Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for California > News item |
California ponders $9.3 billion bond measure to increase water supply
By Cristal Cody
Springdale, Ark., July 11 - California Gov. Arnold Schwarzenegger and U.S. Sen. Dianne Feinstein (D-Calif.) proposed a $9.3 billion bond measure to the state Legislature to update the state's water system.
The measure is expected to be placed on November ballots.
The bonds would pay for increased water storage, improvements to the system to reduce water shortages and additional conservation tools.
The state has experienced a drought for the past two years. Court-ordered water restrictions from Sacramento-San Joaquin Delta ecosystem have reduced supplies from the state's two largest water systems by 20% to 30%.
Schwarzenegger has declared a statewide drought and a state of emergency in nine Central Valley counties because of low water supplies.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.