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Itinerary Bus Stop
Friday April 05, 2013

Unveiling of the 2012 financial results -The Réseau de transport de Longueuil reports a surplus of $152,000

During its April 4th public meeting, the Réseau de transport de Longueil (RTL) submitted to the Board of Directors its audited financial statement for the financial period ending December 31st, 2012. The surplus of revenues over expenditures was $152,000.
« The RTL’s main concern is the individual. And the record 34 million trips in 2012, or the highest rate in the history of the RTL, is a clear evidence of this. Besides its sound financial management, its performance and its operational efficiency, the RTL sets itself apart in terms of services to the population making it a major player in the public transit scene » declared Caroline St-Hilaire, President of the RLT.
In 2012, the RTL made 34 million regular trips. Furthermore, there were almost 360,000 paratransit trips, that is, 7,609 more trips than the previous year or an increase of 2.2%.
Overall, in 2012, the RTL generated revenues of $153.1 M.
Revenues 2012.

Costs 2012.

* Transport costs: $7.3M for paratransit, $1.4M for shared taxis, $3.9M for contribution to the Mont-Saint-Hilaire/Montréal commuter train and $0.7M for various transport costs
** Non durable goods: fuel $10.3M, parts and supplies $7.8M, public services $2.0M
*** Maintenance, repairs and services: $1.7M maintenance and building repair costs, $1.9M technical services, $2.0M contribution for use of metropolitan equipments, $2.8M overhead costs, $1.2M rental costs, professional fees and others.
Finally, the RTL invested $7M in its capital assets. Most of the procurement projects are subsidized under different government programs. From this amount, $4.6M was to acquire 8 conventional low-floor buses in order to address mitigation measures related to roadworks on the RTL’s territory. 100% of this amount was subsidized by the MTQ. The $2.4M balance was invested in the asset maintenance program, in IT infrastructures and technological innovations.
About the RTL
The Réseau de transport de Longueuil (RTL) is the third public transit organization in importance in Québec with a territory serving the five cities in the Longueuil agglomeration, or 282.4 km2. It serves a population of almost 403,000, and makes more than 139,000 trips each day. A survey done in 2010 showed a customer satisfaction rate of 94%.
In 2012, the RTL had a record year in traffic with 34 million regular service trips.  Being the 4th most important employer in the Longueuil agglomeration with 1,069 employees, the RTL is a major player in the region’s economic vitality. With its mission to increase the quality of life of the citizens on its territory by meeting their always evolving transportation needs, the RTL invests a lot of efforts in assuring that its fleet of over 400 buses is reliable.

See all the press release