Proposition 68, which 56 percent of California voters approved June 5th, authorized $4.1 billion in bond funds, roughly split into thirds, for water, park and environmental protection projects, on mostly small ball work.
The measure will primarily focus on sites in Southern California and sets aside $200 million for restoring and improving water quality in San Francisco Bay and the Sacramento-San Joaquin River Delta, which were the big beneficiaries of the Prop. 1 bond that passed November 2014 and is just starting to pay for work.
In November, California voters will have a chance to vote on the 24th water bond proposed by the state since 1970. This one is a privately sponsored proposal called the “Water Supply and Water Quality Bond Act of 2018.” It will add $8.9 billion to the bond tab, which after the passage of Prop. 68, stands at $34.7 billion in the last 48 years.
The Association of California Water Agencies, which represents more than 400 water suppliers across the state, has endorsed both the November bond measure as necessary for maintaining California’s sprawling water infrastructure.
“Intelligent voters ought to think of the measures as a pair,” said Tim Quinn, executive director of the water agencies. “Together they give a substantial amount of momentum for things that are important for California.”
Called most of the money in the November bond issue goes to state agencies to fund their programs. Here’s a comparison chart:
As always, ECAis pleased when the state decides to spend money in our primary market segment, but we sure wish they would hurry up. Only about a billion of the $7.5 billion from the November 2014 Prop. 1 bond issue has been allocated.
By Dave Sorem, P.E.
ECA Government Affairs Chairman
email: [email protected]