By: Diane Benjamin
The financial statements from the year that ended June 30, 2018 are still not on the website. No audits are posted under Financial Information. What are they hiding? https://www.connect-transit.com/about/financial_information.asp
The empty buses came REALLY close to losing $1,000,000 in January: PDF page 7 https://www.connect-transit.com/documents/Meetings/Packets/RevisedFebruary%2026,%202019%20Board%20Packet.pdf
The money borrowed from capital funds hasn’t been repaid – PDF page 8.
Boardings per hour is skyrocketing! (sarcasm)
Moral of the story?
More riders equals bigger losses.