Gov. Arnold Schwarzenegger said he will renew his push for public-private partnerships in transportation during 2008. “P3 is part of our overall economic development strategy for California, and you will hear much more about that in my state of the state address this coming January. We will be talking about that a lot,” Schwarzenegger said Tuesday in his keynote address at a conference on California’s digital infrastructure organized by the University of Southern California Annenberg School’s Center for the Digital Future. It’s not the first time the Republican governor has endorsed P3s, but so far the reaction from Democrats, who control the Legislature, has been cool. “Simply put, to keep our economy moving we have to do everything that we can in order to create the infrastructure faster, cheaper, and better, and I think that we can do that with the public-private partnership,” Schwarzenegger said. “It’s just that right now it is such a new concept for our legislators that they’re not there yet 100%. They are concerned about it, they’re suspicious about it, what it means, and so I think it will take a little bit of time. But I think the next round of infrastructure that we’re going to do there will be much more public-private partnerships.”
-
The new-issue calendar is at $15.637 billion and boasts four mega deals.
October 17 -
State and local pension funds are "surviving but not thriving," said Equable in its State of Pensions 2025 report.
October 17 -
By delaying the bill signing, Oregon Gov. Tina Kotek shortens time opponents have to gather signatures for a measure to overturn the transportation bill.
October 17 -
Maryland's Capital Debt Affordability Committee is recommending the state stick to its guns by endorsing a plan to borrow up to $1.75 billion for capital projects in the coming fiscal year, despite the job shedding inflicted by the Trump administration's plans to shrink the federal government.
October 17 -
The bill was a response to a charter school fraud that took the state for $400 million, but Gov. Gavin Newsom said the proposed reforms were too expensive.
October 17 -
Frederick Putnam has joined Texas Capital's government, nonprofit and institutions team as managing director, senior relationship manager.
October 17