintenance, and capital improvements; (6) an additional $2.7 billion will be needed over the next 15 years to upgrade the corridor's infrastructure; (7) Amtrak and non-Amtrak funding varies widely on various segments of the corridor; and (8) Amtrak needs to improve the quality of its service to protect its revenue.
Pursuant to a congressional request, GAO provided information on the use of the Northeast Corridor by Amtrak and other commuter and freight railroads, focusing on: (1) sources of funding for the corridor's expenditures; and (2) annual funding required to operate and maintain the corridor's infrastructure. GAO noted that: (1) the Northeast Corridor is used daily by 100 Amtrak trains, 1,100 commuter trains, and a few freight trains; (2) about 91 percent of the trains using the corridor are commuter trains; (3) Amtrak and commuter and freight railroads provide the bulk of the funding needed for operating and maintaining the corridor; (4) from 1988 through 1993, commuter railroads provided an average of $105.3 million in revenues and operating subsidies for the corridor's operation and maintenance expenditures and Amtrak funded approximately 42 percent of the corridor's average annual capital expenditures; (5) Amtrak and other users spent an average of $497 million annually on the corridor's operation, maintenance, and capital improvements; (6) an additional $2.7 billion will be needed over the next 15 years to upgrade the corridor's infrastructure; (7) Amtrak and non-Amtrak funding varies widely on various segments of the corridor; and (8) Amtrak needs to improve the quality of its service to protect its revenue.
The BiblioGov Project is an effort to expand awareness of the public documents and records of the U.S. Government via print publications. In broadening the public understanding of government and its...
Planning an upcoming train trip on Amtrak's Northeast Corridor from Boston to New York City? Then this is the book for you! Learn about everything out your window milepost-by-milepost and really...
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