Performance (December 2024):
The
Cost per Rail Passenger Trip of $14.49 in December exceeded the forecast
by $6.19. This unfavorable variance was due to operating expenses coming in
over budget and rail ridership falling short of the forecast by 0.4 million. The
2025 Fiscal Year-to-Date (months of July through December) Cost per Rail
Passenger Trip of $11.09 exceeded the forecast by $3.36. This unfavorable
variance was due to rail ridership falling short of the forecast by 2.6 million
unlinked passenger trips and operating expenses coming in over budget.