[Federal Register Volume 81, Number 126 (Thursday, June 30, 2016)]
[Notices]
[Pages 42784-42785]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-15546]
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SURFACE TRANSPORTATION BOARD
Indexing the Annual Operating Revenues of Railroads
The Surface Transportation Board (STB) is publishing the annual
inflation-adjusted index factors for 2015. These factors are used by
the railroads to adjust their gross annual operating revenues for
classification purposes. This indexing methodology ensures that
railroads are classified based on real business expansion and not from
the effects of inflation. Classification is important because it
determines the extent to which individual railroads must comply with
STB reporting requirements.
The STB's annual inflation-adjusted factors are based on the annual
average Railroad's Freight Price Index which is developed by the Bureau
of Labor Statistics (BLS). The STB's deflator factor is used to deflate
revenues for comparison with established revenue thresholds.
The base year for railroads is 1991. The inflation index factors
are presented as follows:
[[Page 42785]]
STB Railroad Inflation-Adjusted Index and Deflator Factor Table
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Year Index Deflator
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1991.......................................... 409.50 \1\ 100.00
1992.......................................... 411.80 99.45
1993.......................................... 415.50 98.55
1994.......................................... 418.80 97.70
1995.......................................... 418.17 97.85
1996.......................................... 417.46 98.02
1997.......................................... 419.67 97.50
1998.......................................... 424.54 96.38
1999.......................................... 423.01 96.72
2000.......................................... 428.64 95.45
2001.......................................... 436.48 93.73
2002.......................................... 445.03 91.92
2003.......................................... 454.33 90.03
2004.......................................... 473.41 86.40
2005.......................................... 522.41 78.29
2006.......................................... 567.34 72.09
2007.......................................... 588.30 69.52
2008.......................................... 656.78 62.28
2009.......................................... 619.73 66.00
2010.......................................... 652.29 62.71
2011.......................................... 708.80 57.71
2012.......................................... 740.61 55.23
2013.......................................... 764.19 53.53
2014.......................................... 778.41 52.55
2015.......................................... 749.22 54.60
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\1\ Ex Parte No. 492, Montana Rail Link, Inc., and Wisconsin Central
Ltd., Joint Petition For Rulemaking With Respect To 49 CFR 1201, 8
I.C.C. 2d 625 (1992), raised the revenue classification level for
Class I railroads from $50 million (1978 dollars) to $250 million
(1991 dollars), effective for the reporting year beginning January 1,
1992. The Class II threshold was also raised from $10 million (1978
dollars) to $20 million (1991 dollars).
Effective Date: January 1, 2015.
For Further Information Contact: Pedro Ramirez 202-245-0333.
[Federal Information Relay Service (FIRS) for the hearing impaired: 1-
800-877-8339]
By the Board, William F. Huneke, Director, Office of Economics.
Brendetta S. Jones,
Clearance Clerk.
[FR Doc. 2016-15546 Filed 6-29-16; 8:45 am]
BILLING CODE 4915-01-P