The San Mateo Daily Journal has a brief review of Caltrain's budget and revenue forecasts. I'm not sure I believe this
Revenue is projected to increase 49 percent by 2019, while operating costs remain flat. The commuter railroad
But this appears to be the rationale for thinking operating costs can remain flat
With a new, modern electrified system, by 2019, the additional subsidy needed to balance the budget would be 45 percent less than today.
I'm going to look for more details since that is where the devil will be found.
Comments