Analysis of the Budget Bill (Major Analyses)
Capital Outlay
Governor’s 2008 Infrastructure Bond Proposal
February 20, 2008
The Governor’s budget proposes to ask for voter approval of $48 billion in general obligation bonds. In this piece, we provide an update on the implementation of the bond package approved in 2006, describe the Governor’s new bond-related proposals, and analyze how the proposed additional bonds would affect the state’s debt-service payments for infrastructure.review infrastructure
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