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Indigo presents fiscal sustainability study update as agency plans revenue and cost options
Summary
Indigo staff updated the board on a fiscal sustainability study that will model revenue and expense scenarios, benchmark peers, and propose measurable actions to maintain transit services amid constrained funding options.
Indigo staff provided an update on a fiscal sustainability study intended to identify options for revenue growth, cost efficiencies and capital reinvestment strategies to sustain service delivery.
Chief Development Officer Brooke Thomas described the study as a pivotal effort to address long-term fiscal pressures and to align with Indigo’s recently updated strategic plan. Thomas said agency options to increase operational revenue are limited…
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