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Audit: Rail authority not ready for federal funds

Original post made on Oct 28, 2010

The California High-Speed Rail Authority has dished out more than $3.4 million in payments without reviewing the relevant invoices and is not prepared to manage the $2.25 billion it has received in federal funding, the state's Inspector General Laura Chick concluded in a new audit.

Read the full story here Web Link posted Thursday, October 28, 2010, 1:10 PM

Comments (3)

Posted by Alfred W
a resident of Menlo Park: other
on Oct 28, 2010 at 4:20 pm

Shut down the High Speed Rail project.

Not only the HSR Authority has no viable business model to ensure the project profitability but now this report shows that they are misspending the funds!

The city should put together a proposition on the ballot to de-fund the whole project


Posted by R.Gordon
a resident of another community
on Oct 29, 2010 at 12:45 pm

Alfred W. should read other papers to find out that HSR is now starting up in the East and MidWest as a result of the analysis of the situation of the unemployed and the transportation airline failures and costs.
Rather than give you a web link, go to Wisconsin, Florida and three other major states and read their papers.
Menlo Park just seems concerned about Council members' inappropriate remarks. GET OVER IT.READ MORE STUFF THAN THE ALMANAC!


Posted by reader
a resident of Menlo Park: Belle Haven
on Oct 29, 2010 at 1:20 pm

Here you go:

Web Link

"nonpartisan Congressional Research Service examined the 12 corridors of 500 miles or less with the most daily air traffic in 2007. Los Angeles to San Francisco led the list with 13,838 passengers; altogether, daily air passengers in these 12 corridors totaled 52,934. If all of them switched to trains, the number of airline passengers, about 2 million a day, would drop only 2.5 percent. Any fuel savings would be less than that; even trains need fuel."


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