Performance (February 2024):
The Cost per Bus Passenger Trip of $9.65 in
February was lower than the forecast by $0.29. This unfavorable variance was
due to operating expenses coming in under budget. The 2024 Fiscal Year-to-Date
(months of July through February) Cost per Bus Passenger Trip exceeded the
forecast by $1.63. This unfavorable variance was due to bus ridership falling
short of the forecast by 0.6 million unlinked passenger trips and operating
expenses coming in over budget.