UMSU has presented city councillors with an alternative financial analysis on the U-Pass program as it remains open to debates on any and all options to preserve the U-Pass program.
The analysis, conducted by UMSU President Jakob Sanderson, found that the net financial impact of the U-Pass program could be as little as $3.14 million after correcting several issues with the city’s report. This is much different than the $15 million initially cited by the city. The full analysis is linked here.
This document, presented to the chair of public works, Matt Allard, and Winnipeg Transit leadership on Monday, will be presented to all members of council as they weigh their decision on whether to save this program prior to Friday’s budget meeting, for a cost that is projected to be lower than that of the low-income bus pass or free transit for children 12 & under; two newly adopted initiatives in this budget.
Stated President Jakob Sanderson, “Students voted on the rate the city gave us. We were never given any other choice. We hope the city takes the work put into this analysis seriously and comes back to the table with a serious proposal to save this program. We are open to working towards a cost-neutral solution.”
The rate projected to be cost neutral per Sanderson’s analysis could be as low as $172.70, just a $12 increase on the recently approved rate. UMSU will be pushing for a deal to emerge before a budget vote is tabled and is open to all options at this point.
For media inquiries:
Contact Jakob Sanderson – firstname.lastname@example.org, p. 204.880.7367