Performance (May 2019):
The
Cost per Bus Passenger Trip of $3.99 in May was lower than the forecast by
$0.17, or 4%. This favorable variance was mostly due to operating expenses
coming under budget. The 2019 Fiscal Year-to-Date (months of July through May)
Cost per Bus Passenger Trip of $4.82 is exceeding the forecast by $0.67,
or 16%. This unfavorable variance is due to bus ridership falling short of the
forecast by 6.9 million unlinked passenger boardings.