Hosted by KFI's Kris Ankarlo, Propositioned is an in-depth look at the upcoming issues you'll see on the ballot for California’s June 5 primary.
Today's episode takes a look at Prop 68, which would allow California to sell $4.1 billion in bonds to help fund improvements in our parks and water systems.
Proposition 68 would:
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.
A YES Vote would:
A YES vote on this measure means: The state could sell $4.1 billion in general obligation bonds to fund various natural resources-related programs such as for habitat conservation, parks, and water-related projects.
A NO Vote would:
A NO vote on this measure means: The state could not sell $4.1 billion in general obligation bonds to fund various natural resources- related programs.