Caltrain board finance workshop considers fiscal cliff and hints at ways to regrow ridership
On Thursday, April 6, the Caltrain board will consider the budget challenges created by pandemic-induced ridership declines. Caltrain can fend off an immediate fiscal cliff because of state funding to complete electrification construction. But with persistently low ridership and depressed fare revenue caused by a decline in white collar commuting – Caltrain’s previous business model […]