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[quote user="Phoebe Vet"] NCRR is owned by NCDOT and the funds they are disbursing are primarily Federal grants and lease payments from CSX and NS. [/quote] As per the company's annual report, the company is a stock company owned by the state of North Carolina. Its corporate structure is similar to Amtrak, i.e. it is a capital stock company, and the stock is held exclusively by a government entity. It gets substantial support from North Carolina's taxpayers, primarily in the form of capital infusions, as per my previous post, as well as substantial capital support from NSR. NCRR has gotten substantial infusions of capital from the federal government, primarily in the form of ARRA funds, to upgrade the portions of its rights-of-way that will be used for high speed rail.  The funds from the federal government flow through NCDOT. The initial claim that it gets no support from NC is incorrect.
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