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News & Alerts:

Little Hoover Commission Releases Infrastructure Report

(February 2, 2010) The Little Hoover Commission recently released a report highlighting the need for better coordination and prioritization of California’s infrastructure investments.  The Commission also acknowledged the Business Roundtable’s role in the creation of the State’s 5-Year Capital Outlay plan and for the report released by the Roundtable several years ago Building a Legacy for the Next Generation which highlighted the need for infrastructure investment in California.

“The way California currently spends its infrastructure dollars lacks a long-term vision and a systematic process for prioritizing projects. The administration and the Legislature have not adequately coordinated departments’ activities and their dozens of programs. With the current fiscal crisis only deepening, California’s pattern of borrowing money through general obligation bonds and repaying debt through the General Fund to pay for infrastructure investments will force further spending cuts in healthcare, social services, education and public safety programs.  To deliver on its golden promise, California must think harder and spend smarter on the roads, bridges, levees, schools, prisons and canals it builds. And it must take better care of its assets so that they continue to serve the Californians of tomorrow.” 

For the entire report please click here.

 

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