Town Square

Post a New Topic

Caltrain cobbles together financial survival plan

Original post made on Mar 28, 2011

If negotiations with the Santa Clara Valley Transportation Authority (VTA) go well, Caltrain might get an infusion of $4.9 million over two years to prop up its operating budget.

Read the full story here Web Link posted Monday, March 28, 2011, 11:01 AM

Comments (2)

 +   Like this comment
Posted by John Murphy
a resident of another community
on Mar 28, 2011 at 11:22 am

That was the first time around of $4 gas, so that fund got very large," he said. "But instead of allocating the funds to transit, the state took them. So we never quite got the money."

The gas tax is fixed, not a percentage. When gas prices go up, people buy less, ergo a fund would be smaller than usual, not larger. But whatever.


 +   Like this comment
Posted by Respondent to John Murphy
a resident of another community
on Mar 29, 2011 at 7:10 pm

State Transit Assistance (STA) funding, which is the revenue source approved by voters in 2007 referenced in this article, dedicates the state's portion of *sales taxes* on fuel sales to transit programs. Indeed, STA funding, a special type of fuel tax, did grow as the price of fuel increased because (as a sales tax) it is assessed as a percentage of fuel sales and not a set rate per gallon of fuel like most other fuel taxes.


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Spring food and drink goings on
By Elena Kadvany | 0 comments | 2,445 views

Couple’s Strife: 3 Tools for a Happier Relationship
By Chandrama Anderson | 0 comments | 1,210 views

The Sad Family Photo
By Cheryl Bac | 0 comments | 1,021 views

Out of Menlo
By Paul Bendix | 3 comments | 941 views

The MP School District Board Should Approve the O’Connor Boundary Change.
By Stuart Soffer | 3 comments | 791 views