Performance (February 2024):
The Cost per Rail Passenger Trip of $9.57
in February exceeded the forecast by $0.89. This unfavorable variance was due to
operating expenses coming in over budget. The 2024 Fiscal Year-to-Date (months
of July through February) Cost per Rail Passenger Trip exceeded the
forecast by $1.60. This unfavorable variance was due to rail ridership falling
short of the forecast by 0.2 million unlinked passenger trips and operating
expenses coming in over budget.