United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2005-10-04 monographic deposited born digital 165 p. GA 1.13:GAO-06-145 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-06-145 P0b002ee180385130 f:d06145 DGPO 2010-08-12 2011-03-24 GAOREPORTS-GAO-06-145 machine generated eng fdlp REPORT GAOREPORTS-GAO-06-145 GAO-06-145 Accountability Cost control Financial management Financial management systems Internal controls Performance measures Procurement planning Procurement policy Procurement practices Railroad industry Strategic planning Systems analysis Performance plans Transparency Business planning Financial reporting Other Written Product A39018 Amtrak has struggled since its inception to earn sufficient revenues and operate efficiently. In June 2002, Amtrak's new president began major efforts to improve efficiency. However, the financial condition of the company remains precarious, requiring a federal subsidy of more than $1 billion annually. Capital backlogs are now about $6 billion, with over 60 percent being attributable to its mainstay Northeast Corridor service. GAO reviewed Amtrak's (1) strategic planning, (2) financial reporting and financial management practices, (3) cost containment strategies, (4) acquisition management, and (5) accountability and oversight. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-06-145/html/GAOREPORTS-GAO-06-145.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-06-145/pdf/GAOREPORTS-GAO-06-145.pdf GAO-06-145 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-06-145 Other Written Product GAO-06-145; Amtrak Management: Systemic Problems Require Actions to Improve Efficiency, Effectiveness, and Accountability; Accountability Cost control Financial management Financial management systems Internal controls Performance measures Procurement planning Procurement policy Procurement practices Railroad industry Strategic planning Systems analysis Performance plans Transparency Business planning Financial reporting