Community Summits Address Caltrain’s Funding Dilemma

Community Summits Address Caltrain’s Funding Dilemma

Two recent summits, one spearheaded by the Silicon Valley Leadership Group and another by a grassroots community group, explored solutions to Caltrain’s ongoing budget issues.

More than 200 business leaders gathered at the Save Caltrain Summit to identify ideas and possible solutions to Caltrain’s funding crisis and the need to find a dedicated funding source Jan. 21 at Stanford University.

The Friends of Caltrain held a summit at the agency’s headquarters in San Carlos Jan. 29.

Informational materials prepared for these meetings by Caltrain about the agency’s fiscal issues and potential service reductions can be found by clicking here.

Under the current budget scenario, cuts could be as severe as a reduction in service to 48 trains that would operate only during the weekday commute. All other service would be eliminated including: weekday service outside the commute peak, weekend service and service south of the San Jose Diridon station. The schedule also would require the suspension of service at up to seven stations.

Caltrain relies on contributions from its three partner agencies - the City and County of San Francisco, the San Mateo County Transit District and the Santa Clara Valley Transportation Authority – to balance its budget.

SamTrans is expected to reduce its annual contribution to Caltrain to approximately $4.8 million, a reduction of approximately $10 million. If the other partners follow suit, the budget shortfall is expected to be $30 million.

The Peninsula Corridor Joint Powers Board, which owns and operates Caltrain, will be asked to call for two public hearings, one on the proposed service changes and one to declare a fiscal emergency, at its Feb. 3 meeting. Four community meetings will be held throughout the Caltrain service area.

Please note updated meetings dates and times:

Feb. 14 – 7 p.m.
San Jose City Hall
200 East Santa Clara St., city council chambers
San Jose

Feb. 16 – 6 p.m. San Francisco Municipal Transportation Agency
1 South Van Ness, Atrium
San Francisco

Feb. 17 – 6 p.m. Gilroy Senior Center
7371 Hanna St.
Gilroy

Feb. 17 – 6 p.m. San Mateo County Transit District
1250 San Carlos Ave., second floor auditorium
San Carlos

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Caltrain is a commuter rail line operating between San Francisco and San Jose, with commute service to Gilroy. Average weekday ridership on the mix of 86 local, limited and express weekday trains is 40,000. Local, hourly service is provided on Saturdays and Sundays.

Caltrain is owned and managed by the Peninsula Corridor Joint Powers Board, a partnership of the City and County of San Francisco, the San Mateo County Transit District and the Santa Clara Valley Transportation Authority

Media Contact:  Christine Dunn, 650.508.6238