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November 5, 2024 (2024-11-05) | |||||||||||||||||||
Authorizing bonds for safe drinking water, wildlife prevention, and protecting communities and natural lands from climate risks Authorizes $10 billion in general obligation bonds for water, wildfire prevention, and protection of communities and lands. Requires annual audits. Increased state costs of about $400 million annually for 40 years to repay the bond. | |||||||||||||||||||
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| Source: California Secretary of State[1] | |||||||||||||||||||
Proposition 4, titledAuthorizing bonds for safe drinking water, wildlife prevention, and protecting communities and natural lands from climate risks, was aCalifornia ballot proposition and legislative statutes that passed by vote on in the2024 general election on November 5, 2024.
The proposition "authorize[d] $10 billion in general obligation bonds for water, wildfire prevention, and protection of communities and lands."[2][3]
Despite the pitch being for new expenditures to be funded by the proposition, over $275 million in Prop 4 funds have been used to backfill the state's general fund. California lawmakers have faced criticism for using a significant amount of Proposition 4 funds aspork, including $16 million for a conservation easement for a private ranch in Santa Barbara, $40 million to secure access to a private beach, and $1 million for an alternative meat research facility atUC Davis.[4]
The 2025-2026 California Spending Plan sets forth the broad allocations of the proceeds of the bonds with $3.5 billion allocated for the first year implementation:
