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California rejects $9 billion bond for water infrastructure

Nov 13, 2018
https://www.houstonchronicle.com/news/article/California-rejects-9-billion-bond-for-water-13372601.php

SACRAMENTO, Calif. (AP) — California voters rejected borrowing nearly $9 billion for water infrastructure improvement projects despite the state suffering from chronic water scarcity.

Proposition 3 lost Tuesday by a narrow margin of less than 3 percentage points.

The initiative called for devoting the money to storage and dam repairs, watershed and fisheries improvements, and habitat protection and restoration.

Much of the $8.9 billion was earmarked for conservancies and state parks to restore and protect watersheds, and to nonprofits and local agencies for river parkways.
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