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File #: 16-323    Version: 1 Name: Revenue Deficit Transit
Type: Informational Report Status: Placed on File
File created: 5/17/2016 In control: Finance and Audit Committee
On agenda: Final action: 5/26/2016
Title: From the Director, Department of Transportation, providing an informational report regarding a projected net revenue deficit in the amount of $2,060,000 as of May 12, 2016, due to the Growing Opportunities pass, general ridership decline, and Milwaukee Public Schools related changes in the Transit Division. (INFORMATONAL ONLY UNLESS OTHERWISE DIRECTED BY THE COMMITTEE)
Attachments: 1. REPORT, 2. CB Resolution

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From the Director, Department of Transportation, providing an informational report regarding a projected net revenue deficit in the amount of $2,060,000 as of May 12, 2016, due to the Growing Opportunities pass, general ridership decline, and Milwaukee Public Schools related changes in the Transit Division.  (INFORMATONAL ONLY UNLESS OTHERWISE DIRECTED BY THE COMMITTEE)

 

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