Performance (February 2019):
The Cost per Bus Passenger Trip of $4.74 in
February exceeded the forecast by $0.57, or 14%. This unfavorable variance was
due to bus ridership falling short of the forecast by 0.3 million unlinked
passenger boardings and operating expenses coming over budget. The 2019 Fiscal
Year-to-Date (months of July through February) Cost per Bus Passenger Trip
of $4.82 is exceeding the forecast by $0.66, or 16%. This unfavorable variance
is due to bus ridership falling short of the forecast by 5.7 million unlinked
passenger boardings.