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Official Title: Water Quality, Supply and Safe Drinking
Water Projects. Coastal Wetlands Purchase and Protection. Bonds. Initiative Statute.
Results
Official
statewide election results are available from the Secretary
of State's web site.
| Official Summary: Authorizes $3,440,000,000 general
obligation bonds to fund a variety of water projects, including: Specified CALFED
Bay-Delta Program projects including urban and agricultural water use efficiency
projects; Grants and loans to reduce Colorado River water use; Purchasing, protecting
and restoring coastal wetlands near urban areas; Competitive grants for water management
and quality improvement projects; Development of river parkways; Improved security
for state, local and regional water systems; Grants for desalination and drinking
water disinfection. Appropriates money from state General Fund to pay off bonds.
State cost of up to $6.9 billion over 30 years to pay off both the principal ($3.44
billion) and interest ($3.46 billion) costs on the bonds. Payments of about $230
million per year. Reduction in local property tax revenues, ranging from a few million
dollars to roughly $10 million annually, about one-half of which would be offset
by state payments to schools to make up their revenue loss. Unknown costs to state
and local governments to operate or maintain properties or projects purchased or
developed with these bond funds. |
Web Sites
Contact Information
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YES
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California for Clean Water & Coastal Protection
926 J Street, Suite 907
Sacramento, CA 95814
(916) 669-4796 |
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info@prop50yes.com |
Who Signed the Ballot Arguments
|
YES
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NO
|
 Barbara Inatsugu, President, League of Women Voters |
|
Edward J. (Ted) Costa, Chairman, California Taxpayers Coalition |
| Dan Taylor, Vice President, Naional Audubon Society |
|
Richard Ahern, Vice President, Waste Watchers, Inc. |
| Marguerite Young, California Director, Clean Water Action |
|
Ernie Dynda, President, United Organizaions of Taxpayers |
| Dan Terry, President, California Professional Firefighters |
|
Tom C. Rogers, Chairman, Citizens Against Unfair Taxation |
| Phillip J. Pace, Chairman, Metropolitan Water District
of Southern California |
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News Coverage
For the most current election-related news stories, CVF recommends the Rough
& Tumble web site.
(please note: some of
the links below may no longer work, because many newspaper web sites move stories
into fee-based archives after a certain amount of time) |
| |
| Prop.
50 seeks to ease water woes, The Argus, October 18, 2002 |
| Bond
measure promises more than just water, Sacramento Bee, October
11, 2002 |
| Farmers divided
on water bond, Bakersfield Californian, June 29, 2002 |
| Water
bond makes waves, Sacramento Bee, June 14, 2002 |
| Water
measure on ballot, Fresno Bee, June 3, 2002 |
| Water bill less about concrete,
Contra Costa Times, May 22, 2002 |
| Opposition
to proposed water bond voiced early, San Diego Union Tribune,
December 27, 2001 |
| $3.4 billion
water bond vote possible, San Diego Union Tribune, November 17,
2001 |
For More Information, CVF Recommends...
Next Proposition
|
This page first published September 24, 2002 -- last updated
November 6, 2002 
