Documents of the City of Boston, Issue 43 |
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Page 42
We propose now to examine the actual policies of the Trustees with respect to the physical property of the road , in order to see what was done with this excessive charge . REHABILITATION AND EXPANSION OUT OF THE DEPRECIATION CHARGE .
We propose now to examine the actual policies of the Trustees with respect to the physical property of the road , in order to see what was done with this excessive charge . REHABILITATION AND EXPANSION OUT OF THE DEPRECIATION CHARGE .
Page 53
As we shall see , " rehabilitation " as used in the act means restoring the physical condition of the road , and does not mean the elimination of any financial impairment which existed at the start of Public Control .
As we shall see , " rehabilitation " as used in the act means restoring the physical condition of the road , and does not mean the elimination of any financial impairment which existed at the start of Public Control .
Page 54
From the point of view of the physical condition of the road , the expenditure of this sum , over and above amounts spent for replacements , resulted in expanding and bettering the system . It cannot be justified on the ground that it ...
From the point of view of the physical condition of the road , the expenditure of this sum , over and above amounts spent for replacements , resulted in expanding and bettering the system . It cannot be justified on the ground that it ...
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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