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.