Caltrain

Caltrain sets capital budget

Caltrain’s board of directors on August 6, 2014, approved a $43.6 million capital budget that will provide funding for bridge repair work in San Mateo, new safety improvements on the rail system, and station modifications to accommodate longer trains.

Caltrain Board reviews budget, ridership growth

Caltrain said Thursday its staff offered a preliminary report to the Joint Powers Board indicating the rail service’s Fiscal Year 2014 budget will be balanced, but warning that FY15 could produce a budget shortfall that might trigger fare increases and service cuts.

Caltrain board adopts updated MOU with High Speed Rail Authority

California’s Peninsula Corridor Joint Powers Board has adopted an updated Memorandum of Understanding with the California High Speed Rail Authority that “lays the foundation for modernizing the Caltrain system through an early investment in the Peninsula Corridor and the eventual creation of a blended system that would allow high speed rail to operate between San Jose and San Francisco.”

California Transportation Commission releases CBOSS PTC funding

The California Transportation Commission has voted to release $39.8 million in allocations toward work to advance the Caltrain Modernization Program and prepare the rail corridor, which connects San Francisco with San Jose and Gilroy, for a future “blended” system with California High Speed Rail.