The California High Speed Rail System is an ambitious project currently in the planning stages that aims to connect the state’s major metropolitan areas with trains capable of traveling over 220 miles per hour on over 700 miles of track. The total cost of the system is currently estimated at $45 billion.
The initial operating segment is expected to be from the new San Francisco Transbay Transit Center to Anaheim via the Central Valley and Los Angeles Union Station. At full build-out, the system will include lines to Sacramento and to San Diego via the Inland Empire.
Funding for the project will come from federal grants and state bonds. In 2008, California voters approved a measure allowing for the issuance of $10 billion in bonds to help fund the project. To date, the federal government has committed about $4.3 billion to the project.