NATIONAL
RAILROAD PASSENGER CORPORATION
530
Water Street 51h Floor, Oakland, CA 94607
Tel.
510.238.2671 Fax. 510.238.4397 (ATS: 764)
Date
November 2, 2006
TO: TRAC
Members & Guests
From: Jonathan
Hutchison
Departmen: t Government
Affairs -
Oakland
Subject: Amtrak
Update
This memo provides a brief
summary of key
Amtrak issues, along with infonnation tailored to the trains serving
California.
Amtrak's FY07
Appropriation:
Amtrak
receives its operating and capital funding via an annual appropriation.
To
date, the House of Representatives has approved Amtrak's FY07 funding
level to
be $1.114 billion; the Senate approved $1.4 billion for Amtrak in July.
Amtrak's FY07 appropriation will be decided when Congress returns
following the
November elections. In the interim, Amtrak's funding is being provided
via a
Continuing Resolution approved at $1.114 billion. As infonnation, for
FY07,
Amtrak requested $ 1.598 billion and the Administration proposed $900
million.
Amtrak
Reauthorization:
The
Senate did not debate Senator Lot!'s Amtrak Reauthorization bill
(S.1516)
before it adjourned on September 29'" and it's unlikely it will be
addressed when the Senate returns following the November elections. At
this
point, the legislation's future is unknown.
Ridership
& Revenue:
Amtrak's
Fiscal Year (FY06) ended on September 30'h, and marked the fourth
consecutive
year of record system ridership and revenue. Following is information
pertaining to the entire system, as well as, routes serving California:
Amtrak Sept. 06 System
Ridership:
1,938,601 (-3.0% vs. 9/05)
Amtrak Sept. 06 System
Revenue:
$112,761,356 (+7.4% vs. 9/05)
FY06
System Ridership: 24,306,965 (+Ll% vs. FY05)
FY06
System Revenue $1,371,271,855 (+10.7% vs. FY05)
