Abstract:
THE 9350 MILES OF THE SYSTEM ARE CONTROLLED BY 488 ROUTE SECTIONS, EACH OF WHICH IS USED AS A BASIC PROPERTY UNIT FOR ACCOUNTING AND OTHER RECORD PURPOSES. THE PROCEDURES FOR THE INVESTMENT ACCOUNTING ARE FULLY INTEGRATED WITH THE REGULAR BOOKS OF ACCOUNT AND WITH THE NORMAL DAILY ROUTINE OF THE REGULAR EMPLOYEES. THE LEDGERS SHOW FOR EACH ROUTE SECTION THE ANNUAL COST OF CONSTRUCTION, THE RETIREMENTS OF INVESTMENT, AND PRESENT REMAINING INVESTMENT FOR THE FOLLOWING ITEMS: ROADWAY SURFACE (BY TYPE); ROADWAY BASE (BY TYPE); GRADING, CULVERTS, AND DRAINAGE; STRUCTURES 20 TO 200 FEET SPAN, STRUCTURES OVER 200 FEET LONG, TRAFFIC SERVICES; ROADSIDE IMPROVEMENT; AND RIGHT OF WAY. CONTINUATION OF THE ROAD LIFE STUDIES AND KEEPING OF THE MILEAGE LOG ARE ALSO A PART OF THE DAILY ROUTINE, SO THAT ALL THREE ACTIVITIES- INVESTMENT, MILEAGE CONTROL, AND ROAD LIFE-ARE COORDINATED IN A MANNER TO INSURE ACCURACY, COMPLETION OF RECORDS AND REPORTS ON SCHEDULE, AND THE MINIMUM HANDLING OF PAPERS AND ACCOUNTS. /AUTHOR/
Supplemental Notes:
Vol 21, pp 23-42, 7 TAB; part of Report of Committee on Uniform Accounting. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
