The Board of Directors of Caltrain, the provider of commuter rail service along the San Francisco Peninsula, has unanimously approved the Fiscal Year 2019 operating and capital budgets.
The $151.5 million operating budget includes $25.4 million in total investment from the agency’s partners—the San Mateo County Transit District, the Santa Clara Valley Transportation Authority and the City and County of San Francisco. The operating budget also includes approximately $1.2 million from a newly established revenue stabilization fund.
The agency’s $42.7 million capital budget will be funded through a combination of federal, regional and state grants, and $7.5 million from each of its partner agencies. The capital budget includes long-term infrastructure improvement and maintenance projects, including maintenance work, right of way signals and communications, and rolling stock.