The analytical review of the JUTC’s financial statements over the period FY2009/10 to FY2012/13, which was tabled in 2015, revealed a consistent fall in ridership and associated decline in revenue. An attempt to reassess JUTC’s performance through a five-year financial statement trend analysis was thwarted owing to the absence of financial statements for the period FY2017/18 and FY2018/19. Given JUTC’s mandate to provide a safe, reliable, modern, professional, efficient, and cost-effective transportation service to the Kingston Metropolitan Transport Region (KMTR), I commissioned a performance audit to determine the root cause of the reduction in the usage of the service provided by the JUTC over the years. The audit sought to determine whether JUTC had adequate internal controls to enable the entity to operate in an efficient and effective manner, such that commuters receive an acceptable level of service and taxpayers receive value for money.

Read more here: Jamaica Urban Transit Company Limited (Governance, Procurement and Operations Management)