The $11 billion water bond was the product of a tough political compromise last year. Lately, it’s been the focus of a lot of criticism — detractors say it is too filled with pet projects, and it contains too much borrowing for a state in fiscal chaos.
Last night, the Legislature pushed the bond onto the ballot two years from now, a plan to pay for new dams, water conservation, and some changes in the fragile Delta ecosystem. Supporters say the delay isn’t likely to hurt the state’s water needs. But no one can say whether a two-year postponement will allow the proposal to be fine-tuned or killed by its many opponents.
Today’s San Francisco Chronicle has more on the fate of the bond measure, which had been scheduled to appear on this November’s state ballot.