Proposition 3 proposes nearly $9 billion bonds on water infrastructure
June ballot Prop 68 authorized $4 billion Proposition 3, on the ballot in November, proposes issuance of $8.877 billion in general obligation bonds for water infrastructure improvement. Of the $8.877 billion, $3 billion is targeted for safe drinking water and water quality, $2.9 billion for watershed and fisheries improvements, $940 million for habitat protection, $855…


