• Fri. Mar 1st, 2024

California High-Speed Rail Authority to Release Business Plan for Public Review and Comment on May 1

ByEditor

Feb 10, 2024
California High Speed Rail Business Plan for 2024

The California High-Speed Rail Authority (Authority) is required to update and submit a Business Plan to the Legislature on May 1, as per Public Utilities Code Section 185033. This also mandates the Authority to release a draft Business Plan for public review and comment at least 60 days prior to submission. Business plans are published in even-numbered years and provide a comprehensive overview of the high-speed rail program’s current status and the Authority’s implementation approach.

In these plans, the Authority includes a summary of progress over the last two years, a review of current challenges and proposed solutions, updated capital cost and other estimates, as well as updated ridership and revenue forecasts. This information provides an insight into the Authority’s strategies and goals for the high-speed rail program. The release of these plans allows for public input and comment, which helps guide the development of the program moving forward.

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