Also published at FoxAndHoundsDaily.com
I’m pleased with the actions taken by Republicans and Democrats to forge a bipartisan compromise on a water bond that will appear on this November’s ballot. The $7.5 billion dollar plan is important for a number of reasons.
First and foremost, while we’ve passed five or so “water” bonds in the past 15 years in the amount of $19 billion dollars, this is the first recent bond that actually contains significant funding for new water storage. This is money that will be matched with federal and local funds to build two new reservoirs – one in Northern California and the second on the San Joaquin River in Central California.
Republicans have consistently said that new storage is essential for providing a reliable water source.
To that point, $2.7 billion dollars – nearly 40 percent of the bond funds – are dedicated to new storage projects. Significantly – these projects will also receive continuous appropriation – which means the funding can’t be blocked by the Legislature in the future.
There are many other line items in the bond language, including …read more
Source: State Senator Bob Huff