Good News: Connect Transit is losing less than they budgeted

By: Diane Benjamin PDF page 7 – The budgeted loss for the year is $16,350,921. That means Connect should be losing $1,362,577 a month. In September they only lost $1,148,129. The budgeted loss increased $2,593,421 this year. See last fiscal year, PDF page 7 https://www.connect-transit.com/file/686/08%2023%202022_Board%20of%20Trustees%20Meeting%20Packet.pdf Over $13,000 was spent on Travel and Meetings, of course […]

April: Every ride on a bus was subsidized $4.89

By: Diane Benjamin The Connect Transit Board met back on May 24th: https://www.connect-transit.com/file/586/05%2024%202022_Board%20Meeting%20Packet.pdf Of course they lost over ONE MILLION DOLLARS. Ridership from March dropped 3.31%, maybe because service hours and miles dropped – See PDF page 8. Connect Mobility ridership was down .52%, every ride on their smaller buses had a subsidy of $32.75! […]