The Keston Institute for Public Finance and Infrastructure Policy at the University of Southern California plans its fourth forum Wednesday morning in a series created to assess the performance and progress of California’s 2006 infrastructure bonds.

The state’s voters in November 2006 approved five separate infrastructure bond measures authorizing more than $42 billion in general obligation bonds for purposes that include transportation, flood control, school construction, affordable housing and water supply protection.

Wednesday morning’s forum will bring together representatives of major state agencies to discuss how the bond program is being implemented and how the state’s current tight financial situation is influencing debt-funded capital construction.

State Senate Majority Leader Dean Florez, D-Shafter, will deliver opening remarks. Other participants include deputy state treasurer Katie Carroll. Nicole Bullock of the Financial Times will moderate. The program runs from 8:30 a.m. until noon.

The program is free but an RSVP is requested. More information is available at the

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