Long-Term Infrastructure Picture Not Pretty

Summary


One year after California voters approved the largest bond package in state history to fund highways, schools, levees, parks and housing, most will be under the impression that the infrastructure problem is well under control.

However, one year later, it's more of a "not exactly" situation.

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Long-Term Infrastructure Picture Not Pretty

A panel of experts convened by the Keston Institute for Public Finance and Infrastructure Policy last week illuminated some sobering realities regarding the funding of California's infrastructure. Despite the billions approved by the voters in 2006, only 5 percent of those fund...

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