https://www.waternewsnetwork.com/wp-content/uploads/2018/02/water-news-network.png 0 0 Ed Joyce https://www.waternewsnetwork.com/wp-content/uploads/2018/02/water-news-network.png Ed Joyce2018-03-21 09:12:132018-06-26 17:51:05OPINION: No On Prop 68: Parks And Water Bond Would Leave California In A Mountain Of Debt
OPINION: No On Prop 68: Parks And Water Bond Would Leave California In A Mountain Of Debt
All Californians desire clean air, clean water, coastal protection, environmental protection, flood prevention and safe, well-maintained recreation areas. That’s why our state already spends about $5 billion annually to support these types of programs, according to the nonpartisan Legislative Analyst’s Office. In June, voters will be asked to approve Proposition 68, the California Drought, Water, Parks, Climate, Coastal Protection and Outdoor Access For All Act, which would authorize the sale of $4.1 billion in bonds. The borrowed funds will have to be paid back over 40 years with interest.