Hampton Roads Transit operates on a fiscal year that runs from June 30 to July 1. Previously, HRT posted every month an operating financial summary on this page to help the public understand the cost of providing transit services on a city-by-city basis. In an effort to improve reporting, HRT will now issue quarterly summaries. The first one will be in October, reflecting the fiscal quarter encompassing July through September. As before, click on the link to see the service hours, the service cost per hour, the farebox recovery rate for each mode of transit, the total operating cost for each of the services provided to the region's municipalities and the state, federal and local assistance provided to deliver the service.
| Items | March 2013 YTD Budget | March 2013 YTD Actual | March 2013 YTD Variance |
|---|---|---|---|
| Operating Revenue | |||
| Passenger Fares | $13,307,054 | $11,129,295 | $(2,177,759) |
| Auxiliary and Non-Transportation Revenue | 1,189,131 | 1,055,133 | (133,998) |
| Total Operating Revenue | $14,496,185 | $12,184,428 | -2,311,757 |
| Expenses | |||
| Personnel Services | $41,401,273 | $40,044,051 | $(1,357,222) |
| Services | 3,919,347 | 3,806,445 | (112,902) |
| Materials and Supplies | 10,957,712 | 9,487,658 | (1,470,054) |
| Utilities | 1,251,948 | 1,035,910 | (216,038) |
| Casualty and Liability | 5,578,992 | 4,490,676 | (1,088,316) |
| Purchased Transportation | 6,109,945 | 6,101,289 | (8,656) |
| Fees, Leases, and Miscellaneous | 958,619 | 935,242 | (23,377) |
| Total Expenses | $70,177,836 | $65,901,271 | $(4,276,565) |