OPINION: PRO/CON: Is Prop. 3 A Water Fix Or Billionaires’ Windfall?

Proposition 3 would issue $8.9 billion in general obligation bonds for a range of water infrastructure projects. The funding breakdown includes $2.4 billion to restore and protect watersheds and another $4.1 billion for disadvantaged communities seeking to improve their water infrastructure. Prop. 3 would also allocate $640 million for groundwater improvements and $500 million for safe, affordable drinking water. Yes: Initiative’s main backer says Prop. 3 will meet state needs as population grows and climate changes. No: Sierra Club leader says Prop. 3 benefits billionaire stakeholders and could harm the environment.