The odds don’t look good for the first phase of infrastructure and public works bonds being placed on the June 6 statewide ballot… that, according to Senate President Pro Tem Don Perata (D-Oakland).

In a Q&A with reporters this morning, Perata said the timeline for getting a bond package together makes the November ballot seem much more reasonable.

“It’s too tall of an order,” said Perata.

At the same time, the Senate’s top Democrat said the work on the package of proposals (from both Governor Schwarzenegger and various legislators) must begin now, or else fall victim to the “inertia” that often creeps in at the Capitol.

Also still under review, he said, was the structure of how to put all of this on the ballot. The current discussions are focused on a bond package that will fund multiple projects. But there’s still the issue of the so-called “single subject” rule to deal with, the constitutional provision that says intiatives (bonds included) that cover more than one subject are a no-no.