Today's Daily Journal has a piece about the Council vote on applying for study money on the B'way "interchange".  I use that term cautiously since there is more to the driver confusion and delays than just the rail crossing.  The piece notes

The San Mateo County Transportation Authority called for grade separation projects and there is about $200 million available for the countywide program. The cost for Burlingame to perform a preliminary engineering, environmental documentation and final engineering design is estimated to be $1 million and, if the city’s grant application is successful, it will receive this entirely from Measure A, a half-cent transportation sales tax.

The cost of the overall grade separation project depends on what the study reveals, Murtuza said previously. The study should take 12 to 18 months, Murtuza said.

It goes on to note that the B'way Caltrain station is only open on weekends but may reopen in the future.  I'm not holding my breadth on that one much as we would love to see it happen.  The big question is if the grade separation happens does it lay the groundwork for an above ground high-cost rail incursion through B'game?  Plenty of informed people fear that.  Here's the feeder part of the story–the Caltrans controlled overpass.

With the Bay front development that is in planning, this gets to be an even hotter button.