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Innovative Finance - Division of Budgets - Home Page

Mission Statement

The Office of Innovative Finance maximizes available resources by exploring and utilizing traditional and innovative financing strategies.

Innovative Finance Defined

Innovative Finance is a term that refers to moving the transportation funding process from a strategy of solely utilizing traditional funding to a diversified approach that includes innovative financing concepts developed both from the public and private sectors.

The primary objectives of Innovative Finance are to:

• Maximize the State's ability to leverage Federal, State, and Local capital for needed investment in California's transportation system;
• More effectively utilize existing funds; and
• Move projects into construction more quickly than under a traditional financing mechanism.
  

Innovative Finance - Staff Contact List

For additional information, please contact Innovative Finance: