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Capital costs are paid differently and so we can often safely ignore construction costs as they are a different budget. Putting maintenance into that capital b
by bluGill 1y ago
Capital costs are paid differently and so we can often safely ignore construction costs as they are a different budget.
Putting maintenance into that capital bucket though is accounting fraud and illegal. If you have a rail line the largest cost is regular maintenance which is based on time not wear until you have a very large number of trains running. So my point stands even if you separate the buckets.
- reaperducer 1y agoWhile you specifically call out "maintenance," it does happen that capital money is used for non-capital expenditures. https://www.trains.com/pro/passenger/pennsylvania-governor-approves-use-of-capital-funds-for-septa-operations/ https://www.trains.com/pro/passenger/pennsylvania-governor-a... Someone should let the governor of Pennsylvania know he's committing "accounting fraud."