On Tuesday, it was announced that Gov. Jerry Brown’s bullet train project will cost $10.6 billion – that’s an increase of about $2.8 billion from what’s in the current budget.
The price of acquiring the land needed for the project, moving utility systems and installing the needed safety measures are all on the list of issues which drove the price increase for the train. That means the California High Speed Rail Authority may need to go back to the Legislature for more funding, and it’s unclear what this means for the project.
Meanwhile, potential changes are portended for Brown’s Delta tunnels project. Last week, California officials told potential contractors that the project may be downsized from two tunnels to one.
We get the latest on these California developments.