Information on Amtrak's Operating Expenses
RCED-92-177FS: Published: Apr 23, 1992. Publicly Released: May 5, 1992.
- Full Report:
Pursuant to a congressional request, GAO provided information on the National Railroad Passenger Corporation's (Amtrak) operating expenses, focusing on: (1) how Amtrak allocates its federal funds for various spending requirements; (2) Amtrak provisions for future financial liabilities; (3) Amtrak travel and related expenses for its Board of Directors and executive staff offices in fiscal years (FY) 1988 through 1992; and (4) how much Amtrak spent on such potentially discretionary administrative expenses as dues and memberships, professional fees, and seminars in FY 1988 through 1992.
GAO found that Amtrak: (1) pools its operating expenses with its federal operating subsidies and makes no distinction concerning the source of funds when allocating them to specific operating programs; (2) has set aside $292.8 million in anticipation of such future costs as accident claims and future labor agreements; (3) spent $1.5 million on travel in FY 1988 through 1992 for its Board of Directors, executive officers, and their immediate staffs; and (4) spent $96.4 million on dues and memberships, travel, professional fees and services, courses and seminars, and meetings in FY 1988 through 1992.