UCHastings Instagram

          Join #UCHastings and millions of others around the world as we celebrate ‪#‎GivingTuesday‬ today: Every donation made to UC Hastings, no matter the size, makes a big impact for our students! opportunity.uchastings.edu/givingtuesday
          Instagram Photo Likes skarakash, drysdalerobin, neceyh 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

          Monday, November 30, 2015

          Walter Moore ’92 is the Vanguard of Open Spaces

          As the president of Peninsula Open Space Trust, Moore has helped protect 75,000 acres of land in the Silicon Valley Area.
          Monday, November 30, 2015

          Maggie Goodrich ’04 Serves the Community as CIO of LAPD

          “A law degree gives you the foundation to do an unlimited number of things.”
          Monday, November 23, 2015

          UC Hastings Trial Team Wins ABA San Francisco Regional

          “There are teams that script themselves, with a speech they memorize word for word, and there are rare teams like ours, that don’t come with scripts.”
          Thursday, November 19, 2015

          Wu to Step Down as UC Hastings Chancellor and Dean

          Joint announcement from the UC Hastings Board of Directors and Chancellor and Dean Frank H. Wu
          Wednesday, November 18, 2015

          Manoj Viswanathan to Join UC Hastings Faculty

          Professor Viswanathan's research focuses on tax policy, economic development, and the regulation of tax-exempt organizations.
          Go to News Archive