Proposition 1E (Disaster and Flood Bond): NO

• Proposition 1E Disaster Preparedness and Flood Prevention
  Should the state sell $4.1 billion in general obligation bonds to finance disaster preparedness and flood prevention projects at the state and local levels?

Over $4 billion of bond debt ("without raising taxes!"). I need to research how true the need for and effectiveness of each of these are (vulnerablility of flood control structures, delta levees, etc.), but my initial vote is No. I'd also like to find out the geographical distribution this would be likely to have, and how much local projects could realistically be funded locally and how much the state government (and our state taxes) should help out with.