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Re: C&T commission meeting 1/24

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rltower

January 28, 2015 11:59AM

Registered: 16 years ago
Posts: 20

I was treasurer for the CTSMC operating company from 2006 to 2010 and according to my records the railroad made an operating profit in 2009 and 2010. 2007 was very close to break-even.

In computing operating profit (or loss), depreciation is not factored in, nor is the Commission office expense, which is generally fully covered by state appropriation. Also, separate accounts were maintained for capital expenses (locomotive rebuilds and heavy track work). They were paid for using Colorado and New Mexico state funds and not counted as operating costs.

Richard Tower

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Subject	Author	Posted
C&T commission meeting 1/24	Sam Seiber	January 26, 2015 10:54PM
Re: C&T commission meeting 1/24	John Cole	January 26, 2015 11:48PM
Re: C&T commission meeting 1/24	philip.marshall	January 27, 2015 01:45AM
Re: C&T commission meeting 1/24	Chris Walker	January 27, 2015 02:11AM
Re: C&T commission meeting 1/24	Tom Moungovan	January 27, 2015 06:16AM
Re: C&T commission meeting 1/24	Rich Murray	January 27, 2015 07:45AM
Re: C&T commission meeting 1/24	Earl	January 27, 2015 08:03AM
Re: C&T commission meeting 1/24	Jason Rose	January 27, 2015 11:09AM
Re: C&T commission meeting 1/24	BrianJ	January 27, 2015 12:23PM
Re: C&T commission meeting 1/24	cjack476	January 27, 2015 12:55PM
Re: C&T commission meeting 1/24	michael	January 27, 2015 05:36PM
Re: C&T commission meeting 1/24	Tomstp	January 28, 2015 08:45AM
Re: C&T commission meeting 1/24	edm3rd	January 28, 2015 09:15AM
Re: C&T commission meeting 1/24	Tom Peterman	January 28, 2015 09:20AM
Re: C&T commission meeting 1/24	rltower	January 28, 2015 11:59AM
Re: C&T commission meeting 1/24	Sam Seiber	January 28, 2015 12:35PM
Re: C&T commission meeting 1/24	rehunn	January 28, 2015 03:00PM
Re: C&T commission meeting 1/24	Steve Forney	January 30, 2015 07:56AM
Re: C&T commission meeting 1/24	Steve Forney	January 30, 2015 08:00AM
Re: C&T commission meeting 1/24	rltower	January 30, 2015 10:56AM
Re: Transcript of C&T commission meeting 1/24 ...	Russo Loco	January 30, 2015 12:42PM

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488 stops for water at Los Pinos tank on closing day Oct. 1979. Photo courtesy Don Richter

The NGDF was started by Don Richter and is currently operated in his memory by Nathan Holmes and others. Others who have contributed to the upkeep of this board are (in no particular order): Charles McCandless, Everett Lueck, Ted Wilton, Cole Adams, James Bane, John Moellmer, Jon Bentz, Linn Moedinger, lloyd lehrer, Rod Jensen, John Craft, Steven Forney, Herb Kelsey, Bill Ramaley, Russ Sperry (El Russo Loco), Josh McNeal, John West, Jim Armstrong, Bob Bergstrom, Greg Scholl, Blake Forbes Doug van Veelen and Mark Fuller.