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California Treasurer’s Office Releases Report on BDCP Affordability and Financing

November 14, 2014

The California State Treasurer’s Office released The Bay Delta Conveyance Facility: Affordability and Financing Considerations, a study of affordability for the water facility construction proposed in the Public Review Draft Bay Delta Conservation Plan (BDCP). This independent study, requested by the California Natural Resources Agency, was commissioned by the California Debt and Investment Advisory Commission (CDIAC), chaired by State Treasurer Bill Lockyer. The study finds that the cost of the Delta conveyance facility is within the range of urban and agricultural users’ capacity to pay. Read the study here.

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