A decision from the past to hold the line on bus fares is taking a bite out of revenues for the City of Prince Rupert, that was the basic theme to a response to questions from City Councillor Blair Mirau at Monday's Prince Rupert city council session.
The Councillor spoke to the topic as part of the September Financial Variance Review Financial Officer Corinne Bomben's , which as the Mr. Mirau noted featured a decline in revenues of five to six percent from this time last year.
From the Year to Date findings of September, Prince Rupert Transit had brought in $236,805, that is a reduction from the findings of last year at this time when the Transit service had registered revenues of $251,313
While the revenues are down, the expenses cost compared to last year were for the most part even.
In her reply, the CFO confirmed the Councillor's suspicion that the drop had come from holding the line on the fare box.
"There have been no fare increases for the last few years, it's just a reflection of a lower cash ridership that's all"
You can explore the transit theme and other notes from the Financial Variance Report through the City's Video Archive starting at the 5:30 mark of the night's proceedings.
For some past notes on Transit in Prince Rupert and Port Edward see our archive page here.
Further notes on Monday's Prince Rupert Council session can be found from our Council Timeline Feature, while a more expanded look at Council Discussion themes can be found on our Council Discussion archive page.
Cross posted from the North Coast Review.
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