Update on the Methodology for Amtrak Cost Accounting Amtrak Performance Tracking (APT): Volume 1
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2016-04-22
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Alternative Title:Methodology for Amtrak Cost Accounting
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NTL Classification:NTL-RAIL TRANSPORTATION-Rail Economics and Finance;NTL-RAIL TRANSPORTATION-RAIL TRANSPORTATION;
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Abstract:The objective of this report is to reiterate and expand upon the 2009 report’s description of the Amtrak Performance Tracking (APT) methodology for determining the Fully Allocated Costs and revenues of each Amtrak route and to document Amtrak’s current application of that methodology and associated reporting results. APT’s financial estimation and reporting continues to fulfill the original Congressional mandates and, in addition, provides additional features and value to both the Federal Railroad Administration (FRA) and Amtrak. This report updates the documentation presented in the 2009 Report to Congress including addressing changes to the implementation of that methodology, supplementing that report with elements not included or not yet final at the time of publication, and documenting changes to APT driven by the adoption of Systems, Applications, and Products (SAP) as Amtrak’s financial accounting system.
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