On February 12, 2019, Governor Gavin Newsom in his first State of the State address announced that, while work would continue on the 171-mile (275 km)[9] Central Valley segment from Bakersfield to Merced, the rest of the system would be indefinitely postponed, citing cost overruns and delays.[10] Project costs have escalated significantly from an initial estimate of $33.6 billion in 2008[11] for the Anaheim to San Francisco section according to the 2008 business plan, and a $40 billion total figure given to voters whose approval was sought in 2008.[12][13] The 2008 business plan proposed a 2028 completion date for Phase 1 and a one-way fare of $55 from Los Angeles to San Francisco.[14] In 2012 the Authority re-estimated the project's cost at $53.4 billion (2011$) or $68.4 billion (YOE)[15] In 2018 the Authority pushed estimated costs to between $63.2 billion and $98.1 billion (YOE) and delayed initial service to 2029, with Los Angeles to San Francisco service in 2033.[16][17][18] However, environment reviews for the entire San Francisco to Anaheim route would continue.[19][20] The cost for Bakersfield to Merced is $10.6 billion.[21]
