The

California High-Speed Rail Authority

's (CHSRA)

draft 2026 business plan

cuts $1.7 billion from the first phase of the project between San Francisco and Los Angeles.

Issued Feb. 28, the draft plan lays out the CHSRA's financial approach to the year, including cost savings  and proposed new revenue streams, CHSRA officials said in a press release. The draft plan is available for public comment through April 29.

The plan calls for completing construction of and starting revenue service along the 171-mile Merced to Bakersfield section of high-speed rail, known as the Central Valley segment, and expanding that service to major population areas as soon as possible to generate additional revenue, said Tom Richards, CHSRA board chair.

The authority also has plans for creating new revenue through private-sector partnerships, such as real estate development along the route.

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