California this year will vote on not one but two water bond measures totaling $13 billion. Given that the state still hasn’t spent all of the $7.5billion from the Proposition 1 water bond passed in 2014, it raises a crucial question: Does California really need another $13 billion in water bonds? As of December 2017, the state had allocated only about $1 billion from Proposition 1. About half of the total money available from the bond is dedicated to new water storage under a complicated new process that funds only the “public benefits” of such projects.
https://www.waternewsnetwork.com/wp-content/uploads/2018/02/water-news-network.png 0 0 Andrea Mora https://www.waternewsnetwork.com/wp-content/uploads/2018/02/water-news-network.png Andrea Mora2018-05-21 19:01:282018-06-26 17:50:27Five Things To Know About Water Bonds On Upcoming California Ballots