By: Diane Benjamin
See the September report here: https://drive.google.com/file/d/0B4zAZemF_qQuX0JzckFHNFZJV1k/view
Revenue from riders doesn’t come close to pay the wages of the employees:
The total operating loss appears to not be a red flag for anybody:
Government can’t come up with a way to transport people without losing $833,895 in one month?
The loss would be less without expenses like these:
Page 19 claims Fixed Route ridership is up over last year:
Connect Mobility was up too:
The operating loss for September 2016 was $877,994.44. https://drive.google.com/file/d/0B4zAZemF_qQuZEhveVl3aVMzakE/view
Because of this increase in riders: Connect lost $44,099 less.
The audited financial statements are included in the packet:
Keep in mind – losses like these (and much worse) are happening across the country, your taxes are paying for it.
See the Board of trustees here: https://www.connect-transit.com/about/trustees/default.asp