Performance (August 2024):
The Cost per Bus Passenger Trip of $8.48 in
August was lower than the forecast by $1.41. This favorable variance was due to
operating expenses coming in under budget and bus ridership exceeding the
forecast by 0.1 million. The 2025 Fiscal Year-to-Date (months of July through August)
Cost per Bus Passenger Trip of $9.38 exceeded the forecast by $0.27. This unfavorable
variance was due to operating expenses coming in over the budget.