Costs for California’s high-speed rail project may increase by $1.8 billion
LA TimesThe cost of building a 119-mile section of the California bullet train in the Central Valley is projected to increase by $1.8 billion, taking the total to $12.4 billion, according an internal draft report by the state rail authority’s staff. The $20.4-billion cost to build the Bakersfield to Merced line would take almost all of the rail authority’s funding through 2030. The Metropolitan Transportation Authority had considered this month adopting a resolution to ask the rail authority for a fresh assessment of spending more money in the Central Valley and to “prioritize” investments in Southern California. “We expect money to improve our system.” Some Bay Area leaders are also growing more concerned, because the Newsom plan failed to find funding to build a high-speed rail line from San Jose through Gilroy to the Central Valley.
History of this topic
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