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, August 14, 2017

          Message from Dean Faigman: Bar Exam Pass Line

          Sound research is needed to determine a proper cut score.
          Friday, August 11, 2017

          UC Hastings Students Staying Energized at the California Public Utilities Commission

          Three students dedicated to public service and the environment discuss their experience this summer at the CPUC.
          Tuesday, August 01, 2017

          Announcing New Academic Dean Morris Ratner

          Highly regarded scholar, educator, and mentor explains his goals of supporting the school while exploring opportunities for change.
          Tuesday, August 01, 2017

          Thinkers & Doers: July 2017

          Polyamorous Marriages -- Prof. Feldman has Amazon’s #1 New Release in Health Law -- 2017 Trial Lawyer of the Year -- Cleaning up the Tenderloin -- The Democratic Party’s Billion-Dollar Mistake -- War Games Threatcasting -- Prof. Williams’ book on Mark Cuban’s summer reading list -- and much more
          Friday, July 28, 2017

          Lights, Camera, Legal: UC Hastings students on set with Danny Glover, Terry Crews, Stephen Yeun, & more.

          Rising 3L Kristian Zanis, and rising 2Ls Eisha Perry and Sara Khorasani are learning the legal and production side of the film industry at a San Francisco entertainment law firm.
          Go to News Archive