Guiding Principle: Finances (DRAFT)


THE CONTENT ON THIS PAGE IS PRESENTED AS A DRAFT PROPOSAL FOR REVIEW. Submit comments at bottom of page.


4
Establish financial stability, minimize operating subsidy and fund system improvements
Safety

Goal:

Efficiently deliver services and projects

Objectives:
Monitor and meet MTC’s Transit Sustainability Program cost-efficiency targets

Monitor and set Caltrain performance targets to drive increased efficiencies and guide investment decisions

Continue annual cost containment strategies

Goal:
Maximize revenues
Objectives:
Develop strategies to increase returns from existing revenue streams (e.g. fares, parking, concessions, advertising and leases)

Explore new revenue streams

Goal:
Stabilize and expand external funding sources
Objectives:
Obtain dedicated funding source for operations and maintenance

Maintain current funding streams while seeking new sources

Stabilize member agency contributions

Support 3rd party funding strategies that align with Caltrain goals

Develop funding strategy for long-term system improvements

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For questions, please contact:
Sebastian Petty
caltrainSP@caltrain.com

Go BACK to the Caltrain Strategic Plan page HERE.


5/21/14 - sp/rjc