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Mountain Division History and Financial Overview

Mountain Division History and Financial Overview

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Published by lewiskamb
Tacoma Rail PowerPoint on Mountain Division's history and finances.
Tacoma Rail PowerPoint on Mountain Division's history and finances.

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Published by: lewiskamb on Jul 10, 2011
Copyright:Attribution Non-commercial

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07/10/2011

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Mountain DivisionTRMW
 
History
Tacoma Eastern 1887
The Milwaukee 1920
Chehalis Western 1977
Tacoma Eastern 1993
Tacoma Rail MountainDivision 1998
1999 (1
st
full Year)
Customers: 3
Revenue: $136,035
Grants: $ 0
1998 to 2007 Totals
Revenue: $ 10,616,202
Grants*: $ 21,911,521
*$ 8.9 M still pending
“Given the condition of the
track, it will take 10 years ofupgrades to get it to where
it needs to be.”
-Dennis Dean, 1998
 
Operating Agreement
2004 Memorandum of Agreement
Last extension
December 31, 2008
Cash balance: $117,762
January 2009 close cash balance: ($386,812)
Whichever comes first:
March 31, 2009
When the remaining operating funds are exhausted
Previous extensions
December31, 2007
September30, 2008
December31, 2008

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