UpdatedThu, May 6, 2021 at 6:33 pm PT
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Caltrain s board is expected to adopt a final budget proposal for the coming fiscal year at a meeting next month. (Renee Schiavone/Patch)
SAN CARLOS, CA Over half of Caltrain s revenue next fiscal year is projected to come from funds collected via Measure RR, highlighting how crucial the ballot measure s passage was toward the future of the struggling transit system that was hit hard by the COVID-19 pandemic.
Of Caltrain s $157 million in projected revenue for the 2022 fiscal year, $82 million will come from Measure RR, a 1/8-cent sales tax increase passed last year by voters in Santa Clara, San Mateo and San Francisco counties and will raise around $108 million annually for 30 years.
Ackemann: A vacuum in Bay Area transit leadership?
A VTA Blue Line train travels through downtown San Jose. File photo.
Leadership is a quality we aspire to and place high value on as a society and yet often fail to meaningfully define. But the Bay Area is grappling with this question on multiple fronts in our civic lives.
VTA is currently in the midst of the vaunted “nationwide” search to replace former CEO Nuria Fernandez who recently took a position in the Biden-Harris Administration. Some Santa Clara County officials suggested it could take months to find the right person to lead VTA’s complex and growing mix of responsibilities.
With federal funding, Palo Alto looks to revamp Alma and Churchill intersection paloaltoonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paloaltoonline.com Daily Mail and Mail on Sunday newspapers.
2021-01-14T05:00:00
USA: The Peninsula Corridor Joint Powers Board has awarded Herzog subsidiary TransitAmerica Services a five-year extension to its current contract to operate Caltrain commuter services, which link San Francisco with San Jose.
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Caltrain bonds snared a one-notch ratings boost to A-plus from S&P bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.