Jul 2, 2009 7:12 pm US/Pacific
Caltrain Cuts Service, Hikes Parking Fees
(BCN)
The board of directors for Caltrain Thursday unanimously approved several changes, including service reductions and parking fee increases, intended to eliminate the agency's $2.6 million deficit.
The Peninsula Corridor Joint Powers Board declared a fiscal emergency last month, and has been anticipating making the changes approved Thursday.
Beginning Sept. 1, trains will run every hour instead of every half-hour from 10 a.m. to 2 p.m., Christine Dunn said. The decrease in midday service will save the agency about $1.93 million.
Also effective Sept. 1 will be an increase in parking fees, from $2 to $3 a day. Monthly parking fees will increase from $20 to $30, Dunn said. Those changes are expected to generate about $420,000.
In addition, beginning Aug. 1, the rate employers pay for a "GO Pass" for employees will increase from $112.75 to $140 a month, a change that will generate about $263,000 for the agency, Dunn said.
The board in May considered cutting weekend service, suspending service to Gilroy and raising fares, but those options were taken off the table due to resistance from the public, Dunn said.
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