OPINION: California Prop. 3 Shifts Water Project Costs But Not Benefits To All Taxpayers

What’s being sold as commonality between Republicans and Democrats on environmental concerns based on support for Proposition 3 is a false premise. Prop. 3 is not what it appears to be. There are several bad ideas incorporated in this $8.9 billion bond statewide bond measure. A shift of the fiscal burden for water delivery systems from corporate agriculture and water agencies to the general public. How? The bonds would be repaid out of the state’s general fund, thus all taxpayers, not just the project beneficiaries, would foot the bills. Another good deal for large, well-connected water interests, and one more bad deal for the average taxpayer.