Toll roads have long inspired suspicion in the land of the freeway, but with the state’s ability to deliver congestion-relieving projects imperiled, will they finally win a spot in California’s mobility plans? If so, which vision will carry the day – Gov. Schwarzenegger’s call for more Public-Private Partnerships, or the “Public-Public Partnership” model advanced by the California Transportation Finance Authority?

In order to continue to provide the highest possible level of essential services to constituents, municipalities and enterprises have implemented significant policies and initiatives to reduce costs and increase revenues. Given the prolonged period of economic recovery, a number of municipalities have recently adopted and implemented strategies to further enhance near-term cashflow. These successful strategies have included restructuring debt and bond financing for capital projects as opposed to pay-as-you-go financing. Properly structured, these prudent strategies can both increase near-term cashflow and be a "credit positive" event. The panel will discuss pertinent factors for both issuers and investors.