Six new daily trains are included in a $111 million operating budget for the upcoming fiscal year passed Thursday by Caltrain’s board of directors.
Unlike recent years, the regional rail operator is actually entering the 2012-13 fiscal year on sound financial footing. As a result, it was able to increase service.
To meet the demands of its growing ridership, Caltrain will restore four trains to its late-morning and early-afternoon schedule. Two new trains also will be penciled in for the evening commute. That increases the total number of daily runs from 86 to 92, with the service improvements likely to be in place by the fall.
While the agency’s budget is balanced, much of the funding comes from one-time sources. A major shortfall for the following fiscal year is likely unless a dedicated funding source is identified.