June 4, 2018 - The following information is provided by the California Secretary of State on Proposition 68, California Statewide Ballot Measure for the June 5, 2018 Election.
PROP
68
AUTHORIZES BONDS FUNDING PARKS, NATURAL RESOURCES PROTECTION, CLIMATE ADAPTATION, WATER QUALITY AND SUPPLY, AND FLOOD PROTECTION.
SUMMARY
Put on the Ballot by the Legislature
Authorizes $4 billion in general obligation bonds for: parks, natural resources protection, climate adaptation, water quality and supply, and flood protection. Fiscal Impact: Increased state bond repayment costs averaging $200 million annually over 40 years. Local government savings for natural resources-related projects, likely averaging several tens of millions of dollars annually over the next few decades.
WHAT YOUR VOTE MEANS
YES - A YES vote on this measure means: The state could sell $4.1 billion in general obligation bonds to fund various natural resources-related programs such as for habitat conservation, parks, and water-related projects.
NO - A NO vote on this measure means: The state could not sell $4.1 billion in general obligation bonds to fund various natural resources- related programs.
ARGUMENTS
PRO - California faces droughts, wildfires, floods, and other challenges to our water and natural resources. YES ON 68: Invests in natural resources and disaster prevention, cleans up contaminated drinking water, increases local water supplies, provides safe parks for children and future generations. Annual audits ensure accountability. American Lung Association in California, California Chamber of Commerce, The Nature Conservancy, agree: www.YES68CA.com
CON - I’m not here to tell you that addressing drought, water, parks, climate, coastal protection, and outdoor access is wrong. Borrowing for them is wrong. California has enough debt. It has the worst balance sheet of all 50 states. The last thing the State of California needs is more debt!
FOR ADDITIONAL INFORMATION
- Ann Newton Californians for Clean Water and Safe Parks
- 12711 Ventura Blvd., Suite 170
- Los Angeles, CA 91604
- (818) 760-2121
- anewton@fionahuttonassoc.com
- www.YES68CA.com
- Lance Christensen California State Senator
- John MW Moorlach
- Capitol Room 2048
- Sacramento, CA 95814
- (916) 651-4037
- lance.christensen@sen.ca.gov
Source: CA. SOS