(Mark Your Calendars: RealShare REAL ESTATE 2012, March 22^nd in Los Angeles).
SACRAMENTO-Water and urban runoff top the list of infrastructure sectors that need the most immediate attention in the state, Yaz Emrani, executive committee co-chair for the American Society of Civil Engineers’ California Infrastructure Report Card and co-chair of the infrastructure policy committee for ASCE Region 9, tells GlobeSt.com. The finding came from the California Infrastructure Report Card 2012, which ASCE’s Region 9 just released, giving California’s infrastructure an overall grade of “C.”

Moreover, the report—the second one issued since 2006—found an additional annual investment of $65 billion is needed to improve the total infrastructure to an adequate level. This amount includes what Emrani reveals to GlobeSt.com is roughly $4.6 billion per year for the next decade to fix the state’s water infrastructure, which was the only grade to decrease from the 2006 report card—down from a C+ to a C. Ensuring adequate supply is a main concern for the current system, he adds.

“We’ve outlived our use of the existing infrastructure,” Emrani explains. “It’s pretty old, and there’s a huge argument for renewing the infrastructure so it can meet existing and future demands. We want to bring it up to a grade of B, which is the minimum acceptable grade in California.”