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California Proposition 13, Bonds for Water Infrastructure (2000)
It authorized a $1.97 billion bond to "improve the safety, quality, and reliability of water supplies, as well as to improve flood protection." Of the $1.97 billion, $250 million was dedicated to carrying out the CALFED Bay-Delta plan.
From 1975-2000, California voters had approved about $425 million of general obligation bonds for similar purposes. In June 1999, all but about $11 million of the bonds authorized by the previous water-related bond acts had been spent or committed.
Text of measure
The ballot title was:
- This act provides for a bond issue of one billion nine hundred seventy million dollars ($1,970,000,000) to provide funds for a safe drinking water, water quality, flood protection, and water reliability program.
- Appropriates money from the General Fund to pay off bonds.
- See also: Fiscal impact statement
The California Legislative Analyst's Office provided an estimate of net state and local government fiscal impact for Proposition 13. That estimate was:
- State cost of up to $3.4 billion over 25 years to pay off both the principal ($1.97 billion) and interest ($1.4 billion) costs on the bonds. Payments of about $135 million per year.
- Potential costs of an unknown amount to local governments to operate or maintain projects developed with these bond funds.
Financial supporters of Proposition 12 radically outspent opponents. $3,964,862 was spent in favor, while there was no opposition campaign.
Financial supporters included:
Path to the ballot
Proposition 13 was voted onto the ballot by the California State Legislature via Assembly Bill 1584 of the 1999-2000 Regular Session (Chapter 725, Statutes of 1999).
|Votes in legislature to refer to ballot|
- Official Voter Guide to Proposition 13
- Full text of Proposition 13
- Official declaration of the March 7, 2000 vote
- Smart Voter on Proposition 13
- Cal Voter on Prop 13
- Top Ten contributors