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CALIFORNIA HIGH-SPEED RAIL AUTHORITY
Report to the LEGISLATURE
2009
D E CE MBE R
Introduction / PurposeExecutive Summary The Project and Its History The High-Speed Rail AuthorityFrom Today to Passenger ServiceOutreachRidership, Revenue, & OperationsCost of the SystemPaying for the SystemEconomy / Climate Right NowSubsequent SectionsRisks and MitigationOversightConclusionAB 4x1 Checklist
Table of Contents
D E C E M B E R 2 0 0 91
The California high-speed train will dramatically change theface of our state – from our economy to our environment,to the communities the system passes through and the waywe are viewed around the world. It will create jobs, spur thedevelopment of more livable and sustainable communities, helpachieve our state’s historic greenhouse gas reduction goals, andreinvent Californians’ perception of the time and distance acrossour great state. Today is an exciting time for high-speed rail development, asinterest in the transportation option builds around the globe,and as the President of the United States pursues a vision of transportation in America in which high-speed trains play aleading role.Over the course of the past year, a number of events havetransformed California’s high-speed train project from simply anidea into a viable infrastructure project. As such, the CaliforniaHigh-speed Rail Authority is also evolving from an entity focusedsolely on planning a high-speed train project to one that mustalso build it.Just over a year ago, the people of California said clearly
1
thatthey want a high-speed train system – a new transportationoption – when they voted in favor of Proposition 1A. Andinterest in California’s project – which has been in planning forsome 13 years – has now reached an unprecedented level.For these reasons, the Legislature rightly included in the 2009-10 State Budget language requiring the California High-SpeedRail Authority to submit a business plan document by Dec. 15,2009. Subsequent legislation additionally was passed by theLegislature and signed by Governor Schwarzenegger requiringthe Authority to submit a revised business plan every two years
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. This document satises the requirement of the Budget Act of 2009
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and lays out the path forward for California’s high-speedrail project.
Introduction / Purpose
1 Secretary of State, Statement of Vote, November 2008 General Election, Proposition 1A,the Safe, Reliable High-Speed Train Bond Act2 Assembly Bill 783 (Ashburn), Chaptered Oct. 11,20093 Assembly Bill 4x1, revisions to the Budget Act of 2009, SEC. 148. Item 2665-004-6043 of Section 2.00
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