FX Excursions

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California to Lay High-Speed Rail Tracks

by Megan Hill

Apr 16, 2017
Feature

California is preparing to lay tracks for the first segment of its California High Speed Rail Authority project, which will connect San Francisco and Los Angeles with high-speed rail.

The state’s finance committee approved a request by the CHSRA to spend $2.6 billion to lay its first track in California’s Central Valley. That approval will allow the CHSRA to ask the state’s Treasurer’s office to sell some of the $10 million in bonds approved by California voters in 2008.

If that funding comes through, the rail authority will move forward with 29 miles of track through the Central Valley, a largely agricultural region. The project would likely be completed in August 2019.

The rail will eventually work its way to Los Angeles County. Voters approved the project in 2008 as a three-way partnership between the state, the federal government and private investments. Federal funding may fall through, however. A spokesperson for CHSRA has said the project will move forward regardless of federal input.

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