Analyses of GARVEE Bonding Capacity 2008

Analyses for the California Transportation Commission

State Treasurer Bill Lockyer

Table of Contents

Executive Summary

1. Purpose of Analyses
2. The 2004 GARVEE Financing
3. Need for Sensitivity Analyses
4. Information Sources
5. Summary of Alternative Assumptions
6. Summary of Results
7. California Transportation Commission Policy
8. Recent Events
9. Conclusion

Attachment A:
Federal Deposits Into the State Highway Account (PDF File)

Attachment B:
Detailed Assumptions for Sensitivity Analyses

Attachment C:
Detailed Worksheet for Sensitivity Analyses

Attachment D:
Detailed Summary Tables for Sensitivity Analyses