In January 2010 the California High Speed Rail Authority (CHSRA) was waiting to learn whether the Obama administration would approve its application for $4.7 billion in national stimulus backing to start the building of a $50 billion, 800-mile high-speed rail corridor connecting all of the state's major regions and cities. In November 2008 California voters had already approved Proposition 1, authorizing the state to issue $9.95 billion in bonds toward building of the system's initial segment running 465 miles from San Francisco to Los Angeles-Anaheim in Orange County. This case describes the CHSRA's preparation efforts as well as the controversies that appeared over the alignment, the demand projections, the fiscal plan, as well as the social benefit-cost analysis. HKS Case Number 1935.0
PUBLICATION DATE: March 23, 2011 PRODUCT #: HKS440-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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