Capital Outlay, Infrastructure Publications

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Report

Bonds and the 1994 Ballots

January 6, 1994 - The Legislature faces important decisions on the bond package to be placed on the 1994 ballots. We urge the Legislature not to use an arbitrary debt-service ratio as the sole or driving factor in making decisions on bonds. The key consideration should be the tradeoff of using state revenues to pay debt service on bonds to develop infrastructure versus using these revenues to support or enhance other state programs. It is critical that the Legislature establish infrastructure priorities and target future state bonds to address these priorities.

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Deferred Maintenance in State Facilities

March 1, 1993 - This reprint from our Analysis of the 1993-94 Budget Bill discusses the problem of deferred maintenance in state facilities. State agencies that control significant state assets have developed a deferred maintenance backlog totaling $820 million. In general, this backlog has occurred due to the underfunding of ongoing maintenance and special repair projects and the redirection of monies budgeted for maintenance to other activities. Failure to address this backlog will shorten the useful life of state facilities and result in more costly expenditures for renovation or replacement. We make recommendations to prevent any further redirection of maintenance funding and to require the state agencies to prepare multi-year strategies to properly address their maintenance and to eliminate deferred maintenance backlogs.

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Bonds and the 1992 Ballots

January 1, 1992 - The Legislature faces critical decisions on the bond package to be placed on the 1992 ballots. In this policy brief, we discuss the many considerations involved in making these decisions in light of the large magnitude of the state's infrastructure needs.

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Local Housing Elements and State Housing Bonds: A Report on Housing Activities in Communities Applying for State Bond Funds

October 10, 1991 - Local Housing Elements and State Housing Bonds: A Report on Housing Activities in Communities Applying for State Bond Funds

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State Infrastructure

February 1, 1991 - In this analysis, we examine some of the major infrastructure- related problems facing the Legislature. These include: (1) identifying the state's infrastructure needs; (2) setting priorities to meet these needs; (3) assessing the state's ability to finance additional bonded indebtedness needed for infrastructure; and (4) establishing a financing plan to carry out the Legislature's priorities, including the extent and timing of future bond measure submittals to the voters.

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Uses of State Bond Proceeds

February 1, 1991 - The state is faced with a large and growing need to revitalize and expand its infrastructure. As discussed in the preceding analysis, doing this requires that it rely on bonds as a financing source. As the state continues to increase its use of bonds for capital projects, it becomes even more important that the bond funds be used in ways that maximize their effectiveness in achieving the state's capital outlay goals.

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Capital Outlay for Postsecondary Education

February 21, 1990 - In this analysis, we assess for each segment of postsecondary education: (1) long-range enrollment plans, (2) the potential need for new campuses, and (3) how each segment's five-year capital outlay plan addresses needs associated with enrollment growth.

Report

State Infrastructure

February 1, 1990 - The state is faced with a large and growing need to revitalize and expand its infrastructure. Although the state does not have a comprehensive plan to identify its specific capital outlay requirements and associated costs, it is clear that the state's infrastructure needs are in the tens of billions of dollars. To better identify these requirements, establish priorities and develop an appropriate financing plan for this infrastructure, the state needs a comprehensive multi-year capital outlay plan. Until such a plan is available, however, we suggest the Legislative establish criteria to assess specific capital outlay proposals. We also believe the Legislature should establish standards for maintenance of state facilities and set as a high priority goal the elimination of deferred maintenance.

Report

Bonds and the 1990 Ballots

January 1, 1990 - One of the more significant issues facing the Legislature during the next several months will be to decide what bond measures it should place on the June and November statewide ballots for voter approval. This decision is important because bonds are the principal means by which the state's infrastructure needs are currently being financed, and a large and growing inventory of unmet infrastructure needs exists. How well the state's infrastructure needs are addressed will be a principal determinant of the future health of the state's economy and the quality of life for many Californians in the years to come.

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The Level of State Indebtedness

February 1, 1989 - The Level of State Indebtedness

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A Perspective on Bond Financing

December 1, 1987 - This report deals with the general subject of bond financing, including the policy factors which the Legislature must consider regarding the use of bonds.

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State and Local Borrowing

February 1, 1987 - State and Local Borrowing

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Transportation and Waste Treatment Infrastructure

February 1, 1987 - Transportation and Waste Treatment Infrastructure

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Infrastructure­The Silent Cost

February 1, 1987 - Infrastructure­The Silent Cost

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Higher Education Facilities Planning

February 1, 1987 - Higher Education Facilities Planning

Capital Outlay, Infrastructure Staff