The California High-Speed Rail Authority (Authority) is required by Public Utilities
Code Section 185033 to prepare, publish, adopt, and submit an updated Business Plan
to the Legislature on May 1. Statute also dictates that, at least 60 days prior to
submittal to the Legislature, the Authority must publish a draft Business Plan for
public review and comment. Business plans are published in even-numbered years, and
the next business plan will be issued in 2022.
Due to the COVID-19 pandemic the adoption of the final 2020 Business Plan was
extended. The Revised Draft 2020 Business Plan was issued February 9, 2021, with an
additional 30-day comment period through March 12, 2021. The final submission to the
Legislature is expected by April 15, 2021.
Business plans represent the status of the high-speed rail program at a point in
time, and summarize the Authority’s approach to implementing the system. Business
- Summary of progress over last two years
- Review current challenges and how to address them
- Updated capital cost and other estimates
- Updated ridership and revenue forecasts