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Don Phillips column about Amtrak accounting
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<p>[quote user="Murphy Siding"]</p> <p>Why aren't Amtrak's books a matter of public record? <span style="font-size:12px;">[/quote]</span></p> <p><span style="font-size:12px;">Compared to most organizations, Amtrak is quite transparent about its accounting policies, procedures, and practices. However, to understand the details of its policies regarding the allocation of depreciation, interest, miscellaneous charges, etc., one would need access to the company's property accounting books and cost allocation models. I don't know of any company that makes these records and models available to the public.</span></p> <p><span style="font-size:12px;">One might be able to gain access to the property accounting records and cost allocation models by filing a Freedom of Information Act request. Amtrak may be able to claim that the information is restricted for competitive reasons. If the FIA request were successful, the person requesting the information would have to pay for the labor and copy costs required to produce the records, since I doubt one would be allowed to physically inspect the books at Amtrak's headquarters. </span></p>
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