There’s a lot about this project that I don’t understand, bonds are part of that.
I am also wondering about how much of this money is stimulus money because there are already restrictions on that money and the jobs created by it, that hey pay prevailing wages to union members only.
So, are they going to unionize all the illegals in San Pedro and surrounding area?
I don’t know that you can get an easy breakdown of the funding. I know I created a spread sheet back in 2007 showing source of funds and posted it - but I can’t find it now. While that was pre-stimulus, it did include funds that were to be provided by “federal” sources (as well as public-private partnerships - the Buffet equation). I was able to locate this (summary) explanation of the $107 billion in Transportation funds that I mentioned above (which was also part of a larger $222 Billion “infrastructure” plan):
http://www.dot.ca.gov/docs/strategicgrowth.pdf
“Investments for the Future
The SGP [Strategic Growth Plan] calls for investing $107 billion in transportation infrastructure during the next decade. Funding includes $47 billion in existing transportation funding sources such as the gas tax, sales tax on gasoline, and federal funds. A total of $40.1 billion in new funding is proposed from other fund sources and leveraging existing funds to attract increased federal, private, and local funding. The remaining $19.9 billion of need will come from General Obligation (GO) bonds.”
A much more detailed version can be found here:
http://www.dof.ca.gov/capital_outlay/reports/documents/Infra-Plan-08-w.pdf
There is also a bunch of stuff posted here on FR. Some keywords to get you there:
http://www.freerepublic.com/tag/strategicgrowthplan/index
http://www.freerepublic.com/tag/calbondage/index
http://www.freerepublic.com/tag/bigbangbonds/index