2016 Business Plan
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 2020.
Business plans represent the status of the high-speed rail program at a point in time, and they summarize the Authority’s approach to implementing the system. Business Plans include:
- Updated capital cost and other estimates
- Updated ridership and revenue forecasts
- Summary of progress over last two years
- Review current challenges and how to address them
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