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View Diary: Sunday Train: Going on the Attack for Amtrak (57 comments)

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  •  Net operating ratios are ... (2+ / 0-)
    Recommended by:
    RunawayRose, marykk

    ... revenues less operating costs including OPEB (other post employment benefits), over operating costs.

    The Acela is a plus, the other ones are a minus. There was a change in the way that these costs were computed since they last time I diaried this, so I couldn't cut and paste what I had written before, and I was massively under the gun ~ probably shouldn't have copied the tables from the pdf into a text file and loaded them into excel, but I got an itch of curiosity how things had evolved since the figures I looked at last year that SubsidyScope had used in their flimsy hatchet job on Amtrak.

    End 2010 with Lesbian Creative Works from ALC Publishing on your Holiday list.

    by BruceMcF on Sun Jan 23, 2011 at 08:05:26 PM PST

    [ Parent ]

    •  I understand; the question related to how this (1+ / 0-)
      Recommended by:
      RunawayRose

      relates to the subsidies.  

      •  When the net operating ratio is ... (3+ / 0-)
        Recommended by:
        RunawayRose, maryru, marykk

        ... (-50%) then a 5% increase in revenue is a 5% savings in required operating subsidy per service mile.

        Maintain 5% revenue growth for four years, you have grown revenue by more than 20% ... so if you were at (-50%) net operating ratio, now you are at (-40%). Now a 5% increase in revenue is a 7.5% decrease in required operating subsidy per mile.

        When operating revenues are a large enough share of the total funding base, then with the guarantee of substantial increases in ridership and operating revenue in the decade ahead ~ provided the services continue to be provided ~ it becomes possible to provide an increasing range of service on the same operating subsidy.

        This has been what has been seen in California-Amtrak with the Capital Corridor, San Joaquin and Pacific Surfliner receiving service improvements which have resulted in increased patronage, resulting in a smaller operating subsidy per passenger mile.

        End 2010 with Lesbian Creative Works from ALC Publishing on your Holiday list.

        by BruceMcF on Sun Jan 23, 2011 at 08:54:48 PM PST

        [ Parent ]

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