NRoute remains in the black financially as the city’s public transportation system enters the second half of the 2015 fiscal year, the system’s Board of Commissioners learned Wednesday.

“The cash balance remains steady,” said Nathan Cummins of May & Co., NRoute’s accountant.

According to the balance sheet Cummins presented to the board, NRoute currently has a total cash balance of $25,123.23 heading into the end of May.

He mentioned the system has received some funds since the report was prepared.

“So there’s actually more cash in the bank than the $20,000 (in accounts receivable) reflected at this point,” he said.

According to the system’s profit and loss statement for April, NRoute as of April 30 showed a net income of $25,165.54, about a $458 increase over the same period for fiscal 2014, which was $24,707.25. Part of the reason, Cummins said, was the $30,100 in county funds dedicated to NRoute that was delivered in April.

In a comparison of the transit system’s budget versus actual funds, NRoute at the close of April was under budget for revenues by about $165,781.

It was also under budget by about $190,801 in expenses, leaving it with a net income of $25,025.21.

In other action, the commissioners:

• Learned as of Wednesday total ridership for the fiscal year was up by 1,277 people, from 29,225 for the same period in fiscal 2014, to 30,502. Total revenue from fares for the same period, however, were down by $3,128.23, from $72,686.44 in 2014 to $69,558.21 as of Wednesday.

• Approved the following committee appointments: Don Brown and Eva Ford, personnel; Mark Buys and Bobbie Bingham Morrow, finance; Alvin Taylor and Bobbie Bingham Morrow, planning; Alvin Taylor and Mark Buys, bylaws; and Don Brown and Alvin Taylor, nominating.