California Department of Transportation : Low Cash Balances Threaten the Department's Ability to Promptly Deliver Planned Transportation Projects

Concerns the Calif. Dept. of Transportation's ability to deliver transportation projects. The department's ability to promptly deliver transportation projects is affected by low cash balances in the State Highway Account & Traffic Congestion Relief Fund, &, consequently, delayed & canceled transportation projects will negatively affect the State's aging transportation system. This report shows that: cash shortages are delaying many of the Dept.'s planned transportation projects; several factors caused the cash shortage that has delayed transportation project delivery; the Dept. is overly optimistic about its future revenue; the Dept. has alternatives for short-term project funding; & recommendations.Howle, Elaine M. is the author of 'California Department of Transportation : Low Cash Balances Threaten the Department's Ability to Promptly Deliver Planned Transportation Projects', published 2003 under ISBN 9780756737306 and ISBN 0756737303.