One transit agency is bucking the budget trends 

While nearly every local transit agency grapples with increasing debt this year — due in large parts to problems at the state level — Caltrain is actually reporting an operating budget surplus this fiscal year.

Through November, the regional commuter line has revenue figures that are $106,157 above budget, which is about 0.5 percent more than predicted for the agency.

Even though Caltrain has seen lower-than-expected ridership numbers, the agency has benefited from fuel costs that were much cheaper than initially anticipated.

The agency, which has a total operating budget of $97 million, spent $1.6 million less than expected on fuel this fiscal year, a total that was 28 percent lower than predicted.

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Will Reisman

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