The capital budget, authorized at the board's August meeting, is comprised of regional, state and federal grants. It also includes $10.3 million in contributions from Caltrain's three funding partners: The city and county of San Francisco, SamTrans and the Santa Clara Valley Transportation Authority.
By approving the capital budget, the Caltrain board assured that critical infrastructure improvements and state-of-good repair work will be carried out. Programs and projects funded by the capital program include design and completion of station modifications to allow for six-car trains; replacement of four San Mateo Bridges; installation of safety fencing along the Caltrain right-of-way and additional onboard improvements; inspection and documentation of load rating for Caltrain's 103 railroad bridges and coordination planning and management for electrification, which will allow for the implementation of the state's high-speed rail network.
In June, Caltrain's board approved a balanced operating budget of $125.7 million. The capital budget was delayed until August while Caltrain awaited word on the availability of federal funding for major Caltrain projects.