We present long-baseline Faint Object Spectrograph (FOS) spectra of th
e nuclear accretion disk in M87 (NGC 4486), offset from the nucleus by
0''.6 (42.7 pc) in order to avoid the nuclear continuum. Even so clos
e to the nucleus, the optical spectrum has the appearance of a normal
LINER galaxy. We show that the presence of strong UV emission lines pr
ovides a definitive test of the excitation mechanism; the disk is shoc
k excited, not photoionized by a UV continuum from the central source.
The shock velocity inferred (265 km s(-1)) is about one-half of the K
eplerian rotation velocity found earlier by Ford et al. Since shock di
ssipation appears to be the principal means of increasing the binding
energy of the accreting gas, we can use the FOS data and the luminosit
y profile of the accretion disk to estimate the rate of mass accretion
as a function of radius. We find that this rate decreases with decrea
sing distance from the nucleus, as the material becomes organized into
a cool and thin classical accretion disk in the inner regions. In the
outer disk, the accretion rate (similar to 4 M. yr(-1)) is comparable
to that determined for the X-ray-emitting cooling flow, showing that
a large fraction of the cooling gas can find its way into the nuclear
regions. The accretion rate near the nucleus (similar to 3 x 10(-2) M.
yr(-1)) is consistent with the properties of the relativistic jet and
its associated radio emission. Over the lifetime of the jets, about 1
0(7) M. of cool material may have accumulated in the nuclear regions,
allowing the formation of a disk that is optically thick to Thomson sc
attering where it becomes ionized close to the nucleus. We speculate t
hat LINER emission is a general property of the shocked dissipative re
gions of accretion disks in active galaxies with strongly sub-Eddingto
n accretion and may therefore be used as a diagnostic of these dissipa
tive accretion flows.