Performance (March 2024):
The
Cost per Rail Passenger Trip of $8.83 in March was lower than the forecast
by $1.48. This favorable variance was due to operating expenses coming in under
budget. The 2024 Fiscal Year-to-Date (months of July through March) Cost per
Rail Passenger Trip of $8.75 exceeded the forecast by $0.27. 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.