by davinp
VRE leaders hope more people will feel the same way once COVID-19 vaccines have been distributed widely enough for offices to reopen, but they admit they don’t know how commuting patterns might be permanently altered by the pandemic. Even Friedman said he’s not sure he’ll go back to his old routine.
In its proposed 2022 budget, VRE staff acknowledged how little certainty there is regarding future ridership, declining to include a typical six-year forecast of expenses and revenues.
“The projection is intended normally to demonstrate the sustainability of VRE’s budget and to highlight areas of potential risk so that they can be addressed in advance,” said Mark Schofield, the system’s chief financial officer. “Doing a forecast like this at this moment would include highly uncertain estimates on a number of variables, particularly including ridership"
https://www.insidenova.com/headlines/vr ... 580ca.html
In its proposed 2022 budget, VRE staff acknowledged how little certainty there is regarding future ridership, declining to include a typical six-year forecast of expenses and revenues.
“The projection is intended normally to demonstrate the sustainability of VRE’s budget and to highlight areas of potential risk so that they can be addressed in advance,” said Mark Schofield, the system’s chief financial officer. “Doing a forecast like this at this moment would include highly uncertain estimates on a number of variables, particularly including ridership"
https://www.insidenova.com/headlines/vr ... 580ca.html
