Performance (March 2013 and Fiscal year-to-date):
The Cost per Bus Passenger Trip of $3.36 in March was better than the forecast of $3.66 by $0.30, or 8.2%. This favorable variance was due to net under-runs in budgeted expenses. The 2013 Fiscal Year-to-Date (months of July through March) Cost per Bus Passenger Trip of $3.37 is better than the forecasted $3.66 by $0.29, or 7.9%. This favorable variance is due to net under-runs in budgeted expenses.