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Peninsula Corridor Joint Powers Board - Local Policy Maker Group - August 27, 2026

August 27, 2026 at 5:30 PM PDT

Caltrain Local Policy Maker Group: Financial Crisis Looms Despite Ridership Recovery

Operating Deficit and Service Cut Framework

Caltrain faces a $75 million annual operating deficit beginning in FY28 without external funding. The board approved in June a framework for a no-external-funding scenario that outlines significant…

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