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<p class=MsoNormal><b><span style='font-size:14.0pt;font-family:"Times New Roman","serif"'>Kill
water bond<o:p></o:p></span></b></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>Riverside
Press-Enterprise-7/1/10<o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>Editorial<o:p></o:p></span></p>
<p class=MsoNormal> <span style='font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Prop.
18 needs to disappear. The Legislature should pull this overblown measure from
the November ballot. Then legislators should create a stripped-down water bond
that avoids costly pork and stays focused on the state's central water needs. <o:p></o:p></span></b></p>
<p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></b></p>
<p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Gov.
Arnold Schwarzenegger this week called on the Legislature to shift Prop. 18, an
$11.1 billion water bond, to the 2012 election. That step requires a two-thirds
vote of the Legislature, but has the support of legislators such as Sen. Dave
Cogdill, R-Modesto, who produced the bond legislation, and Senate President Pro
Tem Darrell Steinberg, D-Sacramento. Politicians fear voters will not back an
enormous water bond, given the state's sputtering economy and huge budget
shortfall. <o:p></o:p></span></b></p>
<p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></b></p>
<p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Merely
pushing the bond back two years will not improve a measure awash in unnecessary
spending. The $11.1 billion bond is more than twice the amount of the state's
largest previous water bond. And the measure is bloated with billions of
dollars for projects that have little to do with the state's crucial water needs.
<o:p></o:p></span></b></p>
<p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></b></p>
<p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>California
does need to boost the collection and storage of winter storm runoff. And the
state needs to address the environmental ills in the Sacramento-San Joaquin
Delta, which threaten the viability of the state's primary water system. But
only about $5 billion in Prop. 18 would go toward those issues. <o:p></o:p></span></b></p>
<p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></b></p>
<p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Nor
can the state afford to pile up debt recklessly. Prop. 18 would add as much as
$800 million a year in debt payments to the state's deficit-ridden general
fund. Treasurer Bill Lockyer reported in December that the water bond, along
with the borrowing voters have already authorized, would push debt service
costs to exceed $10 billion annually in 2012-13 -- or more than 10 percent of
projected state revenue. <o:p></o:p></span></b></p>
<p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></b></p>
<p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>A
smaller, more focused bond is key to addressing the state's long-term water
needs. Voters should not have to pay for politicians' lack of fiscal restraint.
<o:p></o:p></span></b></p>
<p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></b></p>
<p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></b></p>
<p class=MsoNormal><i><span style='font-size:12.0pt;color:gray'>Byron
Leydecker, JcT</span></i><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><i><span style='font-size:12.0pt;color:gray'>Chair, Friends
of Trinity River</span></i><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><i><span style='font-size:12.0pt;color:gray'>PO Box 2327</span></i><span
style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><i><span style='font-size:12.0pt;color:gray'>Mill Valley, CA
94942-2327</span></i><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><i><span style='font-size:12.0pt;color:gray'>415 383 4810
land/fax</span></i><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><i><span style='font-size:12.0pt;color:gray'>415 519 4810
mobile</span></i><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><b><i><span style='font-size:12.0pt;color:gray'><a
href="mailto:bwl3@comcast.net"><span style='color:blue'>bwl3@comcast.net</span></a></span></i></b><b><span
style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></b></p>
<p class=MsoNormal><b><i><span style='font-size:12.0pt;color:gray'><a
href="mailto:bleydecker@stanfordalumni.org"><span style='color:blue'>bleydecker@stanfordalumni.org</span></a>
</span></i></b><i><span style='font-size:12.0pt;color:gray'>(secondary)</span></i><b><span
style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></b></p>
<p class=MsoNormal><b><i><span style='font-size:12.0pt;color:gray'><a
href="http://fotr.org/"><span style='color:blue'>http://www.fotr.org</span></a>
</span></i></b><b><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></b></p>
<p class=MsoNormal> <o:p></o:p></p>
<p class=MsoNormal> <o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
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