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State of California March 5, 2002 Election
Proposition 40
The California Clean Water, Clean Air, Safe Neighborhood Parks, and Coastal Protection Act of 2002

Legislative Bond Act

2,769,178 / 56.9% Yes votes ...... 2,101,516 / 43.1% No votes

See Also: Index of all Propositions

Information shown below: Summary | Fiscal Impact | Yes/No Meaning | Official Information | Arguments |

Should the state borrow two billion six hundred million dollars ($2,600,000,000) through the sale of general obligation bonds for development, restoration, and acquisition of state and local parks, recreation areas and historical resources, and for land, air, and water conservation programs?

Summary Prepared by the State Attorney General:
To protect rivers, lakes, and streams to improve water quality and ensure clean drinking water; to protect beaches and coastal areas threatened by pollution; to improve air quality; to preserve open space and farmland threatened by unplanned development; to protect wildlife habitat; to restore historical and cultural resources; to repair and improve the safety of state and neighborhood parks; the state shall issue bonds totaling two billion six hundred million dollars ($2,600,000,000) paid from existing funds. This program is subject to an annual independent audit.

Fiscal Impact from the Legislative Analyst:
State cost of about $4.3 billion over 25 years to pay off both the principal ($2.6 billion) and interest ($1.7 billion) costs on the bonds. Payments of about $172 million per year.

Costs potentially in the tens of millions of dollars annually to state and local governments to operate or maintain property bought or improved with these bond funds.

Meaning of Voting Yes/No
A YES vote of this measure means:
The state could sell $2.6 billion in bonds for natural resources conservation, state and local park acquisition and improvement, and historical and cultural resources preservation purposes.

A NO vote of this measure means:
The state could not sell $2.6 billion in bonds for these purposes.

Official Sources of Information
Arguments Submitted to the Secretary of Statethe Secretary of State

Summary of Arguments FOR Proposition 40:
YES on 40! Clean water, clean air, and safe neighborhood parks protect our health and safety. Annual audits make this measure accountable. Keep California safe and beautiful, and protect the quality of your neighborhood. Supported by Audubon Society, California Organization of Police and Sheriffs, and L.A. Chamber of Commerce.

For more information, see full argument and rebuttal.

Summary of Arguments AGAINST Proposition 40:
California is facing huge budget deficits which will result in cuts in services, tax hikes, or both. Now is not the time to go another $2,600,000,000 into debt. The voters already approved $4,000,000,000 in bonds for water and parks in 2000. We must prioritize our spending in these uncertain times.

For more information, see full argument and rebuttal.

Contact FOR Proposition 40:
Bryan Blum

Californians for Clean Water, Clean Air, Coastal Protection, and Safe Neighborhood Parks

926 J Street, #612; Sacramento, CA 95814; 916-313-4539; bblum@voteyeson40.org http://www.voteyeson40.org/

Contact AGAINST Proposition 40:
Senator Ray Haynes

P.O. Box 51891; Riverside, CA 92517; 909-698-2158; http://www.hjta.org/

  Official Information

Secretary of State

Legislative Analysts's Office Nonpartisan Information

League of Women Voters

California Voter Foundation Events

KQED-FM 88.5 Public Radio

  • Discussion of Prop 40 - RealAudio archive of Forum program aired 2/27/02 (20 min) hosted by Michael Krasny. Guests: Keeley, Vosberg
    (Opens in new window). Part of KQED.org election coverage
News and Analysis

Fresno Bee

Redding Record Searchlight Sacramento Bee Ventura County Star
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Created: April 19, 2002 10:59 PDT
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