CALIFORNIA FOCUS
FOR RELEASE: TUESDAY, APRIL 24, 2012, OR THEREAFTER
FOR RELEASE: TUESDAY, APRIL 24, 2012, OR THEREAFTER
BY THOMAS D. ELIAS
“NEW PLAN HAS HSR MAKING MORE SENSE”
It’s beginning to look like California
will get bullet trains after all, but it won’t be quite as grandiose a system
as what the state’s High Speed Rail Authority at first wanted or what voters
approved in the 2008 Proposition 1-A.
This apparent new reality can still be
thwarted, of course, if an initiative now circulating that aims to scrap the
entire system should qualify for either this fall’s ballot or the next
scheduled general election in 2014 or if the Legislature votes to delay sales
of the bonds from 1-A.
But there’s a new air of realism about
the authority’s ideas, starting from when Gov. Jerry Brown cleaned house
thoroughly during the first year of his newest term. For sure, all the
environmental and economic issues raised in this column and elsewhere are now
helping shape bullet train construction plans.
For one thing, rather than spend all
of the first $6 billion or so of project money on a section of rail through the
Central Valley that could not be used much for many years to come, the idea now
is to put a good part of that money into places where it will create immediate
improvements.
It’s not that either the Los Angeles
or San Francisco areas will see bullet trains flashing through their suburbs at
close to 200 mph anytime soon, if ever. But the newest revamp of the high speed
rail business plan calls for at least $1.5 billion in upgrades to existing
Caltrain and MetroRail trackage and trains in the next three to four years.
That would both improve existing train
service and make the rails fit for high speed trains when they arrive. It also
serves another purpose: The better commuter train service becomes, the more
Californians will get used to riding the rails routinely. That’s important
because the more accustomed people are to using trains, the more likely they
will be to ride bullet trains around the state if and when the service starts.
That’s vital to future bullet train financing, which has rested from the start
on a presumption that once California’s $9.9 billion in bonds, plus some
billions more in federal aid, are spent, private investors will move in. They
won’t, until and unless they’re convinced ridership will actually reach the
optimistic levels often predicted by the rail authority.
All this means there’s no more talk of
40-foot viaducts running up the San Francisco Peninsula, cutting communities in
half. Less talk about the same kinds of elevated tracks through the San Joaquin
Valley.
In fact, the entire “train to nowhere”
label critics have brought to bear since the rail authority board announced in
2010 that its first segment would connect a rural point in Madera County with
another open area in Kern County might disappear if the authority follows
through on extending that first segment to run from Burbank to Merced, via
Palmdale, Bakersfield and Fresno, which would make that segment at least
somewhat useful immediately on completion.
At the same time, a staff report from
the state Senate’s Committee on Budget and Fiscal Review implies that repayment
of the already-authorized bonds doesn’t have to burden the state budget nearly
as much as some have complained.
Current estimates (the actual amounts
will vary according to the rating of California bonds at the time these are
sold) place the yearly bond repayment burden at about $700 million. Of course,
it will be several years before all the voter-approved state bonds are sold,
and repayment amounts will be lower until then.
But the Senate report notes that $915
million yearly in truck weight fees is available right now for debt service on
transportation bonds. If the Legislature wants, it could use all that money for
these bonds without touching the rest of the general fund budget.
But it will never need all the truck money, which the report notes
has never been ticketed solely for road maintenance – a common misconception.
Rather, that weight money can be spent on highway safety, traffic reduction,
clean air improvements, passenger rail and seismic retrofits.
Bullet trains fit into at least two of those categories aside from
high speed rail itself – traffic reduction (train passengers will not be
driving) and passenger rail. So the money for repaying the bonds is already
there if future Legislatures and governors choose to spend it on this. That
means the bullet train bonds don’t need to impact other spending, one fear
expressed by critics.
All of which leaves high speed rail
just about where it should be at this time: free to proceed if legislators let
it, unless lawsuits somehow stop it – and so far there are none looking potent
enough to do that.
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Email Thomas
Elias at tdelias@aol.com. His book, "The Burzynski Breakthrough: The Most
Promising Cancer Treatment and the Government’s Campaign to Squelch It,"
is now available in a soft cover fourth edition. For more Elias columns, visit www.californiafocus.net