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News - Wednesday, March 9, 2011

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Caltrain declares fiscal emergency


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Caltrain's board of directors declared a fiscal emergency March 3 during a meeting in San Carlos that attracted hundreds of riders who oppose service cuts.

The Peninsula Corridor Joint Powers Board, which governs Caltrain, declared the emergency so directors could consider "radical" solutions and close a $30 million budget deficit Caltrain faces over the coming year, Caltrain Executive Director Michael Scanlon said.

Service cuts could include ending all daytime, evening, weekend and special-event service except for peak commuter times, the board has warned.

But residents urged the board to consider several alternatives, including taking $5.5 million earmarked for the Dumbarton Rail project, deferring electrification, and raising fares and parking fees.

The board could decide service cuts by April 7.

Comments

Posted by Biff Menlo, a resident of the Menlo Park: Park Forest neighborhood, on Mar 9, 2011 at 8:48 pm

Easy. Fire Scanlon and save $400,000. in salary and compensation.
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