The cost of high-speed rail in California might surprise you

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The cost of high-speed rail in California might surprise you
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It’s been 15 years since California’s voted for $10 billion to fund a line from San Francisco to Anaheim. Funding for the high-speed rail line has huge shortfalls.

Californians narrowly 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.

In 2015, construction began on a viaduct in Madera County, the first visible sign of the high-speed rail project. The cost estimate was about $68 billion for the project then. The 119-mile Central Valley segment is still under construction and not expected to have passenger service until between 2030 and 2033.to prepare a project update every odd year and in its 2023 report, it said that, “the biggest risk we face is full funding – over which we have very little control.

Phase 1 of the project consists of multiple segments. The first is the Central Valley segment, which is 119 miles. The second segment extends north to Merced. The third segment would be extending it to San Francisco and then to Anaheim on what will be called the Valley-to-Valley segment.

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