Page:United States Statutes at Large Volume 108 Part 2.djvu/202

 108 STAT. 918 PUBLIC LAW 103-272—JULY 5, 1994 tions for technology demonstration, and a schedule for carrying out the plan. (c) COOPERATION.—To make efforts to increase train speed throughout the intercity rail passenger system easier, Amtrak shall consult and cooperate, to the extent feasible, on request of eligible applicants proposing a technology demonstration authorized and financed under a law of the United States, with those applicants. §24315. Reports and audits (a) AMTRAK ANNUAL OPERATIONS REPORT.— Not later than February 15 of each year, Amtrak shall submit to Congress a report that^ (1) for each route on which Amtrak provided intercity rail passenger transportation during the prior fiscal year, includes information on— (A) ridership; (B) passenger-miles; (C) the short-term avoidable profit or loss for each passenger-mile; (D) the revenue-to-cost ratio; (E) revenues; (F) the United States Government subsidy; (G) the subsidy not provided by the United States Government; and (H) on-time performance; (2) provides relevant information about a decision to pay an officer of Amtrak more than the rate for level I of the Executive Schedule under section 5312 of title 5; and (3) specifies— (A) significant operational problems Amtrak identifies; and (B) proposals by Amtrak to solve those problems. (b) AMTRAK GENERAL AND LEGISLATIVE ANNUAL REPORT.— (1) Not later than February 15 of each year, Amtrak shall submit to the President and Congress a complete report of its operations, activities, and accomplishments, including a statement of revenues and expenditures for the prior fiscal year. The report— (A) shall include a discussion and accounting of Amtrak's success in meeting the goal of section 24902(b) of this title; and (B) may include recommendations for legislation, including the amount of financial assistance needed for operations and capital improvements, the method of computing the assistance, and the sources of the assistance. (2) Amtrak may submit reports to the President and Congress at other times Amtrak considers desirable. (c) SECRETARY'S REPORT ON EFFECTIVENESS OF THIS PART. — The Secretary of Transportation shall prepare a report on the effectiveness of this part in meeting the requirements for a balanced transportation system in the United States. The report may include recommendations for legislation. The Secretary shall include this report as part of the annual report the Secretary submits under section C08(a) of this title. (d) INDEPENDENT AUDITS. —An independent certified public accountant shall audit the financial statements of Amtrak each year. The audit shall be carried out at the place at which the financial statements normally are kept and under generally

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