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Water funds by the bucket: What’s in the bond package?

Posted by: Aqua Blog Maven on November 7, 2009 at 8:15 am

From the Sacramento Bee:

“Gov. Arnold Schwarzenegger on Friday began signing bills in the just-passed five-bill water package. He is expected to sign the centerpiece, an $11.14 billion general obligation bond scheduled to go before voters on Nov. 2, 2010, early next week.

To win passage in the fractured Legislature – and to ultimately have more appeal to voters in every corner of the state – the bond measure is loaded with buckets of money for a variety of water development and environmental protection causes. Some of the money will be handed out through grants by various state agencies. Other pots of money will be available for the Legislature to spend in the future.

The bond was about $10 billion as it left the Senate, but the Assembly added another $1 billion in projects, prompting critics to assail the measure as a “Christmas tree” of spending. Here are the details: …”

Read more from the Sacramento Bee by clicking here.

November 7, 2009 · Filed Under Water Legislation

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