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Preston fare surplus

18th September 1982, Page 14
18th September 1982
Page 14
Page 14, 18th September 1982 — Preston fare surplus
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Which of the following most accurately describes the problem?

PRESTON Borough Transport has reported that despite the recession and a forecast deficit, its bus fleet returned a surplus of E28,783 for the year up to March 31.

The 90-vehicle municipal bus fleet suffered a small reduction in passenger journeys (-2,9 per cent) but through good housekeeping turned a 1980-1 deficit of £52,990 to a surplus in 1981-82. The transport undertaking does not receive any revenue support and relies 100 per cent on fare-box revenue.