Performance (June 2024):
The
Cost per Bus Passenger Trip of $9.63 in June was lower than the forecast
by $0.19. This favorable variance was due to operating expenses coming in under
budget. The 2024 Fiscal Year-End (months of July through June) Cost per Bus
Passenger Trip of $9.03 exceeded the forecast by $0.28. This unfavorable
variance was due to bus ridership falling short of the forecast by 1.0 million
unlinked passenger trips and operating expenses coming in over budget.