communities
market insights
notes from jim haughey
california tax revolt threatens public constructionCalifornia tax revolt threatens public construction
Featured in:
Join the Discussion!
- Login to post a comment
Print this Page
RSS Feed
Share
If the key propositions fail, California’s carefully crafted budget compromise will unravel leading quickly to further massive public spending cuts. These cuts will violate the terms of the national economic stimulus plan which requires “maintenance of effort” to be eligible for the funds. Florida and other financially troubled states have already been forced to undue budget cuts to qualify for stimulus funds. $6.8B of stimulus funds allocated to California is already in jeopardy. The Obama administration has ordered California to reverse a $2.00/hour pay cut ($74M) for home healthy care workers represented by the Service Employees International Union (SEIU) or forfeit the $6.8B. Reversing the pay cut would require a 2/3’s vote of the legislation which is very unlikely because the cut is part of the compromise budget plan.
California voters know all this but are apparently so angry with the state government over bloated pay and benefits for public employees that they are again, as in 1978, willing to endure an interruption of public services to make a long tern fix. Although the same voter anger has not yet reached most other states when most of the larger states, except Texas, are forced to make nearly California size budget cuts and tax increases. States survived fiscal year 2008 with less painful cuts and tax increases and drawing down reserve funds. That well is now dry in most states. Expect California style budget plans in many states in the next year. Some will be rejected by angry voters forcing deep cuts in public construction for several years.
- 2010 Building Construction Cost Data is the most used, most quoted, and most reliable unit price book available to the construction industry. Presented in this 68th edition are nearly 23,000 unit costs for building components, arranged in the CSI MasterFormat 2004 system.
- Complete Book of Framing illustrates virtually every job in house framing - from layout to floors, walls, roofs, stairs, doors, and windows. Contains hundreds of full-color photos and easy-to-interpret illustrations.
- Unit Price Estimating Methods is an indispensable resource to strengthen your unit cost estimating skills. All the things you need to know about taking off and pricing detailed unit price construction estimates.
- RSMeans Facilities Maintenance & Repair Cost Data 2010 is the first-ever publication to address the cost of all aspects of maintaining your facility: maintenance and repair, preventive maintenance, general maintenance, and complete details about the cost and repair frequencies of thousands of work items.
- Residential & Light Commercial Construction Standards is the essential one-stop reference on quality standards for construction, compiled from the nation's leading professional associations, industry publications, and building code organizations.
Member Comments
Related Information
 | Forecasting the need for product is one of the most difficult tasks required for planning. The effort requires understanding product demand by building type, geography and construction type. It also requires knowing your market share, your competitors market share and how these change over time. The RSMeans Product Demand Dashboard provides all of this information aggregated in a single dashboard available from anywhere you can access the web. |
