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California State Agencies Have Established Controls That, if Followed, Should Provide Reasonable Assurance That Infrastructure Bond Proceeds are Used as Intended
California State Agencies Have Established Control

Our Price: $25.00
By Elaine M. Howel (ed)
Year: 2009
Pages: 31
Binding Paperback

Product Code: 1437913687

A review of the State’s efforts to manage the risks associated with maintaining and improving the State’s infrastructure. In Jan. 2006 Calif. initiated the first phase of a strategic growth plan to address Calif.’s infrastructure needs over the next 20 years. Calif. needs over $500 billion in infrastructure investment to meet the needs of a growing pop’n. over that time span. In the Nov. 2006 gen. election, the voters approved $42.7 billion in bonds to partially fund the State’s plan to rebuild Calif.’s infrastructure. A 2007 report outlines the risks facing the State in using the bond proceeds to effectively and efficiently maintain and improve the State’s infrastructure. This report determines the current status of the risks associated with the infrastructure bonds. Illustrations.

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