Authorizes Bonds Funding Parks, Natural Resources Protection, Climate Adaption, Water Quality And Supply And Flood Protection
California Ballot Measure - Proposition 68
Election: June 5, 2018 (Primary)
Outcome: Passed
Categories:
EnvironmentGovernment Budget and Spending
Natural Resources
Summary
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.
Resources
Official Summary
Source