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What is it: This initiative will sell about $4 billion in a bond aimed for disaster preparedness and flood prevention. Most of California’s levees are in the central valley, and this bond measure would earmark money (about $3 billion) to repair and upgrade those levees. The rest of the money will be split among different programs that address flood protection and control.
What the Pro people are saying: Our water supply is one of the most important resources we have and we need to make sure we have the money we need to protect it. Citing Hurricane Katrina’s impact on the levee system in New Orleans, neglecting our own levees could welcome a disaster that we can’t afford.
What the Con people are saying: This is way too expensive. It will cost California tax payers $8 billion when this bond is repaid. While flood protection is important, there are better ways to allocate that money rather than doing it through a bond.
Bottom Line: There are some things we can easily take for granted–our levee system is one of those things. We just assume it’s supposed to work, but we don’t know how the funding works. My issue is that we are putting yet another bond measure before voters to approve something that’s important but doesn’t feel urgent in the mind of most (in my opinion) voters. If this is a priority, it should be in our state’s budget. We can’t apply for a new credit card to cover essential, important expenses.
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EDDY!!!!!