Pennsylvania Water And Sewer Improvements Bond Referendum (2008)
Text of Question
Do you favor the incurring of indebtedness by the Commonwealth of $400,000,000 for grants and loans to municipalities AND PUBLIC UTILITIES for the cost of all labor, materials, necessary operational machinery and equipment, lands, property, rights and easements, plans and specifications, surveys, estimates of costs and revenues, prefeasibility studies, engineering and legal services and all other expenses necessary or incident to the acquisition, construction, improvement, expansion, extension, repair or rehabilitation of all or part of drinking water system, STORM WATER, NONPOINT SOURCE PROJECTS, NUTRIENT CREDITS and wastewater treatment system projects? 
If the question is approved by voters, it will:
- Allow the government of Pennsylvania to borrow $400,000,000 ($400 million) to make grants and loans to municipalities and public utilities for the acquisition, construction, improvement, expansion, extension, repair or rehabilitation of drinking water system, storm water and nonpoint source projects, nutrient credits and wastewater treatment system projects.
- The measure explicitly defines the terms in includes (for example, it defines "drinking water system" as something that "consists of reservoirs, wells, water treatment facilities and equipment such as pipes, tanks, filters and pumps, which collect, treat, store and supply safe drinking water for public use").
- Only $200,000,000 ($200 million) may be used in outright grant to municipalities. The remainder would have to be disbursed as loans to those who qualify for the funds.
- The amount of a grant, loan, or combination of grant and loan awarded for a project may not exceed the monetary limits set by Act 64 of 2008, which vary based on the annual average daily flow of a sewage treatment system or the population served by a water system.
- The total cost of repayment will be an estimated $621 million, with an annual cost of $31 million after all the debt is issued ($11.2 million and $23.1 million in 2009-10 and 2010-11, respectively).
- Philly.com "Voters Asked To Approve Sewer/Water Bond"
- Fiscal Note, Pennsylvania House of Representatives Committee on Appropriations