Californians barely approved about $10 billion for a high-speed rail system between the Bay Area and Southern California in 2008. It’s been 15 years since the vote.
Take a look at the latest cost and time estimates for completing California’s high-speed rail.
In 2015, construction began on the Madera County Viaduct, the first visible sign of a high-speed rail project. The estimated cost of the project at the time was about $68 billion. The 119-mile Central Valley segment (Merced to Bakersfield) is still under construction and from 2030 he is not expected to be in passenger service until 2033.
the state is High Speed Rail Bureau We have to prepare a project update every odd-numbered year, and the 2023 report said, “The biggest risk we face is outright financing, over which we have little control.” increase.
The original goal of the project was to move from San Francisco to Anaheim with another phase connecting Sacramento and San Diego. In 2019, Gov. Gavin Newsom announced in a state address that the length of the high-speed rail line under construction in the Central Valley would be shortened rather than between Madera and Bakersfield.
Phase 1 of the project consists of several segments. The first is the 119-mile Central Valley segment. A second segment extends north to Merced. The third segment extends it to San Francisco and then to Anaheim, called the Valley-to-Valley segment.
By 2023, 171 miles will be environmentally cleared, 119 miles under construction and 52 miles advanced design.Click here for progress and status Office of the Legislative Analyst Rating for 2023:
In 2015, construction began on the 119-mile Central Valley segment (Madera to Bakersfield). No train tests on this line are scheduled until 2028.
Do you have the funds?
The Office of Legislative Analysts indicates that between federal and state funding, between $23.5 billion and $25.2 billion is available for projects. The projected cost from Merced to Bakersfield is $35.3 billion for him.
The project is about to receive another $8 billion in federal funding.
Estimated number of passengers
The 2023 report revised estimates for high-speed rail passenger numbers for the first time since 2020. Annual passenger numbers for the Valley-to-Valley (San Francisco to Anaheim) segment will now reach 11.5 million by 2040, up from previous estimates of 18.4 million passengers per year.
If the high-speed rail system had an average of 11.5 million people paying $86 a year for a ticket, it would take that many years to break even.
11.5 million people per year is an average of about 31,000 people per day. Pacific Surfliner trains averaged about 7,300 passengers per day before the pandemic.
More than 1.25 billion people will need to pay $86 for tickets for the estimated $107.6 billion high-speed rail system to break even. That’s 32 times his size in California’s population in 2023.
- The $86 ticket is an estimate from 2015.
- It’s about a 6.5-hour drive from Los Angeles, with one 15-minute stop.
- The flight is just over an hour, not counting security wait times.
- The high-speed train is expected to take just over 3 hours.
in the news
On Monday, bipartisan congressional groups in Nevada and California urged the Biden administration to expedite federal funding for private companies to build a 218-mile high-speed rail line between Las Vegas and Rancho Cucamonga. I requested.
All six congressmen elected from Nevada and four congressmen from California sent letters to Transportation Secretary Pete Buttigieg.They said they were taking part in proposals from Brightline West Spend more than $10 billion to lay tracks along Interstate 15.
Draft environmental assessments for the Nevada and California projects were released in October, and the Federal Railroad Administration plans to finalize permits in July. About 70% of the funding will be privately held using a combination of debt and equity, according to the company.
Amtrak passenger service to Las Vegas ended in 1997 with the discontinuation of the train called Desert Wind. The concept of building a bullet train through the Mojave Desert dates back to at least 2005 under various names. Years have seen it start and stop, getting sidetracked during the COVID-19 pandemic.
Source: California High-Speed Rail Authority, The Legislative Analyst’s Office, International Union of Railways, National Transportation and Safety Administration, US High-Speed Rail Association, American Public Transportation Association, Associated Press
https://www.ocregister.com/2023/05/01/the-cost-of-high-speed-rail-in-california-might-surprise-you/ You may be surprised by the cost of California’s high-speed rail – Orange County Register