Documents of the City of Boston, Issue 43 |
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Page 17
Such charges were made in violation of the Interstate Commerce Commission regulations with respect to maintenance ... These regulations , and normal accounting procedure , direct that such betterments be charged to capital account .
Such charges were made in violation of the Interstate Commerce Commission regulations with respect to maintenance ... These regulations , and normal accounting procedure , direct that such betterments be charged to capital account .
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 21
Summary of Charges to Maintenance which are not " Operating Expenses . " Provision for " Deferred Maintenance " existing on June 30 , 1918 , estimated $ 5,000,000 00 Betterments of track 2,997,832 14 Abandoned track charged to ...
Summary of Charges to Maintenance which are not " Operating Expenses . " Provision for " Deferred Maintenance " existing on June 30 , 1918 , estimated $ 5,000,000 00 Betterments of track 2,997,832 14 Abandoned track charged to ...
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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