2018 California Proposition 68

The Proposition would allow the State of California to borrow $4.1bn using a municipal bond scheme in order to fund parks, water and flood protection infrastructure and various environmental projects.

The Proposition set allocation of these funds between different strategies:[1] The cost to the public was estimated to be $7.8bn after paying off interest, or an average annual repayment of $200m for forty years.

[2] The 'Yes' campaign focused mainly on the improvements the Proposition would bring to parks, saying that it would remedy years of "under-investment" in environmental infrastructure in poorer communities.

[13] A "yes" vote on Proposition 68 proposes: The state could sell $4.1 billion in general obligation bonds to fund various natural resources-related programs such as for habitat conservation, parks, and water-related projects.

A "no" vote on Proposition 68 proposes: The state could not sell $4.1 billion in general obligation bonds to fund various natural resources-related programs.