Caltrain Drops Plan To Eliminate Stations, Raises Fares

SAN CARLOS (CBS SF) – Caltrain will continue to run its current train schedule through 2012 without closing any stations under the budget approved Thursday.
In a 5-3 vote in San Carlos, the Peninsula Corridor Joint Powers Board adopted a resolution that would impose a 25-cent increase on the base fare and a $1 increase in daily parking fees at Caltrain lots.

But Caltrain officials said that additional revenue is not nearly enough to solve the agency’s long-term budget problems.

“There’s not a pot of money at the end of the rainbow,” said Adrienne Tissier, a member of the Peninsula Corridor Joint Powers Authority board.

KCBS’ Margie Shafer Reports:

Tissier said what the board 5 – 3 passed is a conceptual operating budget with a $3.5 million deficit that must be filled in by other transit agencies.

Omar Ahmad said the budget plan will put Caltrain into debt since it diverts funds set aside for preventative maintenance to cover the day to day costs of running the system.

All agreed Caltrain would need a dedicated source of funding to survive.
(Copyright 2011 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services may have contributed to this report.)

Comments

One Comment

  1. HooDatIS? says:

    I WAS NEVER GOING TO RIDE PUBLIC TRANSIT AGAIN IF THEY RAISED PRICES ….. WE NEED JOBS IN THE BAY AREA BEFORE PRICES GO UP!
    VISIT MY BLOG
    http://ethicalfutures.wordpress.com/

  2. Alan says:

    And the GM received $1 million severance package for resigning her job. Since when do people receive severance package when doing a lousy job and being forced to resign?

  3. Marc Siegel says:

    CalTrain is a great system for those of us from San Ho who work in the city. Three cheers for not making the bullet trains take 10 minutes longer.

  4. Barbara Zukowski says:

    God bless Caltrain for not closing our Broadway station in Burlingame.
    We have fought the good fight to keep our weekend service.
    It is a great day for the residents & merchants on Broadway.
    THANK YOU, Caltrain

  5. abc says:

    Who care….They can raise as much they want as long I’m not paying for it. I have not been one the 90’s and I don’t plan to ride them Transit any time soon!

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