Home News Archive eNewsletter eNewsletter for January 13, 2014
eNewsletter

eNewsletter for January 13, 2014

Share
Share

Despite the often misleading headlines about the court’s rulings, it doesn’t shut down the  (CA-HSR) project or ask for a funding plan for the entire project. Current construction in the San Joaquin Valley is about 6 billion dollars. To build a new right of way between Bakersfield and Palmdale is estimated to cost 10 billion dollars. Four billion of that is expected to come from Prop 1A bonds. With Prop 1A and Federal funding that’s 13 billion dollars that should be available now for High Speed Rail. To finish the entire 300 miles between Merced and Burbank to run electrified HSR will require an additional 18 billion for a total of 31 billion dollars. With the State’s Budget in the black with over 100 billion dollars of spending annually, spreading $18 Billion dollars of additional funding to complete High Rail over 10 years or more is feasible. Once the 300 miles of HSR (some of it “blended” with existing railroads) is built, the CHSRA is on its own according to Prop 1A to finance the rest of the project from its own revenues. NB

January 13, 2014

The above copy of this enewletter is on a PDF file and you will not be able to click on to the links in blue. If you would like to subscribe to this enewsletter write to nbraymer@xg1.b3e.myftpupload.com

Posts by Category

Posts by Year

Related Articles
Newswire

VIA Rail Canada turns to Stadler for new hybrid locomotives

MONTREAL — The Canadian government will spend Ca$1.6 billion (U.S. $1.14 billion)...

Newswire

Old Caltrain Locomotives Find New Life on Capitol Corridor

Some of Caltrain’s F40 locomotives escape the scrapper, pull (or push) trains...

Newswire

Unpacking rail earnings: How volume growth fuels merger talks

Railroads are seeing a significant upturn in Q2 earnings, with most Class...

Newswire

Amtrak outlines Horizon repair plans; shunt antenna program in bureaucratic logjam

Antenna delays keep Gold Runner cab cars sidelined Read more.