Peninsula Corridor Joint Powers Board

The committee meeting covered a range of topics, including the adoption of a Passenger Code of Conduct, a comprehensive safety update from the Chief Safety Officer, and a review of the proposed Fiscal Year 2027 Operating Budget. Discussion also included the Corridor Crossing Strategy Program, findings from the 2025 Triennial Customer Survey, and operational updates regarding on-time performance, fare enforcement, and ridership trends. Committee members also addressed various follow-up requests related to station amenities, safety infrastructure, and fare policy improvements.

The board meeting agenda included several informational updates regarding ongoing projects and financial performance. Key topics covered the status of Electric Multiple Unit (EMU) option cars and the Guadalupe River Bridge Replacement Project, including schedule, budget, and risk management. The board received reports on the quarterly financial results for fiscal year 2026, including operating revenue, expenditures, and the fuel hedging program for diesel services. Additionally, the meeting addressed a quarterly safety update and discussed proposed updates to the Rail Corridor Use Policy, including an analysis of potential sites for transit-oriented development.

The board discussed potential service reductions and the 'no external funding' scenario, including station closures and frequency changes. Key agenda items included the adoption of the Fiscal Year 2027 proposed operating budget, the framework for Caltrain's no external funding scenario, and strategies for financial efficiency. Additionally, the board authorized contracts for security guard services, information technology support, and a master agreement with Caltrans for the Transit and Intercity Rail Capital Program. The executive director provided a monthly report covering ridership, safety, and performance metrics, and the board addressed various committee reports and legislative updates.

The Committee discussed the execution of an amendment to the Memorandum of Understanding with the City of Menlo Park for the Middle Avenue Undercrossing Project, including a corresponding capital budget amendment. The Committee also received updates on safety performance metrics, the Rail Corridor Use Policy (RCUP) and potential Transit Oriented Development (TOD) sites, and progress on the Guadalupe River Bridge Replacement Project, including schedule re-baselining and permitting status.

The meeting agenda includes a presentation on the Caltrain Triennial Results, an annual update regarding bike security, and a report from the Chair. Staff reports will cover the status of the bikes on board pilot program and provide an update on the Bay Wheels program in San Francisco. Additionally, committee members will have the opportunity to make comments on various items impacting Caltrain service.