$6 Billion Water Bond

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$6 Billion Water Bond

$7.5 BillionWater Bond Passes State Senate - update August 15

Jerry Brown Presses Case on $6 Billion Water Bond

Gov. Jerry Brown, pressing his case Tuesday for a smaller water bond on the November ballot, criticized the existing, $11.1 billion bond as "pork-laden" and "with a price tag beyond what's reasonable or affordable."

Brown has been pushing for a $6 billion bond since June, with $2 billion of that amount for dams and other water storage projects. The proposal he released Tuesday maintains those figures. It includes about $1.2 billion for statewide water habitat and watershed projects, $750 million for regional water reliability projects and $475 million for levee,flood protectionand ecosystem projects in theSacramento-San Joaquin Delta.

In a letter on his campaign website, Brown called his plan "a no-frills, no-pork water bond that invests in the MOST CRITICAL PROJECTS without breaking the bank."

"Five years ago, state legislators and the Governor put a pork-laden water bond on the ballot - with a price tag beyond what's reasonable or affordable," Brown wrote. "The cost to taxpayers would be enormous - $750 million a year for 30 years - and would come at the expense of funding for schools,health careand public safety. This is on top of the nearly $8 billion a year the state already spends on bond debt service."

Source: The Sacramento Bee

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