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Capital Outlay (3)
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The 2023-24 Budget: Financing Approaches for Capital Outlay Projects

Feb 28, 2023 - On the other hand, cash financing has certain benefits over bonds. Most notably, using cash can lower overall spending for a project. This is because the state does not have to make interest payments.
https://lao.ca.gov/Publications/Report/4709

Evaluating California's Pursuit of Zero Net Energy State Buildings

Nov 14, 2017 - Notably, for the proposed ZNE projects that we reviewed, six project proposals included estimates of the incremental costs of adding ZNE, and a handful of other projects estimated the cost of adding solar PV alone.
https://lao.ca.gov/Publications/Report/3711

The 2016-17 Budget: The Governor's State Office Building Proposal

Feb 9, 2016 - On the one hand, it can be reasonable to fund infrastructure projects through a pay –as –you –go approach. Pay –as –you –go is typically somewhat cheaper than borrowing since the state does not have to pay interest.
https://lao.ca.gov/Publications/Report/3347