League of Women Voters – Proposition 50 | TheUnion.com
YOUR AD HERE »

League of Women Voters – Proposition 50

WATER QUALITY, SUPPLY AND SAFE DRINKING WATER PROJECTS, COASTAL WETLANDS PURCHASE AND PROTECTION

Bonds. Initiative Statute

THE QUESTION



Should the state borrow three billion four hundred forty million dollars ($3,440,000,000) through the sale of general obligation bonds for a variety of water projects including coastal protection, the CALFED Bay-Delta Program, integrated regional water management, safe drinking water and water quality?

THE SITUATION




The state administers many programs for water quality, water management and protection of wetlands, rivers, watersheds and coastal areas. Funding for these programs comes from the state General Fund, federal funds and general obligation bonds. Since 1990, voters have approved about $3 billion of water related bonds. As of June 2002, a balance of about $1.1 billion remains for future projects.

THE PROPOSAL

Proposition 50 will authorize the sale of $3.44 billion in general obligation bonds for water projects including coastal protection, the CALFED Bay-Delta Program, integrated regional water management, safe drinking water and water quality.

FISCAL EFFECT

Costs are estimated at $6.9 billion over 30 years, or $230 million per year.

A YES VOTE means the state could issue $3.44 billion in general obligation bonds for specified water projects including coastal protection, the CALFED Bay-Delta Program, integrated regional water management, safe drinking water, and water quality.

A NO VOTE means the state would not be able to issue new general obligation bonds for specified water projects including coastal protection, the CALFED Bay-Delta Program, integrated regional water management, safe drinking water, and water quality.

SUPPORTERS SAY

— Provide California with a safe, reliable supply of clean drinking water.

— Create new water supplies to keep up with population growth.

— Protect rivers, lakes, streams, coastal wetlands, beaches and bays.

OPPONENTS SAY

— No new water storage such as reservoirs or dams is included.

— Proposition 50 will cost taxpayers $5.7 billion.

— A canal to divert water from the Sacramento River to the California Aqueduct is not included.

For more information:

Supporters: Californians for Clean Water & Coastal Protection, (916) 669-4796, http://www.prop50yes.com

Opponents: People’s Advocate, (800) 501-8222, http://www.peoplesadvocate.org

League of women voters


Support Local Journalism


Support Local Journalism

Readers around Grass Valley and Nevada County make The Union’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.

 

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User