UCHastings Instagram

From DiscomBOBulated, A fun-filled carnival affair.
Instagram Photo Likes sara_emily07, owodog_yoyo, christinabatshoun and 11 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

Wednesday, November 19, 2014

The Mathew O. Tobriner Memorial Lecture - Professor Brian Leiter

Professor Leiter to present "Constitutional Law, Moral Judgment, and the Supreme Court as Super-Legislature" on Monday, January 12, 2015. 
Wednesday, November 19, 2014

UC Hastings Launches New Attorneys in Residence Program (AiR)

One-year, entry-level attorney positions are with private-sector employers who do not traditionally hire recent grads.
Friday, November 14, 2014

Staff Spotlight: Vincent Moyer

Take a peek behind the UC Hastings library’s stacks with Vincent Moyer, Foreign, Comparative and International Law Librarian.
Friday, November 14, 2014

Thinkers & Doers: November 14, 2014

UC Hastings community members in the news and making moves November 1-14, 2014.
Wednesday, November 12, 2014

3L Emily Goldberg Knox on Twitter, Terrorism, and the Law

The Editor-in-Chief of Hastings Law Journal is already making her mark in transnational law.
Go to News Archive