OK guys,.... Yesterday, the SacBee reported that the Guv signed a bill placing the bond issue to fund the latest water project on the ballot in next November's election.... The latest estimate of the dollar value of those bonds is $11 billion plus.
I'm going to make a last ditch attempt to state that any more bond issues will probably push this state's finances over the edge into de facto bankruptcy. As it currently stands, almost 50% of current general fund monies goes for service of bonded indebtedness (interest payments) and not all of the bonds authorized in prior elections have been issued, yet. No wonder there's no money left for governing this state. Regardless of how you feel about state government, I urge all of you to take a long, hard look at this proposed bond issue, then vote your conscience.
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