Performance (December 2022):
The Cost per Bus Passenger Trip of $9.01 in
December was lower than the forecast by $0.24. This favorable variance was due
to operating expenses coming in under budget. The 2023 Fiscal Year-to-Date
(months of July through December) Cost per Bus Passenger Trip of $9.33 exceeded
the forecast by $0.29. This unfavorable variance was due to bus ridership
falling short of the forecast by 0.4 million unlinked passenger trips and operating
expenses coming in over budget.