Performance (September 2024):
The
Cost per Bus Passenger Trip of $9.43 in September exceeded the forecast by
$1.47. 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 September) Cost per Bus
Passenger Trip of $9.40 exceeded the forecast by $0.67. This unfavorable
variance was due to operating expenses coming in over the budget.