By: Diane Benjamin
The Bloomington City Council is holding a Committee of the Whole meeting tonight: http://www.cityblm.org/Home/ShowDocument?id=21055
On the agenda:
Annual report to be given by Isaac Thorne, General Manager at Connect Transit.
Thorne will tout the new electric buses and solar infrastructure. He will also talk about locations in downtown Bloomington for the transfer station.
Thorne will also reveal ridership in the last 10 years increased 8.5% or 102,000 trips. Since they now operate 7 days a week, that’s 279 trips per day – not people since if they switch buses they are counted twice.
November 2012 is the oldest report Connect still has on-line. It shows:
Total Revenue without subsidies: $141,666 PDF page 31: https://www.connect-transit.com/documents/Meetings/Packets/January%2022,%202013%20Board%20Packet10.pdf
Total Expenses were $928,038.
Actual loss: $786,372.
Subsidies totaled $788,313.
Keep that date in mind!
So how does 2012 compare with November 2018? Keep in mind Thorne will glow talking about increasing ridership:
Total Revenue without subsidies: $114,157 PDF page 8 https://drive.google.com/file/d/12GPc_b8oSqw33McgRR2arPqOi90ahvaG/view
Total Expenses were: $1,020,327
Actual Loss: $906,170
Subsidies totaled $894,000 ($83,333 came from Bloomington and Normal – they weren’t paying in 2012)
Moral of this story:
Increasing the number of rides means losing more money!
PDF page 16 – changing routes decreased riders:
(stop laughing . . . . . now)
Next years budget and Joni Painter wanting the ban on new video gaming expanded. Yes, the morality police are out.