News Tagged With: business-plan
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April 16, 2014

Calif. HSR adopts new business plan, lowers revenue projection

New projections are 5% lower than initially expected by 2025 and 10% lower by 2040. The change was made based on research shows that Californians are taking shorter but more frequent trips.


February 12, 2014

$67B building cost estimated for Calif. HSR first phase

The estimate is for constructing the first 520-mile phase of the train line between San Francisco and Los Angeles. That is about 1% less than the $68.4 billion estimate from the 2012 business plan.


September 6, 2012

Tampa, Fla. streetcar plan delays city subsidies

Transit planners revised the long-term financial plan, with service maintained at its current level until 2020. Plan projects a required subsidy of $168,000 beginning in 2020.


November 1, 2011

Calif. high-speed rail to cost $98B

The new project business plan shows that the project costs over a 20-year construction period will be much higher than the initially projected $43 billion. However, it is forecast to be profitable even with low ridership numbers and would not require public operating subsidies.


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