Muni’s on time rate nudges up Q4 2011
Muni’s on time rate was slightly more timely than usual, now 71.7% for 2011 Q4 compared to Q3’s 71.1%. This ratio continues to fall short of the voter mandated 85% on time rate from 1999’s Prop E. The record for best on time rate based on Prop E’s measurement was set in July 2010: 75%.
Your headline is misleading. It indicates that there has been improvement but the increase is so insignificant that it is meaningless. The headline should read – “MUNI CONTINUES TO FAIL!”
The more important question is why did Muni peak at 75% then decline? I know some of the answers; that might make an interesting future article here.