I was looking for the city’s 2018 comprehensive annual financial report and was only able to find the 2017 one.
I suppose that the new one will be out soon.
In the 2017 report I found this:
Sun Metro Mass Transit operating revenues decreased $676 thousand to $11.6 million primarily due to decreased revenues from fares. Ridership has slipped as lower gas prices offer alternatives for transportation. The sales tax subsidy increased $862 thousand.
Operating expenses increased $1.1 million to $80.1 million…
Fuel expense decreased $774 thousand..
Maintenance and repair decreased $985 thousand
It cost $80 million to run the service. They collected $11.6 million from their customers.
They lost customers. They benefited from lower fuel prices.
Yet even after the fuel and repair savings they spend $1.1 million more.
We deserve better