Transit Costs Climb
Prince George, B.C. – Use of Transit in Prince George has slipped over the past couple of years, and the costs have risen.
While Prince George City Council has approved the 2016/17 Annual Operating Agreement with B.C. Transit , the cost to the City will be about $149,440 more on a fiscal year basis.
For the 2016 calendar year, the boost works out to about $112,080.
The increase in cost attributed to:
- Variable costs increase as a result of an increase in service hours due to fewer statutory holidays within the 2016/2017 operating year ( shift of Easter weekend)
- An inflationary increase in the operating company’s fixed costs which includes all of the company’s overhead (non-driver and non-mechanical)
- An increase in driver’s wages and benefits
- Variable fuel costs are budgeted at a fuel price of $1.28 per litre
In a presentation to Council, B.C. Transit’s Senior Regional Transit Manager, Chris Fudge, pointed out that ridership has slipped from a five year high of 2.032 million in 2013/14 to 1.877 million in the 2015/16 fiscal year. He says part of the reason for the slide is a decline in enrollment at UNBC.