The Surface Transportation Board (STB) is charged with promoting substantive and procedural regulatory reform in the economic regulation of surface transportation, and with providing an efficient and effective forum for the resolution of disputes and the facilitation of appropriate business transactions. In the performance of its functions, the STB seeks to resolve matters brought before it fairly and expeditiously through the use of its regulatory exemption authority, the streamlining of the decisional process, and the consistent application of legal and equitable principles. The STB continues to strive to develop, through rulemakings and case disposition, new and better ways to analyze unique and complex problems, to reach fully justified decisions more quickly, and to reduce the costs associated with regulatory oversight.
Surface Transportation Board Budget
Surface Transportation Board Budget
(Dollars In Millions)
2008 Actual
2009 Enacted
2010 Budget
Salaries & Expenses
25
26
26
Fees
1
1
1
TOTAL
26
27
27
SUMMARY OF STB FY 2010 INCREASES AND DECREASES
Summary of STB FY 2010 Increases and Decreases
(Dollars In Millions)
Salaries & Expenses
Fees
Total
FY 2009 Base
26
1
27
Pay Inflation Adjustments
0
0
0
Non-Pay Inflation Adjustments
0
0
0
Annualization of FY 2009 Initiatives
0
0
0
Non-recurring Costs or Savings
0
0
0
Base Re-engineering, Reductions or Adjustments
0
0
0
FY 2010 Current Services Levels
26
1
27
FY 2010 Budget
26
1
27
FY 2010 Budget
FY 2010 Budget
The FY 2010 budget request for the STB totals $27 million, to be financed by appropriations and the offsetting collection of user fees. The STB, established in 1996 pursuant to the Interstate Commerce Commission Termination Act of 1995, is responsible for the economic regulation of the rail industry and the transportation of commodities by pipeline other than oil and gas. The STB is also responsible for certain non-licensing regulation of motor and water carriers.