Performance (February 2025):
The
Cost per Bus Passenger Trip of $10.61 in February exceeded the forecast by
$2.24. This unfavorable variance was due to operating expenses coming in over
budget and bus ridership falling short of the forecast by 0.3 million unlinked
passenger trips. The 2025 Fiscal Year-to-Date (months of July through February)
Cost per Bus Passenger Trip of $9.79 exceeded the forecast by $1.20. This unfavorable
variance was due to operating expenses coming in over the budget and bus
ridership falling short of the forecast by 1.1 million.