2026 Draft Business Plan

California mayors, including Fresno Mayor Jerry Dyer, oppose Governor Gavin Newsom's high-speed rail project, warning it could legally and fiscally exploit local tax bases to fund the $126 billion system. The 2026 Draft Business Plan proposes redirecting local tax revenues near rail stations, which mayors argue undermines local governance and constitutional protections. The California High-Speed Rail Authority denies finalizing such a plan but acknowledges exploring funding tools.

California mayors, including Jerry Dyer of Fresno, oppose Gov. Gavin Newsom's high-speed rail plan, warning it could divert local tax revenues to fund the $126 billion project. The High-Speed Rail Authority denies capturing local funds, while critics highlight fiscal recklessness and legal risks. The project, delayed for nearly two decades, faces scrutiny over cost overruns and funding strategies.