Via ShutterstockThe Milken Institute recently analyzed gaps in infrastructure funding and policy barriers that ultimately prevent infrastructure development and completion in California. The new report suggests that the state must develop a coordinated approach to prioritize projects and harness innovative financing mechanisms to meet the state’s critical water infrastructure needs.
The Owens River cuts through the Owens Valley near the east slope of the Sierra. (Photo: Bart Everett)California voters may be asked this year to approve $13 billion in two separate water bonds that promise to pay for safe drinking water and improve flood protection. Proposition 68 is a $4.1 billion measure and is already set for the June 5 ballot. The Water Supply and Water Quality Act is an $8.9 billion bond and could come up for a vote in November. The Secretary of State’s office is reviewing the signatures turned in and should decide by the end of the month whether it qualifies for the ballot.