BALLOT MEASURE SUMMARY 
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SUMMARY Put on the Ballot by the Legislature |
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| This act rebuilds and repairs California’s most vulnerable
flood control structures to protect homes and prevent loss of
life from flood-related disasters, including levee failures, flash
floods, and mudslides; it protects California’s drinking water
supply system by rebuilding delta levees that are vulnerable to
earthquakes and storms; by authorizing a $4.09 billion dollar
bond act. Fiscal Impact: State costs of approximately $8 billion
over 30 years to repay bonds. Reduction in local property
tax revenues of potentially up to several million dollars
annually. Additional unknown state and local operations and
maintenance costs. |
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WHAT YOUR VOTE MEANS |
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| YES A YES vote on this measure means: The state could sell about $4.1 billion in general obligation bonds to fund flood management projects, including repairs and improvements to levees, weirs, bypasses, and other flood control facilities throughout the state. |
NO A NO vote on this measure means: The state could not sell about $4.1 billion in general obligation bonds for these purposes. |
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ARGUMENTS |
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| PRO Yes on Proposition 1E protects against floods and helps ensure an adequate supply of clean drinking water for all Californians. It repairs levees and increases flood protection. 1E also helps prevent water pollution in our streams and ocean. Rebuild California: YES on 1E—Clean Water, Flood Protection, and Disaster Preparedness. |
CON We cannot afford $4,090,000,000 in new debt and higher taxes to pay it back. Local projects should be funded locally, without unfair subsidies. This bond will not provide any new drinking water. The repairs funded by this bond will need to be repaired again before this bond is repaid. |
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FOR ADDITIONAL INFORMATION |
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| FOR Let’s Rebuild California 1127 11th Street, Suite 950 Sacramento, CA 95814 (916) 448-1401 info@readforyourself.org www.readforyourself.org |
AGAINST Thomas N. Hudson, Executive Director California Taxpayer Protection Committee 9971 Base Line Road Elverta, CA 95626-9411 (916) 991-9300 info@protecttaxpayers.com www.protecttaxpayers.com |
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