Form 8288-A for Burbank California 2023-2024

Form 8288-A for Burbank California: What You Should Know

In addition, the Council has expressed a need to be provided with an overall understanding of high-speed rail and Burbank's involvement in it, in light of the Council's commitment to addressing its own fiscal challenges. BACKGROUND. In March 2018, the Los Angeles County Metropolitan Transportation Authority (metro), Burbank's local government, held a workshop to review the impact of high-speed rail transit on the area. It concluded that, at least to the time the first passenger service is scheduled to begin operating, ridership projections are in line with, or greater than, anticipated ridership for existing high-speed rail transit systems, and that ridership would not be negatively affected by the proposed high- speed rail station and terminal in Burbank. The workshop also found that there is little risk that the high-speed rail project would impact existing Burbank water and power facilities. However, in the coming year and a half, water and power services will likely be disrupted and impacted by the project if and when operating and maintenance costs go up substantially, particularly during construction. It is anticipated that operating and maintenance costs (O&M) will total at least 7-9 million per year for the first year or so of operation. Based on anticipated rates, it is estimated that the anticipated total project operating costs will increase by as much as 5-7 million each year, on average, and eventually reach 20-25 million per year. O&M's costs are typically highest when new construction or substantial expansion is underway. It is expected that this project will impact many Burbank water and power customers through their connections to the proposed high-speed rail system at the proposed Burbank Station. This disruption may include interruptions of service on the Burbank line and in Burbank. It is believed that the anticipated impact to service is not likely to become particularly large for customers who have water and/or power contracts with the Burbank Water and Power and/or the Los Angeles Department of Water and Power.

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