Publications

Capital Outlay, Infrastructure

To browse all LAO publications, visit our Publications page.



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.


Report

The Level of State Indebtedness

February 1, 1989 - The Level of State Indebtedness


Report

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.


Report

State and Local Borrowing

February 1, 1987 - State and Local Borrowing


Report

Transportation and Waste Treatment Infrastructure

February 1, 1987 - Transportation and Waste Treatment Infrastructure


Report

Infrastructure­The Silent Cost

February 1, 1987 - Infrastructure­The Silent Cost


Report

Higher Education Facilities Planning

February 1, 1987 - Higher Education Facilities Planning


Report

State Bonds After Federal Tax Reform

February 1, 1987 - State Bonds After Federal Tax Reform


Report

The New Prison Construction Program at Midstream

April 1, 1986 - During the past several years, the Legislature has authorized a major expansion of the state's prison system. This expansion provides for 12 new prisons and additions to existing prisons which will cost more than $1.5 billion to build and about $750 million annually to operate. This report examines the Department of Corrections' progress in bringing these prisons on line.


Report

Financing School Facilities

February 20, 1986 - We believe that the best long-term solution to financing the construction and reconstruction of local school facilities is to return the primary responsibility for raising revenues to the local school districts themselves. In this piece, we discuss how this can be accomplished, while conforming to the principles of equity in school finance enunciated by the California Supreme Court in Serrano v. Priest.


Report

State and Local Borrowing

February 1, 1986 - State and Local Borrowing


Report

New Prison Construction

February 1, 1986 - New Prison Construction


Report

Cogeneration Equipment Investments: The Effects of Rapid Amortization

June 1, 1985 - In 1980, the California Legislature enacted AB 1404 (Chapter 1328, Statutes of 1980), which shortened the time period over which certain cogeneration equipment can be depreciated for California tax purposes. Specifically, AB 1404 provides that certain cogeneration equipment placed in service before January 1, 1986, can be depreciated over either a one-year or five-year period when the equipment is located in-state, and over a five-year period when the equipment is located out-of-state. Prior to AB 1404, the amortization period for cogeneration equipment corresponded to the useful economic life of the equipment. This could be as much as 20 years or more.


Report

State and Local Borrowing

February 1, 1985 - State and Local Borrowing


Report

The Condition of The State's Infrastructure

February 1, 1985 - The Condition of The State's Infrastructure