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Source-backed reporting and analysis from The CRE Brief.
September 26, 2026
Caltrain FY27 budget timeline — Millbrae/peninsula review window
Caltrain staff published an FY27 budget timeline and Finance Committee materials (Sept. 21, 2026 meeting packet). The timeline includes a 'No External Funding' scenario and schedules Finance Committee review ahead of JPB action — a near-term driver of Peninsula capital timing for developers, lenders, and cities.
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