Caltrain board approves $103.8 million budget with no service cuts
"The unanimous vote silences for now the public outcry and doomsday predictions from officials that emerged after Caltrain revealed it was facing a $30.2 million budget gap. The shortfall could have translated into shuttering up to half its stations and eliminating services such as weekend trains, the agency warned.
"Board members narrowed the gap by approving a 25-cent fare hike and $1 parking rate increases, but the final $3.5 million needed to plug the hole came from the Metropolitan Transportation Commission.
"As a result, the popular commuter rail line will continue to run its current 86-train schedule. The rate increases take effect July 1."
"The unanimous vote silences for now the public outcry and doomsday predictions from officials that emerged after Caltrain revealed it was facing a $30.2 million budget gap. The shortfall could have translated into shuttering up to half its stations and eliminating services such as weekend trains, the agency warned.
"Board members narrowed the gap by approving a 25-cent fare hike and $1 parking rate increases, but the final $3.5 million needed to plug the hole came from the Metropolitan Transportation Commission.
"As a result, the popular commuter rail line will continue to run its current 86-train schedule. The rate increases take effect July 1."