Documents of the City of Boston, Issue 43 |
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Page 16
We are thus able to present , in the schedules annexed to this report as Exhibit A , a large number of track rebuilding projects , involving betterments of track , which were charged by the Trustees to maintenance and therefore to the ...
We are thus able to present , in the schedules annexed to this report as Exhibit A , a large number of track rebuilding projects , involving betterments of track , which were charged by the Trustees to maintenance and therefore to the ...
Page 19
In addition to expenditures incurred by the Trustees , to take care of “ Deferred Maintenance , ” we have also found a number of cases of betterments of equipment which are charged to maintenance and therefore to the cost of service .
In addition to expenditures incurred by the Trustees , to take care of “ Deferred Maintenance , ” we have also found a number of cases of betterments of equipment which are charged to maintenance and therefore to the cost of service .
Page 20
... kind is in use and faithfully carried out , it is a practical impossibility for an auditor to distinguish accurately between what are additions and betterments and charges which should be made to renewal or depreciation accounts .
... kind is in use and faithfully carried out , it is a practical impossibility for an auditor to distinguish accurately between what are additions and betterments and charges which should be made to renewal or depreciation accounts .
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Common terms and phrases
actual addition amount amounts charged analysis annual appears attributable authority balance Beeler began betterments Boston Elevated Railway capital cars charged the replacement charged to maintenance City of Boston clear Commonwealth Company completely consider considerable construction continued cost of service course created December 31 Deferred Maintenance deficit Department depreciation charge determine Elevated Railway Company entire equipment estimate examination excess existing on June expenditures expenses fact fares figure Finance Commission impairment increased June 30 limited losses ment months necessary occurring operating condition original paid past period physical plant possible powers prior private management problem projects proper charge Public Control question reason records rehabilitation replacement fund reserve result retirements road schedules seen shown situation stockholders Street taken tion track true Trustees yearly