This act provides for a bond issue of one billion nine hundred seventy million dollars ($1,970,000,000) to provide funds for a safe drinking water, water quality, flood protection, and water reliability program. Fiscal Impact: State cost of up to $3.4 billion over 25 years (average cost of about $135 million per year) to repay bonds. Potential unknown local project operation and maintenance costs.
Source for Popular Vote data: California Secretary of State. Statement of Vote 2000 Primary Election March 7, 2000, California Secretary of State (http://www.ss.ca.gov/elections/sov/2000_primary/measures.pdf) (accessed 25 Feb 2007)