1. Just the Facts Please! California High Speed Rail Projections January 2009
2. Population Facts Metro MSA Area Population Tourist Rooms Sold (In millions) Boston 4,522,858 11.7 Bridgeport/Stamford 895,030 Providence/New Bedford 1,596,611 New Haven 846,101 NYC/NJ 19,006,198 23.9 Philadelphia 5,838,731 10.2 Baltimore 2,667,117 6.6 DC 5,358,130 22.8 Totals 40,730,776 75.2 SF/Oakland 4,274,531 13.4 San Jose 1,819,198 Fresno/Modesto/Bakersfield 2,220,152 LA 9,862,049 25.5 Anaheim/Orange County 3,010,759 13.9 San Diego 3,001,072 14.2 Totals 24,187,761 67 Source: US Census http://www.census.gov/popest/metro/CBSA-est2008-annual.html Source: Forbes Magazine http://tinyurl.com/m8j85t
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5. The legislature has demanded CHRSA deliver a detailed business plan. The Dec. 2009 plan omits the most critical section of any business plan which is a profit and loss statement.
6. Ask the CHRSA to submit a business plan with a profit and loss statement showing results at various ridership levels starting at 4.67 million passengers per year for the LA to SF segment
7. Why Base the Plan on 4.67 million? Assume optimistically that CHSRA can capture 50% of the Core Market
8. Data Point: The UC Institute of Transportation Studies estimates that everyone who drove and flew between the Los Angeles basin and the San Francisco Bay Area in 2007 totaled eight million people. http://innovations.coe.berkeley.edu/vol3-issue9-nov09/highspeedrail