The deadline has come and gone for the City of Moncton's final offer to transit workers.

The union representing Codiac Transpo workers failed to accept the city's proposal by 4 p.m. and the latest contract offer was pulled off the table.

"We have been clear with the union that any future offer won't contain the wage package that is currently on the table, it will be less," stated city spokesperson Paul Thomson.

The union had proposed a 4.2 per cent raise, but the city says a 2.5 per cent raise per year is fair.

The union says a strike notice is not being considered at this time.

"No immediate plans, no," said Amalgamated Transit Union Local 1290 President, George Turple. "We are going to continue to move transit and that has always been our goal and that will continue to be our goal."

Thomson says adjusting service, including locking out employees, are all options they will consider.

In the meantime, the Acadian Coach Lines lockout is approaching five months without resolution.

The union says the key stumbling block has nothing to do with wages.

"They want to take away our seniority. That is one of the biggest impasses that we are at right now," said Glen Carr, ATU Local 1229 President.

A three-day bargaining session is scheduled for the end of April.

With files from CTV Atlantic's David Bell