Capitol Alert

The latest on California politics and government

State Treasurer Bill Lockyer has released a detailed list of infrastructure projects that are at risk if the Pooled Money Investment Board votes Wednesday to suspend financing because of the Legislature's inability to close the state budget gap.

Lockyer said the move is necessary so the state can conserve cash as revenues lag and the political deadlock continues. The state is unable to sell bonds to replenish the pooled money fund.

The board -- Lockyer, Finance Director Mike Genest and Controller John Chiang -- meets at 10 a.m. to take up the matter.

The list can be viewed here.

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Shane Goldmacher and The Bee Capitol Bureau report on the people and politics of California government. Get e-mail alerts for breaking news, as well as exclusive previews of Capitol happenings and stories in tomorrow's Bee.

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