How are large infrastructure projects--such as high-speed rail or school construction--usually funded in California?
A)through user fees
B)through sales taxes imposed on all consumers
C)through issuing or selling bonds that the state will repay with interest
D)through a combination of tax and fee increases,a "pay as you go" approach

Question

Quizplus · Accepted Answer

Large infrastructure projects in California are usually funded through issuing or selling bonds that the state will repay with interest. This allows the state to finance the project upfront and pay it off over time with the revenue generated by the project. This approach is commonly used because it allows the state to spread out the cost of the project over many years, making it more affordable.

How Are Large Infrastructure Projects--Such as High-Speed Rail or School