Funding Crisis Threatens High-Speed Rail Segment in Kern County
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
The California High-Speed Rail project is facing a funding crisis that could affect its viability. The project was originally planned to include a segment between Bakersfield and Merced, which was expected to cost up to $36 billion. Due to the cash crisis, the project may have to focus on a smaller segment through Madera and Poplar Avenue in rural Kern County.
From kcra.com
Why it matters
Inspector General Benjamin Belnap warned that the project's funding shortfall has been a concern since his appointment. The project's original vision is contingent on finding budget money or securing a loan to continue operations.
The California Energy Commission supports a project in Kern County, which is located in the United States.
From kcra.com
Who's involved
- Kern CountyKern County, through which the project segment is planned to run.
- BakersfieldBakersfield, the city whose administrative functions are linked to the county.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Kern CountySpeculative
Kern County might see the viability and scope of the high-speed rail segment through its lands challenged by the funding shortfall.
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The entities involved
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Kern County
county in California, United States
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Bakersfield
city and county seat of Kern County, California, United States
Related events
- Bakersfield is the county seat of Kern County.
- ProRestoration Services Inc provides restoration services throughout Kern County, serving Bakersfield.
- A program is gaining traction in Kern County.
- The California High-Speed Rail Authority confirmed Bakersfield and Merced stations are in the project scope and reported financial issues to the Governor.