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| Re: Staten Island Railway to get New Trains (511305) | |||
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Re: Staten Island Railway to get New Trains |
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Posted by Dutchrailnut on Sat Nov 3 21:01:50 2007, in response to Re: Staten Island Railway to get New Trains, posted by Dutchrailnut on Sat Nov 3 20:59:15 2007. MNCR is almost a class 1 railroad see:http://www.mta.info/mta/ind-finance/month/mnr-financial.htm Definitions of Financial Indicators: Long Island Rail Road and Metro-North Railroad Operating Revenue is the sum of Passenger Revenue and Other Revenue for MTA’s transit agencies. Operating revenue excludes reimbursement for capital expenditures or other costs directly relating to capital projects. Passenger Revenue is derived from fares charged to and collected from users of LIRR and Metro-North, and is the MTA’s primary source of Operating Revenue. Other Revenues are all operating revenues not directly generated by transporting rail and bus passengers. Examples include: revenues from concessions to vendors; advertising and other space rented commuter rail cars, stations and other facilities; food and beverage service on the commuter railroads; parking revenue at MTA-owned facilities; fare reimbursements for the elderly and disabled; and interest income. Operating Expenses are the total costs incurred for the management and operation of a specific MTA agency. Also known as operating costs, these include salary, wage and other payroll costs, fringe benefits, materials, energy, professional services and depreciation. These expenses include depreciation. These expenses exclude any direct or indirect capital costs funded by the MTA Capital Program or other Capital sources such as the Connecticut Department of Transportation or the New York State Department of Transportation. Operating Deficit is the Operating Revenue minus Operating Expenses. This deficit is covered by subsidies from state and local governments, dedicated taxes and a portion of B&T’s operating income. It should be noted that with the exception of B&T, all MTA agencies operate at a deficit. This is the case for virtually every public transportation agency in the United States. |
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