Rethinking Statewide Infrastructure Policies: Lessons from California and Beyond

Over the next 10 years, California faces a daunting infrastructure challenge. According to the California State Treasurer’s Office, the state needs to invest $82 billion to repair and maintain current structures and build new ones. Projected state and local revenue sources will meet only about 50% o...

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Bibliographic Details
Published in:Public works management & policy 2001-07, Vol.6 (1), p.5-17
Main Author: Dowall, David E.
Format: Article
Language:English
Subjects:
California
Economic development
Economic policy
Finance
Infrastructure
Local Government
Public Finance
Revenue
State Planning
States (Political Subdivisions)
United States
Citations: Items that this one cites
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Summary:Over the next 10 years, California faces a daunting infrastructure challenge. According to the California State Treasurer’s Office, the state needs to invest $82 billion to repair and maintain current structures and build new ones. Projected state and local revenue sources will meet only about 50% of this need. Unfortunately, California’s infrastructure planning and financing process seems to be broken as well. According to the Legislative Analyst’s Office, the state government (a) lacks a stable funding source for infrastructure investment programs, (b) reviews these programs on an ad hoc basis, and (c) does not have an administrative or legislative evaluation of infrastructure investment requirements. This commentary argues that many states, including California, need to rethink their approach toward infrastructure planning and finance.
ISSN:1087-724X
1552-7549
DOI:10.1177/1087724X0161002