Hampton Roads Transit CEO explains large "true up" after ridership drop
William Harrell, president and CEO of Hampton Roads Transit, told Hampton City Council the agency saw both sharp ridership declines and higher operating costs that produced an unusually large annual "true up." He said HRT will outline mitigation steps at a board meeting in Norfolk and return to brief the council.
The full story
William Harrell, president and CEO of Hampton Roads Transit, told Hampton City Council that the agency's recent "true up" reflected a combination of lower-than-expected fare revenue and higher operating costs.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in