UCHastings Instagram

Barrister's Ball
Instagram Photo Likes thoffany, jaybeedoe, exnowayyy and 12 others like this.
Sunday, August 25, 2013

Professor Brian Gray Argues for Balanced Water Bond Portfolio in Op-Ed

In recent weeks, work has begun in earnest in the Capitol to revamp the water bond that will go before California voters in November 2014.

Everyone seems to agree that the new bond needs to be smaller than the $11 billion bond currently slated for that ballot, which polling suggests is more than the voters are likely to approve. But agreeing on what the new bond should include is proving harder. Our advice? This is an opportunity to put California on a more sustainable water funding diet – with a balanced portfolio that relies less on periodic injections of general-fund-backed debt.

A bit of background on the current bond dilemma: From 2000 to 2006, California voters approved six general obligation bonds for water-related purposes, totaling more than $23 billion (in today's dollars). This is nearly three times as much as the sums approved in the preceding 30 years, and it translated into generous state programs to support local water, wastewater, flood protection, ecosystem restoration and parks. By the time the Legislature approved the proposed $11 billion bond in late 2009, water managers had gotten used to a steady stream of funds, and a new bond was needed to maintain it.


Read more of Professor Brian Gray's Op-Ed in the Sacramento Bee.
Go to News Archive

Share this Story

Share via Facebook
Share via TwitterShare via EmailPrint Friendly Version

Other Recent Stories/ RSS

Tuesday, October 21, 2014

Passionate About Deaf Issues: 5 Qs for Alice McGill '91

Alice McGill is the Deputy Director at NorCal Services for Deaf and Hard of Hearing in Sacramento, California.
Thursday, October 16, 2014

3L Robert Graham: City Bank Project is Alternate Housing Crisis Fix

"My upbringing and public interest background has taught me that affordable housing is intertwined with other social and fiscal issues—like a child’s access to quality education and a working family’s ability to earn a living wage."
Wednesday, October 15, 2014

La Raza’s Day @ Law School Opens the Door to Future Law Students

250 youth from area schools will spend the day immersed in all things UC Hastings to whet their appetite for a legal career.
Tuesday, October 14, 2014

5Qs for 3L Mario Lopez, Fall Intern at the White House

Lopez works on financial and housing issues has enjoyed being at the heart of the executive branch.
Tuesday, October 14, 2014

Bay Area Minority Law Student Scholarships Go to 1Ls Eliana Corona-Vazquez and Gabrielle Parris

Professor Zitrin has contributed to several of the 19 scholarships awarded to UC Hastings students since 1998.
Go to News Archive