PASSENGER TRANSPORT OPERATIONS. RECOMMENDATIONS ON A STANDARD FINANCIAL STATEMENT AND A ROUTE COSTING SYSTEM

As part of their duties under the local government act 1972, the new county councils will have an overall responsibility for transportation, planning and their co-ordination. The new authorities will be expected to draw up transport policies and programmes for submission to the department of the environment. In order to do this they will need to know details of cost and revenue information for a wide variety of patterns and levels of bus operation. At present the various classifications of operators who provide public road transport vary widely in their accountancy and information practices, and this paper gives recommendations for A standard financial statement and a route costing system. The layout of the standard financial statement is given and detailed notes are provided. The prime basis of the route costing system is time, although specific items are costed solely on a mileage basis. Appendices are given showing suggested cost allocations, layout, recommendations for allocating revenue to services and peak vehicle allocations. /TRRL/

  • Corporate Authors:

    Chartered Inst of Public Finance & Accountancy

    1 Buckingham Place
    London SW1E 6HS,   England 
  • Publication Date: 1974-4

Media Info

  • Features: Tables;
  • Pagination: 49 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00125535
  • Record Type: Publication
  • Source Agency: Transport and Road Research Laboratory (TRRL)
  • Files: ITRD, TRIS
  • Created Date: Apr 21 1982 12:00AM