Last Updated: | 4/19/2012 |
Budget Issue: | Funding for high-speed rail |
Program: | High-Speed Rail Authority |
Finding or Recommendation: | Reject Governor's funding request for $5.9 billion for construction in the Central Valley. Continue some minimal funding to preserve future options. Alternatively, should the Legislature choose to move forward, we recommend a series of steps to increase the chance that the project is successfully completed. Approve $812 million request for investments in existing rail services. |
For more detail, please see our report "The 2012-13 Budget: Funding Requests for High-Speed Rail."