Performance (December 2019):
The
Cost per Bus Passenger Trip of $5.85 in December was lower than the
forecast by $0.05, or 1%. This favorable variance was due to operating expenses
coming under budget (predominantly driven by lower than forecasted labor cost). The 2020 Fiscal Year-to-Date (months of July through December)
Cost per Bus Passenger Trip of $4.78 is lower than the forecast by $0.02,
or 0.4%. This favorable variance is due to operating expenses coming under
budget (predominantly driven by lower than forecasted labor cost).