Performance (January 2025):
The
Cost per Bus Passenger Trip of $10.94 in January exceeded the forecast by
$0.73. This unfavorable variance was due to bus ridership falling short of the
forecast by 0.7 million. The 2025 Fiscal Year-to-Date (months of July through January)
Cost per Bus Passenger Trip of $9.68 exceeded the forecast by $1.06. This unfavorable
variance was due to operating expenses coming in over the budget and bus
ridership falling short of the forecast by 0.8 million.