Providence/Stoughton Line - Ownership and Financing

Ownership and Financing

The MBTA owns the track from Boston to the Rhode Island border. Track in Rhode Island is owned by Amtrak. The entire line is part of the Northeast Corridor.

As part of the 1988 Pilgrim Partnership Agreement, Rhode Island provides capital funding (including some of its federal formula funds) for MBTA expansion in the state. Massachusetts (through the MBTA) provides the operating subsidy for MBTA Commuter Rail service in return. Rhode Island also pays Amtrak to allow the MBTA to use its tracks.

Read more about this topic:  Providence/Stoughton Line

Famous quotes containing the word ownership:

    They had their fortunes to make, everything to gain and nothing to lose. They were schooled in and anxious for debates; forcible in argument; reckless and brilliant. For them it was but a short and natural step from swaying juries in courtroom battles over the ownership of land to swaying constituents in contests for office. For the lawyer, oratory was the escalator that could lift a political candidate to higher ground.
    —Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)