By: Diane Benjamin
I really hope you enjoy seeing huge empty or almost empty buses running all over Bloomington-Normal because you are paying for them!
The January finances are on online: http://www.connect-transit.com/documents/February%2028,%202017%20Regular%20Board%20Meeting%20Binder1.pdf
Income in January was a whooping $110, 632.
Expenses were $1,052,685.
Anybody see a problem?
Anybody see the same problem connect Transit has every month?
They lost $942,054 in ONE MONTH!
It wasn’t a bad month – that’s considered a budgeted loss!
See page 9 – Ridership continues to plummet. except for “demand response” in much smaller vehicles.
More stats from page 9:
Meanwhile, the cost for running “fixed route” and “demand response” skyrocketed. Maintenance expenses are also up even though many NEW buses are on the road.
Check out more stats on page 10.
Connect Transit is a failing miserably to meet almost all their benchmarks.
Bloomington will throw away another $1,188,050 next year on this failed social experiment to get you out of your car.
Normal has a line item labeled “Mass Transit” for $839,965.
Enjoy the empty buses! Because Connect Transit isn’t even trying to operate in the black, you have less money in your pocket!
Remember these facts the next time Renner mentions the “award-winning” bus system we have. Subsidizing failure is what government is REALLY good at!