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METRO reported January 2010 Fare Box Revenue again declined, -10.4% from
January 2009.
FY2010 (4 months) Fare Box is -6.11% below the same 4-month
period for FY2009, totaling approximately -$1,353,000.
The Fixed-Route Bus Boardings declined -0.37%, and the
decline for the past four (4) months of FY2010 totals -4.78%, or, -1,156,000 boardings!
The decline over the past 18 months is -16.15%, or -20,040,600 lost boardings.
The METRORail boardings declined a whopping -12.6% for January. The
METRORail boardings have experienced a four (4) month decline (FY2010) of -9.88%, or a decline in ridership of -371,500.
The decline over the past 18 months is -5.62%, or, -993,000 lost tram boardings.
The decline in Sales Tax Revenue for February was -14.76%. The decline in sales tax revenue for the four months of FY2010 is -$32,030,208.50.
The sales tax decline for the past 11 months is -9.52%, 05 -$47,675,000!
+++++++++++++
With both Sales Tax Revenue and METRO fixed-route bus and tram boardings
plummeting, there is no need to squander billions of precious taxpayer
resources on more Lee. P. Brown legacy boondoggle rail.
Tom Bazan
Houston, TX
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