#CAeconomy Connection
Road Work Ahead: Facing California’s $750 billion, 50,000-mile-long problem
It’s no stretch to call California’s infrastructure the state’s economic backbone. And yet from upgrading school buildings to expanding public transit, estimates show California needs to invest more than $750 billion over the next 10 years to meet the needs of a growing population.
It’s a massive fiscal challenge–one that demands a clear set of priorities for public projects, a defined sense of how to achieve these goals, and a plan for how to pay for it.
We hope to jumpstart this conversation with “Road Work Ahead: Mapping California’s Infrastructure Future,” a web series about how the state can meet this infrastructure challenge.
Check out some of the important perspectives we’ve featured:
California demographic changes demand new way to pay for infrastructure
California’s population on collision course with funding shortfall
Rebuilding our public facilities: California Forward’s smart investment strategy
State needs to invest $700 billion in infrastructure in the next decade
California’s next budget challenge is 50,000 miles long and will cost more than $750 billion
Just getting California’s roads, buildings in good repair vital to economy
That’s a wrap! Regional forums set stage for Summit in November
“A piece of criticism that will never be leveled at organizers of a regional economic summit held in Seaside on Thursday is that they are timid about taking on daunting issues.”
-The Californian
It’s been a busy few months with 16 regional economic forums completed around the state. We were at all of them, listening to local leaders and gathering info on the economic priorities from California’s regions big and small.
Go back and read our dispatch from your region to find out what daunting issues were brought up and which priorities will set the stage for the second annual California Economic Summit in Los Angeles on November 7-8.
Mixed signals sent by California economy
State job numbers showed some growth and uncertainty. Some regions and sectors, like construction, are making progress. Read more…
CEQA Roundup – The Good, Bad & Potentially Bad: What business thinks of reform bills
Taking stock of CEQA reform progress as bills make their way through Legislature
Long Beach Community College leader takes national seat
LBCC president will advance closing minority achievement gap
VIDEO: Why should high-speed rail start in the Central Valley?
Leaders say why it’s important to begin massive rail project in region
Road to the Summit: A good problem to have – Silicon Valley wrestles with its growth
Even California’s tech boom hub lacks skilled workers
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