by afiggatt
BandA wrote:So....a 7% increase...that'll keep Amtrak slightly ahead of inflation?The $1.5 billion is the funding total for the fiscal year 2017. Even if there is only 5 months left to go in the fiscal year, I think that does not make much difference as I believe the funds do not have to all spent or even allocated in this fiscal year beyond going into a US DOT account.
Is $1.5B for the 5 months May-Sep or is it an annualized figure?
The breakdown is $328 million for the NEC, $1.167 billion for the national network. $50 million of the total provided to Amtrak is to be spent on bringing stations and facilities to ADA compliance. In short, a $105 million increase over FY2016. What happens for FY2018 is, of course, TBD.
Here is a link to a House committee webpage with what is supposed to the final appropriations bill. Expected to be voted on and passed soon. Excerpts from the Division K PDF (warning legislative bill text):
NORTHEAST CORRIDOR GRANTS TO THE NATIONAL RAILROAD PASSENGER CORPORATION
The agreement provides $328,000,000 to allow the Secretary to make grants for activities associated with the Northeast Corridor (NEC), defined as the main line between Boston, Massachusetts and the District of Columbia, and the facilities and services used to operate and maintain the line. In addition, the agreement directs all operating profits related to the NEC to be assigned and used on the NEC, as required by section 24317(c)(l)(C) of title 49, United States Code. Amtrak projects a fiscal year 2017 net operating profit of $397,400,000 on the NEC, yielding a total funding level of $725,400,000 for the NEC.
The agreement allows Amtrak to undertake new capital projects and encourages Amtrak to prioritize strategic rail infrastructure improvements at critical points in the rail network that would improve current services or create new capacity.
The agreement allows Amtrak to transfer funding between the NEC and the National Network consistent with requirements under section 24317(f) and (g) of title 49, United States Code and requires Amtrak to report the amount of any transfer, the purpose, and effect on services consistent with section 24317(g)(2) of title 49, United States Code.
The agreement allows the Secretary to retain up to one-half of one percent of the total provided to Amtrak for project management and oversight costs and requires not less than $50,000,000 to bring Amtrak-served facilities and stations into compliance with the Americans with Disabilities Act. It also allows up to $5,000,000 of the Northeast Corridor Grants to fund the Northeast Corridor Commission expenses.
NATIONAL NETWORK GRANTS TO THE NATIONAL RAILROAD PASSENGER CORPORATIONOther stuff:
The agreement provides $1,167,000,000 to allow the Secretary to make grants for activities associated with the National Network. National Network Grants provide operating and capital funding for expenses of Amtrak's entire network, including long-distance routes that operate on the NEC. The agreement also provides that the Secretary may retain up to an additional $2,000,000 to fund expenses associated with the state supported route committee.
The agreement directs Amtrak and FRA to submit a detailed congressional budget justification consistent with the structure authorized in P.L. 114-94, to the House and Senate Committees on Appropriations for fiscal year 2018. The agreement also directs FRA to coordinate with Amtrak to complete the feasibility study on establishing service at airports that are adjacent to the mainline of the Northeast Corridor no later than 60 days after enactment of this Act, and directs Amtrak to provide a report no later than 120 days after enactment of this Act comparing actual food and beverage savings for fiscal year 2016 with projections.Why they even bother with these 60 and 120 day deadlines, I don't know, because Amtrak is not going to meet them. Make them 12 month deadlines or something that is plausible.
TIGER grant program survives for FY2017.
The agreement provides $500,000,000 for capital investments in surface transportation infrastructure, commonly known as the "TIGER" program, to remain available until September 30, 2020. The agreement does not include funding for planning or design Activities.