Funding

Total costs for Phase I of the project (Belen to Bernalillo), are $135 million.

This includes $75 million in state money for the purchase of train cars and locomotives, the design and construction of stations, and track and signal improvements. $50 million in state money is allocated for purchase of the track and rights-of-way from Belen to Bernalillo. Sandoval County contributed $10 million for the purchase of an additional train set, and for station development in Sandoval County.

Phase II costs of the project (Bernalillo to Santa Fe) are estimated between $240 and $255 million. This includes the purchase of existing track and construction of new track, design and construction of stations, and the acquisition of more cars and locomotives.