CA: Despite crisis, Caltrain Plans Record Spending
Caltrain is cashing in on its recent fare hike and taxpayer fund infusion by raising the rail line's spending to record heights -- even paying more for executives than initially proposed -- despite the agency's claims it needed the money to keep trains...
The spending hikes -- coupled with criticism of the agency's board, which spent three years unanimously approving every proposal it saw during the agency's financial crisis -- comes as most observers expect the agency to place some sort of tax measure on the November 2012 ballot to fund service for the long term.
"I hope that Caltrain and their board are going to be scrutinizing these expenses; that's a key part of having the confidence of the public for when we go to the" ballot, Burt said.
Contact Mike Rosenberg at 408-920-5705.
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