Performance (December 2024):
The
Cost per Bus Passenger Trip of $12.27 in December exceeded the forecast by
$3.83. This unfavorable variance was due to operating expenses coming in over
budget and bus ridership falling short of the forecast by 0.1 million. The 2025
Fiscal Year-to-Date (months of July through December) Cost per Bus
Passenger Trip of $9.52 exceeded the forecast by $1.16. This unfavorable
variance was due to operating expenses coming in over the budget and bus
ridership falling short of the forecast by 0.1 million.