Everyone knows about the pharmaceutical companies, defense contractors and other financial interests that dominate political spending in Washington, D.C. Because federal spending provides a big share of those businesses’ revenues, it’s not surprising they spend heavily for a Congress sympathetic to their interests. But fewer know about the financial interests that dominate political spending in Sacramento.
Boats cluster together at drought-ravaged Shasta Lake. (Photo: David Greitzer).
People across California pay dramatically different amounts for the same amount of water, with price tags set by individual agencies from Crescent City to El Centro. North or south, inland or coastal, what Californians pay for their water is locally driven. Ultimately, retail water’s value is determined in a way similar to real estate – location, location, location.