“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.”
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