Performance (December 2018):
The Cost per Bus Passenger Trip of $5.52 in
December exceeded the forecast by $1.31, or 31%. This unfavorable variance was
due to bus ridership falling short of the forecast by 1.0 million unlinked
passenger boardings and operating expenses coming over budget. The 2019 Fiscal
Year-to-Date (months of July through December) Cost per Bus Passenger Trip
of $4.88 is exceeding the forecast by $0.71, or 17%. This unfavorable variance
is due to bus ridership falling short of the forecast by 4.5 million unlinked
passenger boardings.