The 2018-19 Budget: Department of General Services

Feb 20, 2018 - (We note that this is a revised estimate from the 30 years identified in the department ’s budget proposal, which DGS subsequently determined included certain errors.) Based on our review, however, DGS ’ 45-year estimate is based on some assumptions that do not appear to be realistic, including: No Discounting of Future Savings and Costs.
https://lao.ca.gov/Publications/Report/3758