![]() Another $4 billion is planned for transit infrastructure through 2025, although that money has yet to be allocated. It also increases state funding for rail plans to $3.65 billion this year, which could potentially send money to financially strapped Bay Area projects such as Caltrain electrification and BART to downtown San Jose. The budget nearly solidifies the 171-mile Central Valley link - now projected to see a bullet train around 2030. Gavin Newsom wanted to march forward with laying track in Central Valley farmland and eventually connecting Bakersfield to Merced, but leading Democratic lawmakers blasted the Central Valley link and sought to reroute transit funds closer to their constituents in urban centers.Ĭalifornia’s unprecedented $97.5 billion budget surplus allowed the state to do both. Gavin Newsom Thursday, ends a year-plus deadlock in Sacramento on how to spend the last chunk of $4.2 billion in bond funds for high-speed rail, which voters approved in 2008. The agreement, included in a budget trailer bill that passed the Legislature on Wednesday night and signed by Gov. After wrangling over the future of California’s high-speed rail, state lawmakers plan to release a critical batch of money to finish a bullet train in the Central Valley while also establishing an inspector general to audit the beleaguered project and authorizing billions of dollars in new money for rail plans across the state.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |