Financial Assistance Programs - Grants and Loans
PROPOSITION 40
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: State cost of about $4.3 billion over 25 years (average cost of about $172 million per year) to repay bonds. State and local operation and maintenance costs of potentially tens of millions of dollars annually.
Click here for more information about Proposition 40.
The
Division of Financial Assistance will adminster the
following Proposition 40 funded programs:
Proposition
40 & 50 Funding Timelines
- Clean Beaches
- Small Community Wastewater Grants
- Urban Storm Water Grants
- Nonpoint Source Pollution Control
- Agricultural Water Quality Grants
- Small Community Groundwater Grants
- Integrated Watershed Management
- Groundwater Monitoring