Performance (December 2023):
The
Cost per Bus Passenger Trip of $9.66 in December exceeded the forecast by
$0.86. This unfavorable variance was due to operating expenses coming in over
budget. The 2024 Fiscal Year-to-Date (months of July through December) Cost per
Bus Passenger Trip exceeded the forecast by $0.55. This unfavorable
variance was due to bus ridership falling short of the forecast by 0.6 million
unlinked passenger trips and operating expenses coming in over budget.