Some city councillors are reportedly demanding more financial information from Bixi before it votes to approve an additional $360,000 in funding for the strugging bike-sharing service.
The Montreal Gazette reports Snowdon councillor Marvin Rotrand and other councillors are expressing concern following "disquieting rumours" that the service has suffered a significant drop in ridership this year, but there will be no detailed report available to city hall until September.
A city-controlled company was created to take over Bixi after Système de vélo en libre-service, its prior owners, amassed a debt of almost $50 million and filed for bankruptcy protection in January.
"Before we took over at City Hall, we were given a financial portrait of SVLS," Montreal Mayor Denis Coderre said in January. "The picture was grim, to say the least."
City hall approved a $5-million budget to help the company survive 2014, according to the Gazette, and gave the service a $165,000 subsidy as well as a $460,000 short-term loan that Bixi has yet to pay back.